Security News > 2021 > May > Identity crime victims struggling with financial, emotional and physical impacts

Nearly 30 percent of people who contact the Identity Theft Resource Center are victims of more than one identity crime.

Their latest study covers the 36 months from 2018-2020 and goes beyond the known financial implications of identity crimes and explores the emotional, physical and psychological impacts experienced by victims.

For the report, 427 identity crime victims who contacted the organization between January 2018 and December 2020 responded to questions about the impact of identity compromises.

"The 2021 Consumer Aftermath Report shows that the effects of identity theft, particularly during COVID-19, are far-reaching and accelerating," said Eva Velasquez, president and CEO of the Identity Theft Resource Center.

"Even pre-pandemic, for roughly 30 percent of these individuals, this is the second identity crime committed against them. Generally, these victims cannot pay their rent or mortgage, put food on the table, gas in their cars or afford to pay for internet access or childcare needed to look for new employment."

Another critical finding discovered is pre-pandemic, identity crime victims struggled with the financial, emotional and physical impacts of having their identities misused.

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