Identity Fraud Numbers Rose 16 Percent In 2016
PYMNTS
FEBRUARY 2, 2017
The number of identity fraud victims rose 16 percent in 2016, marking the highest level since Javelin Strategy & Research began tracking the trend in 2003. According to the research, during 2016 there was a resurgence in existing card fraud, which saw an increase of 40 percent in card-not-present fraud.
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