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Old Apr 3, 2006, 03:56 PM   #1
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How Common Is Identity Theft?

Wondering how likely you are to have your credit card number stolen? Well, according to a comprehensive survey conducted by the U.S. Department of Justice (DOJ), identity theft is affecting millions of households in the U.S each year and costing an estimated $6.4 billion per year.

About 3 percent of all households in the U.S., totaling an estimated 3.6 million families, were hit by some sort of ID theft during the first six months of 2004, according to DOJ data released this week.

The data comes from the Justice Department's National Crime Victimization Survey, which interviews members of 42,000 households across the country every six months to better understand the nature, frequency, and consequences of crime. Households that participate in the survey are selected at random and then interviewed by DOJ statisticians twice a year for three years.

The DOJ has been compiling this information for more than 30 years, but this marks the first time it has asked households about identity theft, said survey author Katrina Baum, a statistician with the Justice Department's Bureau of Justice Statistics.
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Read More / Source: Yahoo! News
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