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How Common Is Identity Theft? (Updated 2018) The Latest Stats

Number of Identity Theft Victims And Amount Stolen
Year Individuals Impacted (in millions) Amount Stolen (in billions)
Source: Javelin Strategy & Research
2017 16.7 $16.8
2016 15.4 $16.2
2015 13.1 $15.5
2014 12.7 $16.4
2013 13.1 $19.3
2012 12.6 $22.1

Most common types of identity theft

What are the most common types of identity theft? According to the Federal Trade Commission, the government agency that maintains a sort of warehouse for identity theft complaints, the crime falls into six major categories:

  1. Employment- or tax-related fraud (34%)
     What it is: A criminal uses someone else’s Social Security number and other personal information to gain employment or to file an income tax return.
  2. Credit card fraud (33%)
     What it is: The thief uses someone else’s credit card or credit card number to make fraudulent purchases.
  3. Phone or utilities fraud (13%)
     What it is: The criminal uses another person’s personal information to open a wireless phone or utility account.
  4. Bank fraud (12%)
     What it is: The fraudster uses someone else’s personal information to take over an existing financial account or to open a new account in someone else’s name.
  5. Loan or lease fraud (7%)
     What it is: A borrower or a lessee uses someone else’s information to obtain the loan or lease.
  6. Government documents or benefits fraud (7%)
     What it is: The criminal uses stolen personal information to obtain government benefits.

DMU Timestamp: November 09, 2018 23:10





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