Cost Of Identity Theft

cost of identity theft
Can you detect the potential warning signs associated with identity theft? It’s estimated that over 15 million Americans are affected by fraudulent charges, each year. In 2013 alone, the U.S. experienced a $21 billion hit in financial losses, all attributed to fraudulently-made charges.

Identity theft is considered one of the fastest-growing crimes across the world. On a case-by-case basis, an estimated 7 percent of all adults have experienced some form of identity theft; generally in the form of misused bank and credit cards. In order to prevent the onset of fraudulent activity on your account, it’s important to stay aware of any potential traps that will leave you vulnerable to fraudulent behaviors.

The more you learn about identity theft facts, the less vulnerable you are. That’s why it’s advised that you become familiar with identity theft facts, to steer clear of potential traps that compromise your financial security.

Think your identity may have been stolen? There a number of ways that can you help determine whether or not your identity has been compromised. Take a look at our featured infographic below for a list of the possible clues that may point to a potential identity breach.

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