According to the Federal Trade Commission's (FTC) “Consumer Sentinel Network Data Book,” identity theft was the most common category of consumer complaints in both 2021 and 2022.
In identity theft, a criminal has gained enough personal identifying information on the victim to take over their identity. With a full name, address, and Social Security number, the scammer can apply for loans and credit cards in the victim’s name.
Security experts say consumers are especially vulnerable during the holiday season when they spend more time online and may be distracted by the season’s frantic pace. Fortunately, there are five easy ways to avoid becoming a victim.