ICFE eNEWS #16-43 - December 2016
December is National Identity Theft Prevention
and Awareness Month
San Diego, CA (December 06, 2016) - There have been 901 data
breaches reported thus far in 2016, says WalletHub.co, which recently
today released its in-depth analysis that identifies
2016's States Most Vulnerable to Identity Theft & Fraud.
To measure the level of susceptibility to such crimes for each
state, the analysts compared the 50 states and the District of Columbia
across six key metrics. The data set ranges from "identity-theft
complaints per capita" to "average loss amount due to
For example, California's Vulnerability to Identity
Theft & Fraud (1=Most Vulnerable; 25=Avg.)
- 11th - Identity-Theft Complaints per Capita
- 3rd - Avg. Loss Amount Due to Online Identity Theft
- 9th - Fraud & Other Complaints per Capita
- 3rd - Avg. Loss Amount Due to Fraud
- 25th - State Security-Freeze Laws for Minors' Credit Reports
- 1st - Identity-Theft Passport Program
For the full report, please visit:
Financial professionals in their capacity as advisors to their
clients have a responsibility to be aware of the most up-to-date
methods used by identity thieves in order to protect their clients
and to advise them appropriately. The non-profit Institute of Consumer
Financial Education makes available a comprehensive course of study
leading to the designation of
Certified Identity Theft
Risk Management Specialist - CITRMS ® XV.
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Also, visit the ICFE's new Web site: StudentDebtHelp.org
Paul S. Richard
President - Executive Director
Institute of Consumer Financial Education (ICFE)
About the ICFE:
The Institute of Consumer Financial Education (ICFE) was founded in 1982 by the late Loren Dunton (creator of the Certified Financial Planner (CFP) designation). The ICFE is dedicated to helping consumers of all ages to improve their spending, increase savings and use credit more wisely.
The ICFE is an award winning, nonprofit, consumer education organization that has helped millions of people through its education programs and Resources. It publishes the Do-It-Yourself Credit File correction Guide, which is updated annually. The ICFE has distributed over one million Credit/Debit Card Warning Labels and Credit/Debit Card Sleeves world wide.
The ICFE became an official partner with the Department of Defense/Financial Readiness Campaign in June of 2004.The ICFE was an active partner in the California Student Debt Resource Awareness Project (CASDRAP) which resulted in a new web site: (studentdebthelp.org). CASDRAP disbanded in 2010, shortly after the web site project was completed. In 2011 the ICFE assumed the single sponsorship of the (studentdebthelp.org) web site and is now responsible for its content and operation.
The ICFE is also an on-line help for consumers who spend too much. ICFE's spending help was featured in PARADE Magazine in the Intelligence Report section. The money helps and tips are from the ICFE's Money Instruction Book, our course in personal finance.
Visit the ICFE's other web sites at: www.financial-education-icfe.org and studentdebthelp.org. Both sites helps consumers and students with mending spending, learning about the proper use of credit, budget and expense guidelines, how to set up and implement a spending-plan and also how to access financial education courses and how to teach children about money. Other ICFE services include: Ask Mr. G, a free eNews, and an online resource center for students, parents and educators, plus financial education learning tools and a book store.