Top Concern: Identity Theft

by Erin on February 19th, 2008 in Industry and Security News.

Identity theft is a big business. This was confirmed by the U.S. Federal Trade Commissions annual report, Consumer Fraud and Identity Theft Complaint Data, which shows fraud complaints that consumers have filed with the agency over the past year. Again this year, identity theft tops the list of all fraud complaints. In fact, the FTC received 258,427 complaints related to identity theft - 32 percent of the total complaints! Consumers reported fraud losses totally over $1.2 billion.

But those working to educate consumers in order to fight this type of fraud aren't letting up. This week, the FTC teams up with the U.S. Postal Service with a common goal in mind: to provide tips and tools to help Americans protect their identities. Beginning today, every household in America is set to receive a letter with advice on how to protect against identity theft, one of the nations fastest growing crimes.

For more tips on how to protect your identity online, take a look at the security tips on OnGuard Online

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