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Identity Fraud Reached All Time High in 2017
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Identity Fraud Reached All Time High in 2017

Identity Fraud Reached All Time High in 2017

Fintech Nexus Staff·
FintechNews RoundupUSA
·Feb. 7, 2018·1 min read

According to a 2018 identity fraud study, victims increased 8% to 16.7 million US consumers in 2017; this is a record since Javelin Strategy & Research began tracking data in 2003; as chips in cards have become more prevalent, fraud has continued to move online; the research highlighted the increase in intermediary accounts being created by fraudsters which could include PayPal and Amazon accounts; article shares further data on trends in identity fraud. Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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