February 3rd, 2006
Average identity fraud cost $6,383 in 2005
Identity theft cost US consumers 4% more in 2005 than the $54.4 bln it cost in 2004. The average fraud rose to $6,383 from $5,885. The number of adult Americans who learned that criminals had stolen personal data and used it to commit fraud fell to 8.9 mln, or 4%, from 9.3 mln in 2004 and 10.1 mln in 2003.
Alex is a software engineer in the San Francisco Bay Area. ITFacts is created and updated by a group of statistics-obsessed individuals.
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