Millions of people are affected each year by identity theft. It’s big business for identity thieves and it’s getting worse. The Federal Trade Commission received nearly three million identity theft reports in 2021. The cost was nearly $6 billion to consumers.
The most common types of identity theft were credit card fraud, government documents or benefits fraud, and loan or lease fraud. It can happen to anyone, anywhere.
“As we evolve in technology, it has become more and more of an issue,” said Regine Bonneau, a cyber security consultant and CEO of RB Advisory.