2012 JAVELIN STRATEGY & RESEARCH REPORT SURVEY RESULTS:
11.6 million people became a victim of identity theft in the United States in 2011 which is in increase of 13% over 2010.
KEY SURVEY FINDINGS
- Identity fraud incidents increased and the amount stolen remained steady.
- Social behaviors put consumers at risk. Social media and mobile phone behaviors have created a high incidence of fraud. LinkedIn, Google+, Twitter and Facebook users had the highest incidence of fraud due to consumers sharing a significant amount of personal information frequently used to authenticate a consumer’s identity.
- Smartphone owners experience greater incidence of fraud. 7% of smartphone owners were victims of identity fraud. This is a 1/3rd higher incidence rate compared to the general public.
- Data Breaches are increasing and are more damaging. There was a 67% increase in the number of Americans impacted by data breaches compared to 2010. Victims of a data breach are 9.5 times more likely to be a victim of identity fraud than consumers who did not receive a data breach letter.
Three most common items exposed during a data breach:
- Credit card number
- Debit card number
- Social Security Number
FEDERAL TRADE COMMISSION
ID THEFT STATISTICS FOR 2011
Identity Theft Categories:
- 27% – Government documents benefits fraud
- 14% – Credit card fraud
- 13% – Phone or utilities fraud
- 9% – Bank fraud
- 8% – Employment fraud
- 3% – Loan fraud
Click here for the full 2011 FTC Consumer Sentinel Network Fraud Report.