The Identity Theft Resource Center reported that data breaches in the first nine months of 2021 has surpassed all of 2020.
AUSTIN, Texas — By the end of September, there were 1,291 reports of data breaches, according to the Identity Theft Resource Center.
That’s more than in 2020, where 1,108 data breaches were reported. The all-time high was in 2017 when there were 1,529.
And as the holiday season approaches, experts predict a whopping $721.3 billion loss to identity theft by the end of the year. That’s according to a report dubbed “U.S. Identity Theft: The Stark Reality.“
The identity fraud prevention report also stated this year’s loss is more than last year’s amount of $712.4 billion.
To make sure you don’t become a victim, we found a few of the most damaging fraud schemes people are falling for right now.
Fake retail sites
The first one is fake retail sites. This scam couldn’t come at a worst time.
Haywood Talcove is a fraud prevention specialist and the CEO…