THE MOST IMPORTANT NEWS - IDENTITY THEFT HIT AN ALL-TIME HIGH IN 2016

Identity theft hit an all-time high in 2016

BY MICHAEL ON FEBRUARY 13, 2017

Despite years of battling by the financial industry and a massive change in the way Americans use debit and credit cards, the rate of identity theft soared during 2016, a new report has found. In fact, it hit an all-time high.

An estimated 15.4 million consumers were hit with some kind of ID theft last year, according to Javelin Strategy & Research, up from 13.1 million the year before.

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