Identity Theft Deep Dive

Over 1.1 million identity theft reports were filed with the FTC in 2024, with total losses reaching $11 billion. Credit card fraud is the most common type, followed by government benefits fraud and loan/lease fraud.

Synthetic identity fraud, which combines real and fabricated information to create new identities, is one of the fastest-growing fraud types. Analysis covers trends from 2017 to 2024, demographic breakdowns by age group and generation, and state-level hotspot mapping.

Data breach analysis shows the connection between major data breaches and subsequent identity theft spikes. Sources include FTC Consumer Sentinel, FBI IC3 reports, and state attorney general filings.