Less than half of Americans have checked their credit or debit card statements to ensure that the charges match their actual purchases. (Photo: Shutterstock) Less than half of Americans have checked their credit or debit card statements to ensure that the charges match their actual purchases. (Photo: Shutterstock)

The pandemic has been a boon not only for online retailers but also for identity thieves. Law enforcement has reported a big spike in online scams during the COVID-19 pandemic, according to Gregory J. Anton, chairman of the American Institute of CPAs National CPA Financial Literacy Commission.

As a result, 60% of Americans believe it is likely that identity theft will cause them a financial loss in the next year, according to new research conducted by The Harris Poll on behalf of AICPA.

 

Legalweek Leaders in Tech Law Awards 2023Event

Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives.

Get More Information
 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2022 ALM Global, LLC. All Rights Reserved.