Over 10 million Americans have been impacted by Identity Theft
A new report issued by Javelin Research shows that identity theft is on the increase. Nearly 1 in 20 Americans have experienced direct loss of nearly $5,000 dollars on average. Of these, 11% have been attributed to online fraud.
Based on recent massive data breaches, ThreatMetrix believes that identity theft losses through online channels will increase in 2009, although losses are likely to be smaller on average and distributed across a greater number of people.
