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The latest Identity Fraud figures were released today by CIFAS, show that, at
the end of the third quarter of 2006, the number of identity fraud victims
recorded by CIFAS members had reached a record level.
Since the year 2000, almost 282,300 victims of identity fraud have been
registered by CIFAS Members to protect them from further impersonation attempts.
Comparing the first three quarters of 2006 with the first three quarters of
2005, there has been a 21% rise in the number of victims of identity fraud.
By the end of the year the number of victims for 2006 is likely to be over
68,000.
There is some good news, however, as CIFAS Members report detecting far more
cases of identity fraud at application stage than they were a year ago.
Although identity frauds have continued their relentless rise during the first 9
months of 2006, CIFAS Members' success in detecting and preventing these frauds
has increased more steeply.
During the corresponding period in 2005, identity fraudsters went undetected at
application stage in almost half of cases. So far this year, this is down to one
third.
CIFAS Chief Executive, Peter Hurst, commented: "Where institutions are able to
detect and prevent these frauds at application stage, this is good news both for
the victims and for the organisations themselves.
"Financial and other institutions would otherwise bear any loss incurred as a
result of the identity fraud.
"The victims, although they are indeed victims of identity fraud, and must
continue to be alert to the possibility of further attempts on their identities,
do not experience quite as much inconvenience or heartache as when the fraudster
is successful.
"Obviously, CIFAS Members do all they can to identify frauds at application
stage, and are continuously improving their levels of detection.
"It is, of
course, just as important that individuals do everything possible to protect
themselves by taking the various preventative measures outlined on the National
Identity Fraud Prevention Week website, www.stop-idfraud.co.uk."
Source:
Getting Paid
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