#IDTheft Protection – Identity Theft Prevention – Wealth Path IQ
Hello, everyone. My name is Rich and I’m with WealthPathIQ.com. Today we’re going to talk about the identity theft crisis in America. You see our site here on WealthPathIQ.com. If you click on the identity theft tab, we’ll get started.
The nature of identity theft criminals and the way that they operate has changed over the last few years, which is definitely worth noting. This representation here of a criminal behind a computer, a hacker if you will, faceless person in a hoodie is really not far from the way that we view the crisis in America. We’re citing some data from the 2017 Identity Fraud Study released from Javelin Strategy and Research, found that $16 billion was stolen from over 15 million U.S. consumers in 2016, and that number continues to grow year over year. In fact, in the past six years, identity thieves have stolen over $107 billion according to the insurance information institute. Those are staggering numbers. A lot of times if it doesn’t affect us, it seems like an obscure problem, but it really isn’t. Many of us are going to face this and we need a strategy to combat that.