Think you know all the ins and outs of identity theft? Test your knowledge by taking this short quiz*.
*Source for all statistics: Javelin Strategy and Research, 2010 Identity Fraud Survey Report.
What is the most common way for an identity thief to take over your bank account?
Correct! While identity thieves rely on all of these methods, adding their name to your account is the most common way to take control of it.
Which is the most common way people fall victim to identity theft?
Which of the following methods of identity theft often results in the largest financial loss for the victim?
Correct! Viruses, spyware, hacking and phishing schemes often result in the highest financial loss to the victim.
What is the average length of time a person spends trying to resolve a case of identity fraud?
Correct! An identity theft victim spends an average of 21 hours resolving their case. Of course, more damaging and complicated cases can take hundreds of hours to resolve.
True or False. A thief can pose as a bank, employer or landlord to obtain your vital stats directly from a credit bureau.
Correct! A skilled thief can con a credit bureau into turning your personal information over to them.
Which of the three main types of identity fraud is the most prevalent?
Correct! Existing Card Account Fraud constitutes more than half of all identity fraud incidents. However, the monetary loss for each incident of Existing Card Account Fraud is typically only half that of the other two main types of fraud.
What is the average length of time it takes a consumer to self-detect that they are a victim of identity theft.
Correct! The average time it takes for consumers to detect that their identity has been compromised is 51 days. However, a thief misuses your information an average of 71 days before moving on.
Time is money. The average time it takes for consumers to detect that their identity has been compromised is 51 days. However, a thief misuses your information an average of 71 days before moving on.
As you can see, identity theft is a serious crime affecting millions of Americans each year. FreeScoresAndMore provides the preventative tools and protections you need to help protect yourself from becoming a victim. That way, you can stay safe, secure and always be in control of your identity.