What are the chances?
Violent Crime - 1 in 5,000 Heart Disease - 1 in 2,600 Car Accident - 1 in 130 ID Theft - 1 in 23
Ten million Americans become victims of identity theft every year that's more than 22,000 victims per day or, 15 victims per minute!
One of five U.S. adults claim a business, government agency or other organization notified them that they had lost, had stolen or otherwise improperly disclosed their personal information. That’s 22% of the population – about 49 million adults
Consequences for Victims
Loss of time spent to resolve:
- 31% of new accounts victims spent 40 hours or more
- 10% of consumers with new account fraud spent 100 hours or more
- 5% reported that they spent 1,200 hours
What is a compromised Identity?
Individual is not yet a victim of identity theft
- Contents of wallet or purse are lost or stolen
- Someone broke into their house or car
- Personal information is released due to a company, university, merchants, financial institution, or government breach
- Individual may be at increased risk because their personal information is outside of their control
What is Account Fraud?
Event isolated to a specific account or credit or debit card
- Credit/Debit Card missing
- Unauthorized Credit/Debit transactions on one account
- No other indications of theft events
What is an Identity Theft?
- Received call from collection agency
- Money missing from accounts
- Accounts on my credit report are not mine
- Transactions on multiple credit accounts and the cards are still in my possession
Who benefits from the Recovery Service?
Any consumer who has purchased a USA ID Recovery membership
- Who becomes a victim of any type of identity theft
- Whose personal information is compromised
- Who has been notified of a breach
- Who reports lost or stolen credit card, debit card, check book, etc