Identity Theft Complaints Rise 20 Percent
February 27th, 2009 meg
The number of identity theft complaints have risen around 20 percent from 2007, reports the FTC.
Identity theft represents 26 percent of all consumer fraud complaints, followed by third-party and creditor debt collection, catalog sales, and Internet services.
While 20 percent was pure credit card fraud, government documents or benefits fraud accounted for 15 percent, employment fraud for 15 percent, and phone or utilities, 13 percent.
The increase may be due to several factors, including the high number of enterprise breaches last year, as well as fallout from the financial crisis.
