Shop online without revealing your real personal and financial information. Current and up to date identity theft statistics help you protect your identity when shopping online.
Identity theft statistics are partly collected from police reports but a large percentage of cases are still not reported to law enforcement agencies, making exact numbers impossible sum up. Up to 9 million people in the United States may be victimized by identity theft bandit's each year. Recent reports now talk about 10,000,000 victims. You need a solution to this problem and Shop Shield® is the answer to the security and piece of mind you deserve. The Secret Service estimates that in 1997 consumers lost more than $745 million due to identity theft. By 2007 it was in the billions.
A recent report on identity theft statistics warned that there is likely to be "mass victimization" of consumers within the next two years. The report said consumers should be extra careful to monitor all their financial transactions for unexplained account activity, withdrawals, or fund transfers.
Identity theft is the fastest growing crime in America. The average victim spends 175 hours and $1000.00 repairing the damage.
The U.S. Federal Trade Commission says that identity theft is it's number one source of consumer complaints - 42 percent of all complaints, in 2001.
A study by Gartner Group reveals that 1 in 50 consumers has fallen prey to identity theft statistics. The survey also indicates consumers are so concerned about the problem that they are calling for changes in the way electronic transactions are performed.
According to the FTC's figures, ID theft is the most popular form of consumer fraud, in part because it is the most profitable. ID thieves stole nearly $100 million from financial institutions last year, or an average of $6,767 per victim.
Approximately every 7 seconds someone's identity is stolen. The threat to your name and good credit is very real and now that we have entered the information age it's a lot easier than it used to be to steal an identity! That's why identity theft statistics are very important to know. Shop Shield® will give you the protection, security and piece of mind you need and deserve when shopping online.
Shop Shield® is a new and better way to protect your personal identity information. It replaces your actual data with useless, anonymous information, when you make a purchase online or register at a web site.
Your credit card numbers, bank accounts, billing address, email address and login information are all safely hidden from people who want to steal them. Shop Shield® automatically creates substitute billing details and login identities that are meaningless to anyone who gains unauthorized access to the information. Your identity can never be stolen because you were never there!
So what can you do to protect yourself and eliminate the risk of your identity being stolen? When you use Shop Shield® , hackers and crooks with access to customer databases can't steal your name, your credit card number or even your email address, because this information is never in the databases of web sites where you shop. The companies you buy from can't sell your information – because you never gave it to them. You're anonymous, so your information is secure. Guaranteed!
Identity theft is a serious crime that we all need to be aware of. In this article we look at a number of identity theft statistics representing this crime in order to give you a better idea of this crime and how important it is to protect yourself against it.
Identity theft was first mentioned in literature in the 1990's, studies showed that between 2001 and 2002 there was an 11-20% increase in this crime, while between 2002 and 2003 this figure had increased to 80%.
The Javelin/Better Business Bureau survey from January 2006 showed that there was a decrease in identity theft between 2003 and 2006 though. In 2003 the adult victims of identity theft living in the United States was 10.1 million in 2003, 9.3 million in 2005 and 8.9 million in 2006.
Identity theft statistics from the Javelin report however do show an increase in the fraud amount. In 2003 the one-year fraud amount was $53.2 billion, $54.4 billion in 2005 and $56.6 billion in 2006.
Identity theft statistics show that in Waco, Texas, alone there was a 700% increase in identity theft cases between 2004 and 2005.
The Bureau of Justice Statistics estimated that in a six-month period in 2004, a total of 3.6 million households were affected by identity theft.
Identity theft statistics can also have severe consequences for businesses. Identity theft statistics show that it may cost a company up to $90,000 or more when just one laptop is stolen. These fees include fines, credit monitoring, public relations damage control and class action litigation.
45% of all identity theft cases are caused by stolen laptops. The second most frequent problem was data leaks from records lost by third part business partners or outsourcing companies. This second component makes up about 29% of all the cases.
The Identity Theft Resource Center says that, "Studies on the total cost of identity theft vary. One study said that identity theft cost U.S. Businesses and consumers $56.6 billion in 2005."
A survey done by the Identity Theft Resource Centre in the spring of 2006 showed some frightening results with regards to phishing. Out of 309 people surveyed, 165 people said they did not know what phishing was, while only 77 people answered correctly.
The Javelin report from 2005 however indicated that offline/traditional methods of identity theft were still more popular than online methods. The identity theft statistics they gave were 68.2% offline and 11.6 online.
In conclusion, although the number of adult victims of identity theft has decreased since 2003, the amounts involved have increased, and identity theft remains a very serious crime. Most criminals involved in identity theft statistics are still using offline methods but we should also be cautious of online methods such as phishing. The identity theft statistics themselves may vary depending on different reports but the fact remains the same, these identity theft statistics are a reason to inform yourself about identity theft and take better precautions to protect yourself.
If you are targeted by an identity thief are you protected? If you are not armed with the latest identity theft statistics it's pretty easy for him or her to steal your identity. There are a few ways like the old fashioned technique of digging through your trash to find personal information from bank statements, utility bills or even collection letters. These days it's much easier and more efficient for a thief to just go online and use the power of the Internet to steal your identity. How many times have you opened your email only to see a message from what you think is your bank or maybe paypal? You are asked to verify your username, password and other personal information by clicking on a link to what you think is the company's web site. It's called phishing and it happens to millions of people everyday across the United States. If you have up to date identity theft statistics you won't be one of them! It's easy for someone to steal your identity when you transmit data online and once they have your bank accounts user name and password it's all over. These are just a few of the ways a thief can steal your identity if you don't have identity theft statistics. Then there's the inside job. You know the type, disgruntled employees or someone just trying to make a quick buck. They may have access to databases containing sensitive personal information and can very easily download and sell your information to criminals. If you have the most current identity theft statistics it won't happen to you. Don't be another statistic, sign up with Shop Shield® today.
If you are not aware of the latest identity theft statistics each time you register at a web site or make a purchase online, your personal information is revealed and stored in a database. Suddenly everything is at risk, your username, password, name, address, credit card, email and more.
The dangers of identity theft are everywhere, and they're growing daily. Here are just a few of them:
Identity Theft Statistics show that Identity thefts are often inside jobs. But your information can't be stolen if it isn't ever there in the first place.
Only Shop Shield® provides 100% peace of mind against identity theft and fraud over the Internet. Here are just a few of the reasons why you can use Shop Shield® at any web site with confidence: