Identity Theft has been a problem for a long time. Everyone has heard horror stories about identity theft. You may know someone who has suffered from identity theft or worse you have suffered identity theft. But did you know that the problem has been made worse because of the pandemic?
The FBI reported 40,000 cases of identity theft in all of 2020. If that wasn’t bad enough, in 2021 they have already logged over 30,000 cases just in the first four months. That is increase is very alarming. According to the Federal Trade Commission, they reported 444,344 identity thefts in 2018, 650,523 identity thefts in 2019, and finally 1,387,615 identity thefts in 2020. The statistic shows a steep increase in 2020 over 2019. Early data from the FBI shows that the increase in 2021 over 2020 is even steeper but those numbers are not yet in.(more…)