Thursday, November 08, 2007

The Prevalence of Identity Theft

The Bureau of Justice Statistics recently published a report on identity theft. According to the report, in 2005, 6.4 million households (5.5% of all households in the US) discovered that at least one member experienced one or more types of identity theft. Of this group, unauthorized use of an existing credit card was the the most prevalent type of identity theft (about 3 million households). Given that the data in the report is from 2005, the statistics today would likely be significantly larger.

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