Identity theft is a serious crime that we all need to be aware of. In this article we look at a number of statistics representing this crime in order to give you a better idea of this crime and how important it is to protect yourself against it.
Identity theft was first mentioned in literature in the 1990s, studies showed that between 2001 and 2002 there was an 11-20% increase in this crime, while between 2002 and 2003 this figure had increased to 80%.
The Javelin/Better Business Bureau survey from January 2006 showed that there was a decrease in identity theft between 2003 and 2006 though. In 2003 the adult victims of identity theft living in the United States was 10.1 million in 2003, 9.3 million in 2005 and 8.9 million in 2006.
Identity theft statistics from the Javelin report however do show an increase in the fraud amount. In 2003 the one year fraud amount was $53.2 billion, $54.4 billion in 2005 and $56.6 billion in 2006.
Identity theft statistics show that in Waco, Texas, alone there was a 700% increase in identity theft cases between 2004 and 2005.
The Bureau of Justice Statistics estimated that in a six month period in 2004, a total...