Today in Data: The Cost of Identity Protection

identity verification

With identity fraud on the rise, companies are scrambling to adhere to new regulations dealing with data privacy and verification.

Today in DataData

$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