Wednesday, February 12, 2014

ID Theft: The Next Victim Could Be You.

AARP's blog ran a post on February 7, 2014 from Eileen Ambrose, titled There's a New ID Theft Victim Every 2 Seconds.  If the headline isn't enough to make you take notice, consider the first sentence of that blog post: "[a]bout the time it takes to read this sentence, another three people have become victims of identity theft."  According to the AARP blog, there were over 13 MILLION victims of ID theft in 2013, with more than 25% of those concerning "'account takeover fraud."'  The post reports on a new survey by Javelin Strategy & Research. By the way, Javelin's website has some other helpful information, including other research reports, a consumer "fraud prevention checklist" and an infographic that has great for use in our classes or even in consumer presentations.

The AARP blog post isn't all doom and gloom, citing to the Javlin report that we are improving our prevention efforts, with losses for last year $3 BILLION (yes billion) less than the prior year. 

Serious bummer.

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