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News

ITAC Comments On Identity Theft Reduction Report

Identity Theft Assistance Centre : 10 February, 2011  (Company News)
The Identity Theft Assistance Centre advises continued vigilence and increased efforts in the fight against identity theft whilst incidences are reducing
A report indicating a sharp decrease in identity theft is good news for consumers and should be a call to arms to redouble efforts by consumers, business and government to fight the crime, according to Anne Wallace, president of ITAC, the Identity Theft Assistance Center.



The report by Javelin Strategy & Research shows that the number of identity fraud victims decreased by 28 percent and the total fraud amount decreased from $56 to $37 billion.



“An improving economy, public education and better detection techniques appear to be working,” said Wallace. “Let’s take this as motivation to redouble our efforts to get out in front of criminals, especially in light of the growing threat of cybercrime.”
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