Identity Fraud: 12.6 Million Victims Last Year

One in twenty Americans were victims of identity fraud in 2012.

According to a report released by Javelin Strategy & Research, 12.6 million people in the United States or 5 percent of consumers were victims of ID theft.

This was an increase of nearly one million people versus 2011 figures.

The cost of identity fraud also jumped significantly in 2012, totaling $21 billion, a $3 billion rise from a year ago.

The study showed that one in four consumers who receive a notice of a data breach later became an actual victim of identity fraud.

Social Security numbers, credit cards and online banking information were the most common items used by criminals in identity fraud.

Story by Bill Hardekopf for

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