New Study Finds the Best and Worst States in America for Identity Theft and Fraud
SEATTLE, Aug. 9, 2022 /PRNewswire-PRWeb/ -- A new study by Batten, a trusted website for security product recommendations, reveals which states rank at the bottom in protecting their residents from identity theft and fraud. The study analyzed Consumer Sentinel data on the rise of identity theft and fraud in each state and major metropolitan areas, and then evaluated them using a composite score that's weighted based on growth rates, dollars lost, relative monetary impact, consumer protections, and preventative measures in place.
- "Our data suggests a few states took action when they became aware of what was happening, and they were well-equipped to handle it.
- However, a bulk of states were ill-prepared and their residents paid the price.
- Using the FTC Consumer Sentinel data, Batten established the rate of fraud and identity theft by state (per 100,000).
- To add a qualitative layer to the study, Batten explored what states are doing to prevent, deter, and mitigate identity theft and fraud.