Protect Your Identity

AARP released a new report today (October 28, 2020) exploring the impact of identity fraud on U.S. adults aged 55+ and how technology may play a role in consumers’ ability to protect themselves from financial harm. The report, “Identity Fraud in Three Acts,” developed by Javelin Strategy & Research and sponsored by AARP, shows that 26% of Americans aged 55+ have been victims of identity fraud. However, more are taking additional precautions to prevent losses of personal information: 29% have placed credit freezes on their credit bureau information following an identity theft incident, and more than half have enrolled in identity protection or credit monitoring services.