Identity theft is the fastest-growing crime in the United States. While the increase in awareness of the issue helped lower the number of incidents from 2017 to 2018, the amount stolen during these incidents continues to grow. This is due to the rise in higher-impact fraud types such as new account fraud, account takeover, and misuse of non-card accounts.
Most Common Types of Identity Theft:
- Credit Card Fraud
- Other Identity Theft
- Employment or Tax-Related Fraud
- Phone or Utilities Fraud
- Bank Fraud
- Loan or Lease Fraud
- Government Documents or Benefits Fraud
- Student Loans
- Car Loans
- Credit Cards
Based on the 2019 Identity Fraud Study by Javelin Strategy and the 2018 Consumer Sentinel Network Data Book by the Federal Trade Commission.