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Cyber thieves target personal data during holidays

Cyber thieves are targeting your identity no matter where you shop.

By Patricia L. Harman | Updated on December 01, 2016

The holiday shopping season is under way, and whether you’re buying online or in a traditional brick and mortar store, your identity could be at risk. Identity theft sees a definite uptick around the holidays and income tax time. “People are starting to holiday shop and are putting information out there more frequently,” explains Paige Schaffer, president and COO of Generali Global Assistance’s identity and digital protection services global unit.

According to the Javelin 2016 Identity Fraud Study, fraudsters stole the identities of 13.1 million victims in 2015 and used them to spend $15 billion in fraudulent expenditures. In addition, 18 percent of the fraud using U.S. credit cards took place outside of the country, costing $2.4 billion.

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Patricia L. Harman

Patricia L. Harman

Patricia L. Harman is the editor-in-chief of Claims magazine, a contributing editor to PropertyCasualty360.com, and chairs the annual America's Claims Event (ACE), which focuses on providing claims professionals with cutting-edge education and networking opportunities. She covers auto, property & casualty, workers' compensation, fraud, risk and cybersecurity, and is a frequent speaker at insurance industry events. Contact her at [email protected]

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