Everywhere I go, I hear some variation of the claim that “young people today just don’t care about privacy.” This is something that people widely seem to believe is “just true.”
In 2012, the total losses resulting from account takeover and new account fraud each rose by approximately 50% over the previous year.
The threat of identity theft this tax season leaves consumers with more to worry about than whether or not a tax return is in the mail.
Last week, a Javelin Strategy & Research report found 12.6 million victims of identity fraud in the United States in the past year, which equates to 1 victim every 3 seconds.
In 2012 identity fraud incidents increased by more than one million victims and fraudsters stole more than $21 billion, the highest amount since 2009, according to Javelin Strategy & Research.