This statistic is surprisingly high – 2004, 3% of US households hit by identitiy theft.
About 3 percent of all households in the U.S., totaling an estimated 3.6 million families, were hit by some sort of ID theft during the first six months of 2004, according to DOJ data set to be released Sunday.
Relevance to Bankwatch:
As the most significant aggregator of customers’ information, banks must (continue) to take this issue seriously, and make efforts to support their customers. For example, providing the ability to eliminate paper statements, and provide alternatives to delivery of sensitive information in obvious post is something to seriously address.
Bankwatch 