Presents data on the prevalence and nature of identity theft against persons age 16 or older in 2016, including how victims discovered the crime; financial losses and other consequences; reporting the incident to credit card companies, credit bureaus, and police; the level of distress experienced by victims; lifetime prevalence rates of identity theft; and preventive action taken to reduce the risk of identity theft.
- In 2016, 10% of persons age 16 or older had been victims of identity theft during the prior 12 months.
- For 85% of identity-theft victims, the most recent incident involved the misuse or attempted misuse of only one type of existing account, such as a credit card or bank account.
- One percent of persons age 16 or older had experienced the opening of a new account or misuse of personal information apart from misuse of an existing credit card or bank account or other existing account.
- An estimated 12% of identity-theft victims had out-of-pocket losses of $1 or more; 88% either had no out-of-pocket losses or had losses of less than $1.
- More than half (55%) of identity-theft victims who resolved associated financial or credit problems did so in one day or less.
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