X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON – A recent survey released by the Justice Department’s Bureau of Justice Statistics finds that 3.6 million U.S. households learned they had been the victims of at least one type of identity theft. This marks the first time the BJS National Crime Victimization Survey has included questions about identity theft. Of those surveyed over a six-month period, 48% had experienced an unauthorized use of credit cards; 25% had other accounts, such as banking accounts, used without permission; 15% experienced the misuse of personal information and 12% experienced multiple types of theft at the same time. Households that made the most likely targets included those with an annual income of $75,000 or more, those headed by persons age 18-24, or those in an urban or suburban area. In addition, the estimated loss reported by the victims totaled $3.2 billion with an average loss of $1,290. Some 30% of households hit by identity theft discovered it by noticing that money was missing or that unfamiliar charges were listed on an account.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.