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Released: February 22, 2012
Survey: ID theft on the rise again, card victims jump by 2 million annually
Source: Bob Sullivan, MSNBC.com (Free Registration)
Identity thieves have regained the upper hand, suggests a new survey released Wednesday by fraud research firm Javelin Strategy & Research. The firm’s annual survey of 5,000 consumers suggests a rise in the rate of ID theft during 2011, reversing a drop in identity-related that was found in last year’s survey. The main cause of the new increase: A return to old-fashioned credit card fraud.
“There’s been a rebound. … ID thieves have bounced back,” said Javelin President James Van Dyke, explaining that meant about 7.7 million Americans were hit with credit and debit card fraud in 2011, or about 2.2 million more than in the previous year.
Read Full Article: Survey: ID theft on the rise again, card victims jump by 2 million annually
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