According to Javelin Strategy and Research, identity theft has risen for four consecutive years. Approximately 16.7 million people were victims of identity theft in 2017, accounting for $16.8 billion in losses. Given constant news stories about security breaches, there’s no indication that 2018 will break that trend.
A 2018 Harris poll found that almost sixty million Americans have been victims of identity theft at some point in their lives.
So why are we less concerned about identity theft than we have been in the past?
According to the 2017 survey from the Commerce Department’s National Telecommunications and Information Administration (NTIA), 57% of households with online activities were concerned about identity theft, compared to 63% in the 2015 survey.
Other privacy and security concerns either stayed the same or slightly decreased from the 2015 survey – including credit card/bank fraud, online data collection, and loss of control over pe…