Identity Theft Facts - Are You A Victim?

Identity Theft Facts - Did you Know?

• The FTC estimates nearly 9 million victims of fraud each year
• Identity Theft is the fastest white collar crime in America.
• The average time to resolve for individuals on their own is 55-130 hours and between $1,200-$5,000 to resolve.
• The FTC Annual Sentinel Study says that only 16.5% of identity theft is detectable on a credit report.

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According to Kroll's 2012 Security Forecast, the Top 10 Security Threats:

• Mobile technology security threats will be at an all-time high.
• Social media will increase in popularity as a conduit for social engineering attacks.
• Small and medium-sized businesses (SMBs) will enter the crosshairs of cyber attacks.
• As cloud services gain in popularity, related breach incidents will flourish.
• Business & government cooperation  will be mission-critical for economic and infrastructure health.
• Privacy concerns will keep geolocation technology in a white-hot spotlight.
• Management and analysis of logs will gain more respect for its role in incident preparedness and response.
• Incident response teams will get a permanent seat at the table when it comes to standard business operations.
• Companies will overlook key vulnerabilities, as regulatory compliance continues to drive organizational security.
• Breach notification laws will gain traction outside of the United States.

LegalShield provides personal protection from identity theft with the Identity Theft Shield from Kroll Background America.