It has been widely reported over the years that identity theft has become the fastest growing type of crime in the United States in recent years. As a result it is something that you should be concerned with. You should also be aware of some of the many identity theft facts that come with this concern.
The number of cases of identity theft in the country has gone up over the years. It is estimated that at least twenty-five million people in the United States were victims of identity theft in the past five years. A major reason for this comes from how criminals have been turning to white collar crime methods that they feel could be easier and more effective methods of crime to handle.
A great thing to know about identity theft is that there are no restrictions as to what a person could buy in another’s name. A thief can get a loan, buy a house or vehicle or even apply for a job under your name with the data that could be stolen from you.
It is also estimated that people who live in states with more urban areas are more likely to be victims of identity theft than others. One of the most notable identity theft facts that the Federal Trade Commission has found that states with large urban areas like California, Texas, New York and Illinois are among the most popular places for identity theft with regards to the number of victims per capita.
An important fact to see is that identity theft is different from data theft. While data theft involves stealing pieces of data like someone’s Social Security number identity theft involves using the data that was stolen to commit actions in the name of the person whose data was stolen. Unlawful impersonation is the main different between data and identity theft.
The last of the identity theft facts to know is that most people who are targeted by identity thieves are younger people who may not know better about handling money or are more likely to earn money. Only ten percent of all identity theft victims in the past few years have been over the age of sixty according to the FTC.
These are identity theft facts that truly say a lot about identity theft. They are ones that show how anyone can become a victim and that in some cases people can be more likely to be impacted by it.