Identity Theft Up, But Costs Fall Sharply

The number of Americans ensnared by identity theft is on the rise, but victims are striking back more quickly and limiting how much is stolen. In 2008, the number of identity theft cases jumped 22 percent to 9.9 million, according to a study released Monday by Javelin Strategy & Research. The good news is that […]

Identity theft accelerated in 2008, and experts fear it will worsen in ’09

dentity theft became the fastest-growing crime in the United States in 2008, affecting more than 10 million Americans, according to the Federal Trade Commission, the agency that enforces ID theft laws. Hundreds of data breaches exposed sensitive information, and victims spent countless hours on the phone talking to banks, fraud investigators and credit bureaus. Businesses […]

U.S. Federal identity theft convictions increased 26 percent

Federal identity theft convictions increased 26 percent in 2007 from the year prior, according to a Bush administration task force report on identity theft unveiled Tuesday. According to the “Identity Theft Task Force Report,” as many as 1,534 people were convicted in 2006, and a year later, 1,943 were convicted nationwide on various identity theft […]