Identity Theft Dropped 28% in 2010, Report Finds
The number of identity theft victims dropped 28 percent in 2010 according to a new survey released today (Feb. 8) by the research group Javelin Strategy & Research.
According to the company's 2011 Identity Fraud Survey Report, 8.1 million consumers fell victim to identity theft in 2010, compared to 11 million in 2009.
Only 3.5 percent of U.S. adults were victims of identity fraud in 2010, down from 4.8 percent the previous year. Total annual reported fraud also fell $19 billion in 2010 to $37 billion, the lowest amount in the survey's eight years.
The survey was conducted via telephone, interviewing 5,004 subjects between September and November 2010.
Identity fraud underwent a marked decline and shift over the past year. This great news is a testament to the significant efforts businesses, the financial serves industry and government agencies are making to educate consumers, protect data, and prevent and resolve ((CONLINK|6505|identity theft,â?