"You can’t prevent identity theft! No one can! Stop wasting money on plans guaranteeing to prevent the problem and then protecting themselves with fine print guarantees. It’s all Hype! That’s why I only endorse Zander’s plan. They take over "ALL" the work to restore your identity regardless of the type of ID Theft event that occurs, and their plan even covers stolen funds from your bank accounts …all while saving you money."
- DAVE RAMSEY

Identity Theft Insurance: Identity Theft Statistics

Javelin Strategy & Research

2012 JAVELIN STRATEGY & RESEARCH REPORT SURVEY RESULTS:

11.6 million people became a victim of identity theft in the United States in 2011 which is in increase of 13% over 2010.

KEY SURVEY FINDINGS

  • Identity fraud incidents increased and the amount stolen remained steady.
  • Social behaviors put consumers at risk. Social media and mobile phone behaviors have created a high incidence of fraud. LinkedIn, Google+, Twitter and Facebook users had the highest incidence of fraud due to consumers sharing a significant amount of personal information frequently used to authenticate a consumer’s identity.
  • Smartphone owners experience greater incidence of fraud. 7% of smartphone owners were victims of identity fraud. This is a 1/3rd higher incidence rate compared to the general public.
  • Data Breaches are increasing and are more damaging. There was a 67% increase in the number of Americans impacted by data breaches compared to 2010. Victims of a data breach are 9.5 times more likely to be a victim of identity fraud than consumers who did not receive a data breach letter.

Three most common items exposed during a data breach:

  • Credit card number
  • Debit card number
  • Social Security Number

Federal Trade Commission

FEDERAL TRADE COMMISSION
ID THEFT STATISTICS FOR 2011

Identity Theft Categories:

  • 27% - Government documents benefits fraud
  • 14% - Credit card fraud
  • 13% - Phone or utilities fraud
  • 9% - Bank fraud
  • 8% - Employment fraud
  • 3% - Loan fraud

Click here for the full 2011 FTC Consumer Sentinel Network Fraud Report.