Identity thieves cheat 27 million in United States

Thursday, 4 September 2003, 7:48 PM EST

About 27.3 million U.S. residents have been victims of identity theft in the past five years, according to a Federal Trade Commission survey, but it's unclear how many of those crimes occurred through technological means such as the Internet.

The FTC estimates that 9.9 million U.S. residents have been victims of identify theft during the past year. Businesses and financial institutions lost $48 billion during that time, while consumer victims report $5 billion in out-of-pocket expenses. The phone survey of more than 4000 adults in March and April is the government's first comprehensive attempt to determine the number of victims and the cost of identity theft.

[ Read more ]

Related items




Spotlight

The evolution of backup and disaster recovery

Posted on 25 July 2014.  |  Amanda Strassle, IT Senior Director of Data Center Service Delivery at Seagate Technology, talks about enterprise backup issues, illustrates how the cloud shaping an IT department's approach to backup and disaster recovery, and more.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  

DON'T
MISS

Mon, Jul 28th
    COPYRIGHT 1998-2014 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //