Many consumers fear becoming victims of identity theft, and rightly so.
During the past two years, 47% of U.S. consumers have been victims of their identities being used to open some type of new account or file for benefits without their consent, or had an existing account taken over by a fraudster, with an estimated 42% increase in identity-related losses.
This data comes from one of the most comprehensive reports on identity crime to-date, U.S. Identity Theft: The Stark Reality. The report, developed by Aite Group and underwritten by GIACT, uncovers identity theft’s pervasiveness perpetrated against U.S. consumers.
Join Aite Group’s senior analyst, Shirley Inscoe, Head of GIACT, Melissa Solis, and EVP of Sales and Client Relations, Brett Petersen, as they discuss the latest findings and share additional ID theft insights and data not covered in the report. Register below to watch the on-demand U.S. Identity Theft webinar.
What You’ll Learn
- The importance of firms detecting and preventing identity crimes;
- The impact of identity theft on consumer confidence in a financial institution;
- The high percentages of identity theft crimes committed by family members and friends; and
- How identity theft-related fraud can cost firms both current and future customers.