It's a sneaky game. While identity thieves rely on all of these methods, adding their name to your account is the most common way to take control of it.
Close, but loss or theft of wallets, checkbooks and personal documents are the most common means, although this still only accounts for 18% of all identity theft occurrences.
Your answer does not compute. While all forms of identity fraud have the potential to be very damaging financially, the biggest losses are often the result of computer schemes such as phishing and spyware.
Question 6 of 10
What is the average length of time a person spends trying to resolve a case of identity fraud?
Correct! An identity theft victim spends an average of 21 hours resolving their case. Of course, more damaging and complicated cases can take hundreds of hours to resolve.
Not this time. An identity theft victim spends an average of 21 hours resolving their case. Of course, more damaging and complicated cases can take hundreds of hours to resolve.
Question 9 of 10
Which of the three main types of identity fraud is the most prevalent?
Correct! Existing Card Account Fraud constitutes more than half of all identity fraud incidents. However, the monetary loss for each incident of Existing Card Account Fraud is typically only half that of the other two main types of fraud.
Actually, Existing Card Account Fraud constitutes more than half of all identity fraud incidents. However, the monetary loss for each incident of Existing Card Account Fraud is typically only half that of the other two main types of fraud.
Question 10 of 10
What is the average length of time it takes a consumer to self-detect that they are a victim of identity theft.
Correct! The average time it takes for consumers to detect that their identity has been compromised is 51 days. However, a thief misuses your information an average of 71 days before moving on.
Time is money. The average time it takes for consumers to detect that their identity has been compromised is 51 days. However, a thief misuses your information an average of 71 days before moving on.
You Made It!
As you can see, identity theft is a serious crime affecting millions of Americans each year. PrivacyGuard provides the preventative tools and protections you need to help protect yourself from becoming a victim. That way, you can stay safe, secure and always be in control of your identity.