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Sunday, November 24, 2024

Identity theft affected 40 million U.S. adults in 2022

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State Representative Michael Coffey (IL) | Representative Michael J. Coffey, Jr. (R) 95th District

State Representative Michael Coffey (IL) | Representative Michael J. Coffey, Jr. (R) 95th District

Identity theft, the unauthorized use of personal information, can have severe consequences for individuals and their families. Information such as birthdates, Social Security numbers, and account numbers are often exploited to commit fraud or theft. Identity thieves may establish credit card, bank, or other accounts in a victim's name and use them without their knowledge.

To mitigate the risk of identity theft, it is crucial to safeguard personal information. In today's digital age, where data reliance is high, hackers employ various tactics to obtain personally identifiable information (PII).

According to a release by Javelin Strategy & Research Identity Fraud Study: "Identity Theft Affected 40 Million U.S. Adults in 2022 Totaling $43 Billion in Losses."

If you suspect you are a victim of identity theft, immediate action is essential.

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