How Many Americans Are Victims Of Identity Theft Each Year? Plus Over 50 Identity Theft Statistics For 2022!

Written By Licensed Agent Sa ElMarch 22, 2022

Imagine if your personal information was stolen and used without your consent or knowledge. Unfortunately, this is a reality for roughly 9 million Americans each year. We'll look at the statistics behind the 4.7 million identity theft and fraud victims in the United States in this blog post, as well as what you can do to avoid becoming a victim.

Top Identity Theft Statistics:

  • Every year, some 9 million Americans are victims of Identity theft and fraud.
  • In 2020, there were 4.7 million identity theft and credit card incidents in America
  • 2.2 million Americans filed fraud reports in 2020 of which 34% lost money.
  • 1.4 million people in the United States had their identities stolen In 2020.
  • In 2021, consumers lost more than $56 billion to identity theft and fraud.
  • Worldwide, identity theft losses totaled around $721.3 billion in 2021.
  • The worldwide cost of repairing identity theft and fraud is $1.7 billion.
  • Millennials are responsible for 44% of all identity-related fraud reports in the United States.
  • Around 1.3 million children have their identities stolen from fraudsters.
  • With 1.4 million instances, account takeovers are one of the most popular forms of identity theft.

Identity Theft Statistics In America

How Many Americans Are Victims Of Identity Theft Each Year?


Every year, some 9 million Americans become victims of identity theft or fraud, despite the fact that only an average of 1.8 million incidents of fraud and id theft were reported each year during the years 2000 to 2020. That implies that millions of instances of id theft and fraud go undetected every year.

How Many Americans Had Their Identities Stolen In 2020


In 2020, there were 4.7 million identity theft and credit card incidents in the United States, resulting in a $4.5 billion total loss. The numbers breakdown to Americans reporting about 1.4 million identity theft reports, 2.2 million fraud reports, and 1.2 million other reports.

Key Statistics:


  • In the first 6 months of 2020, the ITRC traced around 540 breaches that affected almost 164 million people.
  • In the first half of 2020, external threats accumulated to 404 – slightly lower than in 2019’s, recording 588 cases.

Fraud And Identity Theft Reports By Year:


Year

Number Of Reports

2020

4,720,743

2019

3,244,844

2018

3,115,556

2017

2,918,18

2016

3,060,824

2015

3,080,378

2014

2,620,931

2013

2,134,565

2012

2,115,079

2011

1,898,543

2010

1,470,306

2009

1,428,97

2008

1,261,124

2007

1,070,447

2006

906,129

2005

909,314

2004

860,383

2003

713,657

2002

551,622

2001

325,519

Most Common Identity Theft & Fraud Complaints

What Is The Most Prevalent Form Of Identity Theft Today?


Account takeovers are one of the most prevalent forms of identity theft, with 1.4 million occurrences each year. An account takeover is when Identity thieves seize control of a person's identity and assume the persona of the individual without their permission. This is frequently linked to internet crimes, hacking, email spoofing, and mobile phone porting.

The most common complaints are organized by type below:

Identity theft-based tax fraud and employment

Employment Fraud - This is the most frequent ID fraud complaint in this category. This technique is used by criminals to gain unauthorized access to your Social Security number and other forms of data in order to work for a specific company. Because its major goal is employment rather than money theft, it's considerably less dangerous than other forms of identity fraud.

Tax Fraud - According to the FTC, 36% of identity theft and fraud complaints are unique to the Tax fraud category and are also more dangerous since crooks may utilize other people's personal information to submit tax forms in order to gain an advantage.

Credit Card Fraud - Credit card fraud is the second most frequent type of identity theft and fraud in the United States, with roughly 33% of all such complaints. In the instance of credit card fraud, criminals may use other people's personal information to get a card that doesn't belong to them or establish a new one entirely.

Utilities And Phone Line Fraud - Another frequently mentioned ID theft problem is utilizing someone else's personal information to open utility and telecom accounts. Up to 13% of ID fraud incidents are related to this kind of complaint. By doing so, the scammer obtains free public utilities and memberships since the fraudulent invoices will be sent to the owner of the personal data used illegally.

Bank Fraud - Some 12% of identity theft complaints involve bank fraud. Bank fraud is also a widespread problem. In this case, the offender uses another person's personal information to create new bank accounts and credit lines, as well as to take control of a person's account entirely.

Leasing And Lending Frauds - Leasing and lending fraud is another fairly common identity theft-related complaint with 7% of ID theft complaints being linked to this category. The criminal benefit is that they won't have to repay the debt or interest on it. Instead, the victim will be contacted for debt repayment.

Obtaining Government Benefits Through Identity Theft - Many criminals employ identity theft to obtain a variety of government benefits. The content of these perks is determined by what the criminal is searching for. Roughly 7% of complaints are about this method, which is considerably less frequent than employment and tax fraud.

Annual Cost Of Identity Theft And Fraud

How Much Money Do American Consumers Lose To Identity Theft & Fraud?


In 2021, Americans lost more than $56 billion to identity theft and fraud.

What Is The Worldwide Total Loss For Identity Theft?


Identity theft has resulted in a worldwide loss of approximately $721.3 billion in 2021.

What Is The Global Cost To Repair Identity Theft And Fraud?


The worldwide cost of dealing with identity theft and fraud is $1.7 billion.

