A new and fascinating FTC report shows some interesting trends in online fraud and identity theft. The following are total FTC complaints in those two main technology-related categories over the last three years:
It is remarkable that despite significant increases in the numbers of people online, FTC complaints aren’t going through the roof. Matter of fact, while identity theft complaints rose 5% in 2005, online fraud complaints actually declined. I would have never imagined the latter to be the case, and I had it in my head that identity theft complaints were rising much faster as well.