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Posted on April 15, 2021 by in Identity & Privacy, Personal

Some analysts estimate that you’re four times more likely to be killed by an asteroid than to have a winning Powerball ticket. Others noted that you’d have a better chance of becoming president, getting struck by lightning, or winning an Olympic gold medal. In fact, to win any lottery often involves dismal chances, averaging about 1 in 100 million.

If only those were the same odds as becoming a victim of identity theft.

Unfortunately, even though people may think this type of criminal activity is somewhat rare, identity theft statistics show that your chances of being affected might be much higher than you think. This is especially true if you’re in a high-risk group, like those affected by data breaches or living in certain states.

Identity Theft By the Numbers

Consider these identity theft statistics:

In other words, if your chances of winning the lottery were 1 in 15, as are the odds of being an ID theft victim, we’d all have family, friends, and colleagues who are millionaires.

Changing the Odds of Identity Theft

Although we can’t help you secure a future Powerball prize, we can offer some thoughts on changing your odds when it comes to identity theft statistics.

Some good prevention tactics include changing passwords regularly to avoid credential stuffing and other account takeover fraud methods, being cautious when putting personal information on social media, and checking your bank and credit accounts frequently to spot fraudulent transactions. The more proactive monitoring, the better, including monitoring credit reports and credit score changes, so you are aware of any changes or discrepancies that don’t make sense. Staying vigilant if your Personally Identifiable Information (PII) appears on the Dark Web is also critical.

Another helpful addition to your protection strategies is having an identity monitoring service like IdentityForce, which continuously monitors for suspicious activity, provides alerts, and offers white-glove restoration and assistance with a $1 million identity theft insurance recovery policy if needed. No one wants to be the next identity theft victim, so put some tactics into place now to better your odds.

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**Originally published January 2, 2018. Updated April 15, 2021.**