|Credit information firm Experian has published its latest Victims of Fraud Dossier revealing that identity fraud increased by 66 percent in the UK last year.|
The Nottingham-based company stated that more than 6,000 victims sought its help during 2007 compared to just over 3,500 for the previous year with the Dossier highlighting identity fraud hotspots and ‘at risk’ groups in the UK
The borough of Kensington was exposed as the capital’s identity fraud hotspot with its residents three-and-a-half times more likely to fall victim while residents of Richmond-Upon-Thames, Putney, Wimbledon and the Kings Road area in Chelsea also among those at highest risk.
“The dramatic increases in identity fraud we have witnessed over the last few years have coincided with the increasing involvement of organised criminals in this space,” said Helen Lord, Director of Fraud and Compliance for Experian.
“The rate of identity fraud growth is worrying. Although some people are statistically more likely than others to become a victim, we should all be concerned. We are all potential victims.”
Experian stated that it analysed more than 10,000 cases of identity fraud to produce a propensity model to determine with even greater accuracy those most at risk. The typical victim is between ages 26 and 45 with those earning over $100,000 a year almost three times as likely to fall foul of fraudsters. The company stated that those at the pinnacle of their careers either at director level or running their own businesses are the most at-risk consumer type.
“We all need to take active steps to protect ourselves against identity theft and everyone should regularly check their credit report using an online monitoring service like CreditExpert.co.uk,” said Jim Hodgkins, Managing Director of CreditExpert.co.uk for Experian.