According to Javelin Strategy and Research’s 2017 Identity Fraud Study, identity fraud incidences have increased by 16 percent as fraudsters have added two million more victims within the past year, thus raising the stolen amount from $1 billion to $16 billion despite industry’s efforts to protect consumers from identity fraud.
New Record High for Identity Fraud
![New Record High for Identity Fraud](http://www.securitymagazine.com/ext/resources/SEC/2017/March/SEC0317-news4-feat-slide_900px.jpg?1488220865)