Identity theft is the fastest growing white-collar crime in the country. Nearly 10 million Americans discovered in the past year that they had been the victim of some kind of identity fraud. This type of crime costs individual victims an average of $500 each and businesses an estimated $48 billion a year. With “phishing” scams, criminals send out bogus e-mails telling recipients that they need to confirm account details to reactivate accounts or claim prizes. People’s identities, not pocket money, were the target of one sophisticated pickpocket ring busted by the NYPD.”]
Source: https://www.csoonline.com/article/2116980/five-ways-to-fight-id-theft.html