The Internal Revenue Service (IRS) launched Identity Theft Central, designed to improve online access to information on identity theft and data security protection for taxpayers, tax professionals and businesses.
Identity theft thieves don't like paper shredding services. Why? Because it's one of the most effective ways to protect individuals and businesses from its extremely negative effects.
Federal authorities in San Antonio, Tex. have uncovered an international theft ring that targeted thousands of veterans and their dependents – taking their personal information to steal millions of dollars in benefits.
The number of identity theft reports shot up from about 86,000 in 2001 to a peak of 490,000 reports in 2015, according to the Federal Trade Commission.