With identity fraud on the rise, companies are scrambling to adhere to new regulations dealing with data privacy and verification.
Data
$23B: Losses from identity fraud in the U.S. in 2021, a 79% increase from 2020
15M: Number of people affected by identity fraud in the U.S. each year
78%: Share of corporate compliance officers who expect to be dealing with new ID security regulations this year
69%: Portion of American consumers who say they are concerned about data breaches
9 in 10: Number of U.S. companies that say they are not prepared for California’s new data privacy law
