Identity Theft
Identity Theft By Race
White segregated zip codes reported identity theft incidents the most, making up a whopping 71% of all identity theft victims, with P52 being the least ethnic group as victims.
Source: https://bjs.ojp.gov/content/pub/pdf/vit18.pdf pg6
| Race | Percent of Population | Percent of Identity Theft Victims |
|---|---|---|
| White | 60.1% | 71.44% |
| Black | 13.4% | 9.06% |
| Hispanic | 18.5% | 11.73% |
| Asian | 5.9% | 5.15% |
| Other | 2.1% | 2.63% |
These figures indicate that European Americans are more likely to be targeted by identity thieves. This may be because these segregated zip codes and addresses are more affluent. 51% of this population enjoy an annual income of $75,000 or more. SignUp today to begin protecting your good name and credit history.
More money, more problems. It’s true — at least in terms of identity theft. It makes logical sense that having more money also puts a larger target on your bank accounts and other assets. Higher education levels also lead to higher income levels.
So it’s no surprise that, according to data from the AARP, people with college degrees or post-graduate work were “significantly more likely” to fall victim to ID theft vs. those with a high school diploma or less education. Similarly, people with incomes over $50,000 were more likely to be identity theft victims [pg 22-32] than those who make less than $50,000.
But it’s not just perceived wealth that makes someone a target. There’s the unseen risk of a larger data footprint. The wealthier you are, the longer data trail you tend to leave —as far as where you shop, how you shop, and where you keep your money. It usually means more purchases, more accounts, and lines of credit open in your name.
Did you know there's a strong correlation between identity theft and unemployment and recessionary factors, specifically in the context of unemployment insurance fraud? Criminals often steal the identities of seniors and others to file fraudulent unemployment claims and collect benefits intended for legitimate claimants.
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