The Fear of Identity Theft is Increasing Year Over Year

According to a recent study by Generali Global Assistance, worry about identity theft is now on par with common concerns such as illnesses and car accidents. In fact, more people are becoming concerned about identity theft year over year. Per the study, 31% of U.S. consumers are very worried about being a victim of identity theft, whereas only 22% are worried about their home being robbed. In 2014, only 20% of people expressed fear of identity theft. Today, 32% express fear of identity theft.

Paige Schaffer, President and COO of Generali Global Assistance’s Identity and Digital Protection Services Global Unit, commented on today’s news, “Fear of becoming an identity theft or cybercrime victim is on the rise, and consumers are concerned with the impact these crimes can have on their lives.  With 2017 on pace to reach an all-time high of reported data breaches, businesses and consumers alike need to be more prepared than ever to mitigate associated risks.  The infographic published today, as well as the variety of initiatives in which we have been engaged to support National Cyber Security Awareness Month, demonstrate our commitment to education so that everyone is armed with the information necessary to combat identity theft.”

To learn more about contributors to this growing fear, view the infographic published by Generali Global Assistance below: