If there’s a particularly clear picture that’s developed over the past couple of years, it’s that our privacy and our personal identities are worth looking out for. We have your back. And here’s why.
In the U.S., reported cases of identity theft continue to rise. Comparing the first three quarters of 2020 to the first three quarters of 2021, we can see that the number of identity theft cases reported to the U.S. Federal Trade Commission (FTC)are up. Moreover, fraud connected with government documents and benefits has jumped by nearly 100,000 reported cases. Likewise, bank fraud saw a jump as well with a solid 30% increase.
Figure-1-2021-FTC-Fraud-Reports-Q1-Q3
Figure 2- 2020 Fraud Reports, Q1-Q3
Likewise, compare 2021 to the same period in 2019 and the contrast is yet more striking: well over double the number of reports of identity theft. Also note the massive bump in fraud across the board as well—notably in government documents and benefits, which went from nearly 18,000 reported cases to more than a quarter-million cases.
Figure 3- 2019 Fraud Reports, Q1-Q3
And that’s just what’s been reported in the U.S. Far more crime goes unreported, and it is estimated that the cost of identity theft and fraud goes well into the billions of dollars.
Yet behind each stat is a person, a family, and a household that dealt with anything from a financial headache to a major life event no thanks to identity theft and fraud. Accordingly, we’re seeing to it that each and every person has the tools to prevent this from happening to them.
Here’s a little bit about our approach. We ..
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