ID Theft and Fraud By State (2022)

Fraud And Other Reports By State


Last year, California residents submitted more fraud reports than any other state with a total of 300,781 reports filed. Followed by Texas (253,320), Florida (227,391), New York (182,177), and Pennsylvania (125,518). The state with the lowest number of fraud reports last year was Wyoming with only 3,288 reports, followed by North Dakota (3,744), South Dakota (3,829), Vermont (4,349), and Montana (6,706).

State

Number Of Reports

Alabama

48,557

Alaska

7,002

Arizona

61,532

Arkansas

18,706

California

300,781

Colorado

55,173

Connecticut

25,587

DC

9,428

Delaware

11,279

Florida

227,391

Georgia

112,429

Hawaii

9,670

Idaho

11,438

Illinois

114,917

Indiana

45,860

Iowa

16,018

Kansas

20,323

Kentucky

31,230

Louisiana

43,474

Maine

9,192

Maryland

70,763

Massachusetts

54,271

Michigan

68,090

Minnesota

36,722

Mississippi

20,999

Missouri

46,092

Montana

6,706

Nebraska

10,495

Nevada

34,840

New Hampshire

9,930

New Jersey

79,043

New Mexico

15,289

New York

182,177

North Carolina

82,455

North Dakota

3,744

Ohio

97,769

Oklahoma

24,575

Oregon

32,778

Pennsylvania

125,518

Rhode Island

19,831

South Carolina

42,820

South Dakota

3,829

Tennessee

62,428

Texas

253,320

Utah

20,840

Vermont

4,349

Virginia

72,678

Washington

60,031

West Virginia

11,356

Wisconsin

36,653

Wyoming

3,288

Identity Theft Reports By State


Last year, Texas residents submitted more identity theft reports than any other state with a total of 106,632 reports filed. Followed by California (101,198), Illinois (100,538), Florida (82,907), and New York (75,323). The state with the lowest number of identity theft reports last year was Wyoming with only 455 reports, followed by South Dakota (494), Vermont (523), Alaska (641), and North Dakota (753).

State

Number Of Reports

Alabama

14,095

Alaska

641

Arizona

22,535

Arkansas

4,968

California

101,198

Colorado

25,556

Connecticut

4,710

DC

2,171

Delaware

3,222

Florida

82,907

Georgia

50,441

Hawaii

2,231

Idaho

2,021

Illinois

100,538

Indiana

8,702

Iowa

2,521

Kansas

37,836

Kentucky

5,519

Louisiana

25,494

Maine

1,522

Maryland

19,763

Massachusetts

11,939

Michigan

15,427

Minnesota

6,607

Mississippi

7,711

Missouri

10,165

Montana

823

Nebraska

1,612

Nevada

13,190

New Hampshire

1,635

New Jersey

21,036

New Mexico

2,831

New York

75,323

North Carolina

22,392

North Dakota

753

Ohio

33,925

Oklahoma

5,152

Oregon

5,573

Pennsylvania

35,450

Rhode Island

18,620

South Carolina

13,689

South Dakota

494

Tennessee

15,625

Texas

106,632

Utah

4,464

Vermont

523

Virginia

13,558

Washington

9,666

West Virginia

2,026

Wisconsin

8,289

Wyoming

455

Identity Theft Statistics By Age & Lifestyle:

Which Age Group Is Responsible For The Most Identity-Related Fraud Reports?


Millennials are responsible for 44% of all identity-related fraud reports in the United States.

How Many Children Had Their Identities Stolen From Fraudsters?


Around 1.3 million children have their identities stolen from fraudsters.

Identity Theft Reports By Age:


Consumer Age

Number Of Reports

80 and Over

8,162.00

70 - 79

38,427.00

60 - 69

99,805.00

50 - 59

174,019.00

40 - 49

217,703.00

30 - 39

245,258.00

20 - 29

151,132.00

19 and Under

19,462.00

Types Of Identity Theft By Age:


Theft Type

80 and Over

70 - 79

60 - 69

50 - 59

40 - 49

30 - 39

20 - 29

19 and Under

Phone or Utilities Fraud

348

1364

3788

7749

13431

21138

15701

563

Other Identity Theft

1271

5561

15779

34477

58415

80602

47676

2198

Loan or Lease Fraud

394

1953

7080

17104

32697

51533

32074

840

Government Documents or Benefits Fraud

2870

18617

47586

75292

63721

30619

14747

2178

Employment or Tax-Related Fraud

1328

3455

7779

12349

15745

21833

19174

12719

Credit Card Fraud

1352

5043

14791

32033

55843

81355

49258

1330

Bank Fraud

1504

5668

13159

17712

18746

19310

11642

1296

Key Statistics:


  • People with social media accounts are 46% more likely to be a victim of identity fraud than someone without it.
  • Victims of Identity theft are 43% more likely to reside in an affluent suburb.
  • According to the FTC, 1 in 4 victims of ID theft is 60 years old or older.
  • This indicates that 24.1% of individuals who are 60 years or older, living in the United States are targeted in online attacks.
  • Over half of the victims were under the age of 50.
  • Identity theft victims are 73% more likely to have an advanced degree.

Conclusion

Taking Action


Identity Theft and Fraud is a massive problem in the United States, and it’s only getting worse.

Make sure you have some form of identity theft protection and be vigilant about protecting your personal information.

By taking these precautions, you can reduce your risk of becoming one of the millions of Americans who have their identities stolen each year.

Sources:


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