Identity theft is a modern day crime that is spreading like wildfire. To understand why, let’s look at the brief but volatile history of identity theft.

According to the Federal Bureau of Investigation, identity theft is the fastest growing crime in the US alone. The fact that more and more people are reporting cases of identity theft and how they have become victims can attest to conclusion made by that department. In the year 2002, 10 million people became victims of this crime. And an estimated 27.3 million Americans have been reported to be victims of the different forms of identity theft during the past 5 years.