ID fraud now up to £1.9 billion

Criminals benefit from £1,000 for every stolen identity, new figures have revealed.

The National Fraud Authority (NFA) has estimated that fraudsters stole some £1.9 billion last year, with the crimes affecting some 1.8 million individuals.

According to the NFA, identity fraud cost businesses and organisations some £800 million in efforts aimed at tackling criminal activity

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