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January 27, 2015
NCUA adds ID theft resources to consumer site
In support of the Federal Trade Commission's Tax Identity Theft Awareness Week, NCUA added new ID theft prevention and reporting resources to its consumer site, MyCreditUnion.gov, and is encouraging credit unions to share the information with their members.
"With the broad reach of the internet, we live in a world where personal information about everyone's identity and finances is potentially vulnerable to thieves and crooks," NCUA Board Chairman Debbie Matz said in a statement Monday. "As part of NCUA's overall commitment to consumer education and financial literacy, we want to help credit union members understand what they can do to prevent theft or where to get help when cyber fraudsters strike."
NCUA said more than 16 million Americans were victims of identity theft in 2012 and losses surpassed $24 billion.
FTC says tax-related identity theft topped its identity theft complaint list in 2014, with 109,063 complaints received – accounting for 32.8 percent of the overall complaints on the issue. The commission said complaints from consumers about criminals impersonating IRS officials were up more than 2,300 percent in 2014 – from 2,545 complaints received in 2013 to 54,690 in 2014.
In its "Dirty Dozen" list of top scams, IRS last week listed phone scams, where criminals impersonate an IRS agent, as No. 1.
"With the broad reach of the internet, we live in a world where personal information about everyone's identity and finances is potentially vulnerable to thieves and crooks," NCUA Board Chairman Debbie Matz said in a statement Monday. "As part of NCUA's overall commitment to consumer education and financial literacy, we want to help credit union members understand what they can do to prevent theft or where to get help when cyber fraudsters strike."
NCUA said more than 16 million Americans were victims of identity theft in 2012 and losses surpassed $24 billion.
FTC says tax-related identity theft topped its identity theft complaint list in 2014, with 109,063 complaints received – accounting for 32.8 percent of the overall complaints on the issue. The commission said complaints from consumers about criminals impersonating IRS officials were up more than 2,300 percent in 2014 – from 2,545 complaints received in 2013 to 54,690 in 2014.
In its "Dirty Dozen" list of top scams, IRS last week listed phone scams, where criminals impersonate an IRS agent, as No. 1.
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