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Of the 5.4 million reports filed to the FTC's consumer network, the top complaint was identity theft, which had more than 1 million reported cases. "Identity theft is a pervasive issue in the ...
The Identity Theft Resource Center said there were 662 data breaches in the United States in 2010, almost a 33% increase from the previous year. [19] Between January, 2015 and September, 2017, the Identity Theft Resource Center estimates that there were 7,920 breaches affecting more than one billion records that could lead to identity theft. [18]
Identity Crisis. Identity theft has become common in the United States. The Federal Trade Commission got 1.4 million reports of it last year as the pandemic worsened the trend.Incidents in 2019 ...
Total fraud and identity theft cases have nearly tripled over the last decade. As a result, an estimated $10.2 billion in total fraud losses with a median loss of about $500 for fraud victims.
A variation of identity theft that has recently become more common is synthetic identity theft, in which identities are completely or partially fabricated. [15] The most common technique involves combining a real social security number with a name and birthdate other than the ones that are simply associated with the number.
18 U.S.C. § 1028A, the federal aggravated identity theft statute, states: Whoever, during and in relation to any felony violation enumerated [elsewhere in the statute], knowingly transfers, possesses, or uses, without lawful authority, a means of identification of another person, shall, in addition to the punishment provided for such felony, be sentenced to a term of imprisonment of 2 years.
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