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12/21/2021

Identity Theft Is Out And Identity Fraud Is In; The Identity Theft Resource Center’s 2022 Predictions Indicate Major Shifts

AIthority

The Identity Theft Resource Center’s 2022 predictions show a shift from identity theft to identity fraud as cybercriminals continue to refine who they target, what information they steal and what they do with it

The Identity Theft Resource Center (ITRC), a nationally recognized nonprofit organization established to support victims of identity crimes and compromises, has released its 2022 predictions.

“While we can never predict what will happen in the future, some of the data we see gives us a good glimpse into what’s ahead,” said Eva Velasquez, President and CEO of the Identity Theft Resource Center. “In 2021, we saw threat actors become more targeted and strategic. We saw them strike with social engineering scams like Google Voice and Instagram account takeovers, using psychological tactics instead of technical expertise to manipulate people’s behavior. We also tracked a record number of data breaches and a steady flow of new victims of unemployment benefits identity fraud long after the enhanced benefits ended.”

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