Collaborate Disseminate
A Javelin study reveals that traditional identity fraud losses totaled $52 billion and affected 42 million U.S. adults. Among the trends observed were huge increases to account takeover fraud and new account fraud in which fraud operators deployed mult… Continue reading Identity fraud losses totaled $52 billion in 2021
A study shows that traditional identity fraud losses, caused by criminals illegally using victims’ information to steal money, exploded in 2021 to $24 billion — an alarming 79% increase over 2020. Further, the number of adults in the United States impa… Continue reading Traditional identity fraud losses soar, totalling $52 billion in 2021
Sontiq announced the addition of Walter Hoffman as Vice President of Public Sector Sales. An experienced public sector sales executive, Hoffman will help expand Sontiq’s work with government, education and other public sector entities around personal i… Continue reading Walter Hoffman joins Sontiq as Vice President of Public Sector Sales
While total combined fraud losses climbed to $56 billion in 2020, identity fraud scams accounted for $43 billion of that cost. Traditional identity fraud losses totaled $13 billion, Javelin Strategy & Research reveals. With traditional fraud, cons… Continue reading Total combined fraud losses climbed to $56 billion in 2020
The number of identity fraud victims increased by eight percent (rising to 16.7 million U.S. consumers) in the last year, a record high since Javelin Strategy & Research began tracking identity fraud in 2003. The 2018 Identity Fraud Study found th… Continue reading Identity fraud enters a new era of complexity