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New Data Reflects Approximate Ratio of Identity Theft Victims to American Population

BestIDTheftCompanys.com finds which types of identity theft is most common among people

 
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San Francisco, CA -- (SBWIRE) -- 04/14/2014 -- BestIDTheftCompanys.com (BIDTC) finds approximate ratios of identity theft victims to non-victims within different types of identity fraud. From a pool of more than 1,000 random respondents, about 30 percent of Americans have been a victim of at least one type of identity theft.

Data shows that the other 70 percent of people have not experienced any form of identity fraud. Breakdown of results are as follows to the question, “What personal/financial information have you had compromised or stolen?”

-My credit card – 17.2%
-My taxes – 2.6%
-My child’s Social Security number – 1.8%
-Medical or insurance information – 1.7%
-Other – 6.9%
-None of the above – 69.8%

Most people experience compromised credit or debit cards because essentially, most thieves and hackers aim for money in the end. Luckily, many financial institutions already have policies in place to refund lost money due to fraud.

“We recommend that people place only an essential amount of money in their checking accounts and put the rest in a savings account,” said website manager Amber Newby. “The reason for this is that some banks and credit unions will not refund stolen money from a debit card, and will only do so for stolen money on credit cards.”

The ratio from the survey data can be applied to the current American population. This means that more than 95 million people in the States will fall as a victim to identity theft, and that 30 percent all of a sudden seems a lot bigger.

“These numbers similarly reflect real life, even though the majority of the people don’t experience identity theft at all, there is that other 30 percent that unfortunately do experience the seriousness of it,” Newby said.

The “Other” category fits all other types of identity fraud such as criminal identity theft, voter fraud, stolen email or social media login and passwords, employment theft, family fraud, and more.

Demographic analysis breakdown shows a few main points:

-People between the ages of 18 and 24 years old experienced more identity theft with their child’s Social Security Number
-Those who have experienced more tax fraud are those who are also between the ages of 18 and 24, as well as people who make more than $100,000 a year.

To find more survey data and information on identity theft, visit BestIDTheftCompanys.co m.

Media Contact
Amber Newby
investigate@bestidtheftcompanys.com