According to data from the Supplemental Fraud Survey (2021), an estimated 3 million American adults reported being victims of personal finance fraud during a 12-month period and lost more than $3.2 billion total. Furthermore, it is equally important to acknowledge that more than half of financial fraud victims also reported experiencing socioemotional problems due to the incident.
Anyone can become a victim of fraud. Losing money or property through scams and frauds can have a lasting and devastating effect on your financial well-being (CFPB). This week’s theme is financial exploitation, and throughout the week, we will be exploring multiple topics that focus on protecting personally identifiable information.
Protect your financial information online from identity thieves