Survey: Identity Fraud Fell in 2018

Those tiny chips in your credit and debit cards help derail fraudsters

From Katherine Skiba, AARP –

Credit and debit card fraud dropped in 2018, thanks to the emergence of embedded chip cards over the past few years, a new report says.

The report, from Javelin Strategy & Research, says the firm’s annual consumer survey showed identity fraud hit an estimated 5.6 percent of U.S. adults in 2018, a decline from a year earlier.

The results, reflecting a nearly 15 percent reduction year-to-year, were due almost entirely to the decline in credit card and debit card fraud.

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About Radnor Reports

Ken Feltman is past-president of the International Association of Political Consultants and the American League of Lobbyists. He is retired chairman of Radnor Inc., an international political consulting and government relations firm in Washington, D.C. Known as a coalition builder, he has participated in election campaigns and legislative efforts in the United States and several other countries.
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