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Cosumers don’t think they can dodge identity fraud

11
Mar
2022
Cosumers don’t think they can dodge identity fraud

image credit: pxhere

Nearly one in 10 smartphone users in the UK (9%), as many as 5.7 million people, have fallen victim to identity fraud in the last 12 months, according to a research by GBG.

The report can reveal that young adults aged 18-to-24 were hardest hit with 18% becoming victims of identity fraud compared to 9% of 45-to-54-year-olds, and just 3% of consumers aged 55 and over.

The research also uncovered high levels of anxiety, with a large majority of the Brits surveyed worrying that becoming a victim of fraud is inevitable. 93% of respondents (94% of 18 to 24-year-olds) felt concerned that they will fall victim to fraud in the future.

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