ID Theft on the Rise - Quiz

Posted Mar 13, 2007 by vmunster

You may think that becoming an identity theif is hard work. But it's really quite easy. In fact, anybody could do it; your neighbors, your co-workers, even people you might call close friends...scary thought.
Unfortunately, number of identity thefts is only increasing. In fact, the increase of identity thefts from 2005 and 2006 was:
a) 25% more
b) 50% more
c) 75% more
d) 100% more
The correct answer is (d). That means that the number of identity thefts has more than doubled since 2005!
So exactly how many victims do you think there were in a given 12 month period?
a) 100,000
b) 5 million
c) 15 million
d) 30 million
The correct answer is (c). In the US alone there were 15 million people victimized through causes of identity theft.
What do you think the average amount lost was from each of these 15 million people?
a) $10,552.00
b) $3257.00
c) $6895.00
d) $896.00
The correct answer is (b). This is incredible considering that in 2005, the average loss per individual was $1408.00. That means that citizens are losing on average a combined 49 billion dollars from identity theft each year!
And how much of this 49 billion do you think was recovered?
a) 23%
b) 83%
c) 61%
d) 47%
The correct answer is (c). You may think, "Oh my bank will notice the funds went missing and cover it." But surprisingly enough, that is not the case. Banks will not always cover the costs and often times, the money already stolen will not be recovered.
So please be wise about your ways. Many people never realize how their accounts or identities were stolen so educate yourself and don't become a victim.