Catch up on stories from the past week (and beyond) at the Slashdot story archive


Forgot your password?
Crime Privacy Security IT News Your Rights Online

The Notable Decline of Identity Fraud 130

Orome1 writes "In 2010 the number of identity fraud victims decreased by 28 percent to 8.1 million adults in the United States, three million fewer victims than the prior year. Total annual fraud decreased from $56 billion to $37 billion, the smallest amount in the eight years of the study. While overall fraud declined, consumer out-of-pocket costs rose significantly, mainly due to the types of fraud that were successfully perpetrated and an increase in "friendly fraud." The number of identity fraud incidents decreased by 28 percent over the past year, which brought them down to levels not seen since 2007. The mean fraud amount per victim declined from $4,991 in 2009 to $4,607."
This discussion has been archived. No new comments can be posted.

The Notable Decline of Identity Fraud

Comments Filter:
  • by Locke2005 ( 849178 ) on Tuesday February 08, 2011 @12:07PM (#35138702)
    Somebody used my wife's credit card number to buy merchandise and ship it to an address on the opposite coast. So she called up the credit card company and asked them what address was used. They refused to give it to her, citing privacy concerns! WTF, the identity thief's right to privacy now trumps the cardholder's right to go there and kick their ass?

In seeking the unattainable, simplicity only gets in the way. -- Epigrams in Programming, ACM SIGPLAN Sept. 1982