Identity Theft Stats


  • 8.1 million people were victims of identity theft in 2010***
  • The US Federal Trade Commission received 250,854 complaints about identity theft during 2010 - nearly one-fifth of the entire number of complaints received by the agency. For the eleventh year in succession, it was the subject most consumers complained about. **
  • Overall losses from identity fraud in 2010 were over $37 billion***
  • The average consumer out-of-pocket cost due to identity fraud increased to $631 per incident in 2010, up 63 percent from $387 in 2009. ***
  • Incidences of "friendly fraud" (identity theft committed by someone known to the victim) grew 7 percent in 2010. Consumers between the ages of 25-34 most likely to be victims of this type of fraud***
  • The Federal Trade Commission estimated that in 9 percent of all cases of identity theft, a family member or relative was the culprit. That means one out of every 11 cases is an inside-the-family job.**
  • People who have used social networking for five or more years are twice as likely as those newer to these sites to suffer identity fraud.***
  • Young adults, aged 18-24, took the longest to detect identity theft-132 days on average-when compared to other age groups. Subsequently, the average cost ($1,156) was roughly five times more than the amount lost by other age groups. ***

    Sources:

*Identity Theft Resource Center
**Federal Trade Commision
***Javelin Strategy and Research

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