security fraud infographic - valid · as facebook, instagram, and snapchat face a 46% higher risk...

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7-10% of the population in the USA, or 1 in 10 people, are victims of identity fraud each year, and 21% of those experience multiple incidents of identity fraud. 1 A new victim of identity theſt occurs every 2 seconds. 2 People who are active on social media sites such as Facebook, Instagram, and Snapchat face a 46% higher risk of account takeover and fraud than those not active on social networks. 3 Due to the increasing popularity of online shopping, card-not-present fraud is now 81% more common than point of sale credit card fraud. 4 During 2019, the business sector has accounted for 71.1% of reported breaches and for 85.6% of exposed records. 5 Businesses in the USA will lose an average of 5% of their gross revenues to fraud. 6 In the USA, the amount of merchant locations accepting EMV chip cards has increased 771% from 392K to 3.5M locations between 2011 and 2018, which directly correlates to a 76% decrease in card present counterfeit payment fraud. 7 SECURITY FRAUD 1. https://bit.ly/2Zm1esI 2. https://bit.ly/2Sc4Drh 3. https://bit.ly/2S9yTCu 4. https://bit.ly/2S9yTCu VALID.COM 5. https://bit.ly/31r30dx 6. https://bit.ly/2LDzkFL 7.https://vi.sa/2Yg6KvH

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Page 1: Security Fraud Infographic - Valid · as Facebook, Instagram, and Snapchat face a 46% higher risk of account takeover and fraud than those not active on social networks.3 Due to the

7-10% of the population in the USA, or 1 in 10 people, are victims of identityfraud each year, and

21% of those experience multiple incidents of identity fraud.1

A new victim of identity the� occurs every

2 seconds.2

People who are active on social media sites suchas Facebook, Instagram, and Snapchat face a

46% higher risk of account takeover and fraud than those not active on

social networks.3

Due to the increasing popularity of online shopping, card-not-present fraud is now

81% more common than point of sale credit card fraud.4

During 2019, the business sector has accounted for

71.1% of reported breaches

and for 85.6% of exposed records.5

Businesses in the USA will lose an average of

5% of their gross revenues to fraud.6

In the USA, the amount of merchant locations accepting EMV chip cards

has increased 771% from 392K to 3.5M locations between 2011 and 2018, which directly correlates to a

76% decrease in card present counterfeit payment fraud.7

SECURITY FRAUD

1. https://bit.ly/2Zm1esI2. https://bit.ly/2Sc4Drh3. https://bit.ly/2S9yTCu4. https://bit.ly/2S9yTCu VALID.COM

5. https://bit.ly/31r30dx6. https://bit.ly/2LDzkFL7.https://vi.sa/2Yg6KvH