Did you know one in 25 Americans were victims of identity theft in 2011?
While identity theft might not sound like a particularly gruesome crime physically, it can take its toll financially. The average cost incurred by victims of this crime is over $600. Collectively, that equals to 1.52 billion dollars of money lost to identity theft in the US in 2011 alone -- these are no small potatoes.
What's more staggering is the relative numbers of this crime. In 2011, 67% more people had their identities stolen than the previous year. And if you've had your identity stolen once, it's 9.5 times more likely to happen again. How does this happen? A lot of the identity theft is carried out via malware and malicious web domains.
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