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Consumers lost $56 billion to identity fraud last year—here’s what to look out for

Identity fraud cost Americans a total of about $56 billion last year, with about 49 million consumers falling victim.  That’s according to the 2021 Identity Fraud Study by Javelin Strategy & Research released Tuesday. About $13 billion in losses were due to what Javelin calls “traditional identity fraud,” where cybercriminals steal personally identifiable information and use it …

Consumers lost $56 billion to identity fraud last year—here’s what to look out for Read More »