Identity theft is a serious problem for thousands of Americans, and result in billions of losses for these people. Criminals that discover “cyber crime” have become very savvy in finding personal information about you via various methods to fill their bank account with your money. The losses are staggering, and unfortunately, many criminals set up shop overseas, which leaves law enforcement with few options in pursuing these criminals and retrieving your money. Often times victims are left with less money and a damaged credit rating, which can have repercussions for years to come.
Any guesses on the age group that is most likely to become a victim of identity theft? Yes, as reported by the Pew Research website, 18-24 year olds are most likely to become victims of identity theft. There are some theories about how and why this group is most likely, but I think most of them center around the idea that this age group is very connected via web 2.0, and are less educated on the dangers of posting sensitive information online. I have posted another link which has information about how to protect your online privacy here.
The article on the Pew website talks a little bit more about this important topic.
How can YOU safeguard against becoming the next victim? I’d like to hear from you if you have some great ideas I can share with everyone!