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Identity Theft on the Rise!

The Javelin Strategy & Research Center has been studying identity theft closely since 2004. Each year, they release their findings. Their 2009 study reveals that:

  • Identity theft is on the rise, affecting almost 10 million victims in 2008 (22% increase from 2007)
  • Physical documents accounted for 43% of all identity theft, while online methods accounted for about 11%.
  • Last year, more than 35 million records were stolen in corporate and government data breaches, according to the Identity Theft Resource Center Aftermath Study.
  • The Aberdeen Group reports that businesses lose $221 billion every year from identity theft.

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