In 2013, someone became a victim of identity fraud every two minutes, totaling 13.1 million people. Identification....a big issue Banks and start-ups can play a role in in fixing.
Identity theft is the fastest-growing crime in the United States. In 2013, someone became a victim of identity fraud every two minutes, totaling 13.1 million people. The cost of cleanup is, on average, $500 per person. Amy Krebs describes what it feels like to become a victim. Is it okay to publish your name? Yes. You might think, ‘She’s a victim of identity theft. Why would she be okay with it?’ Here’s why. I thought I had all my ducks in a row. I’m a very careful person. But someone easily infiltrated my credit report and credit history. I feel the need to talk about it because I believe things need to be changed. Me just going back to my day-to-day life doesn’t do that, so I’m putting a name to a victim of identity theft.
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