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Rising Mental Health Impact of Identity Fraud and Scams

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A quarter of identity fraud victims have considered self-harm, with 68% of self-identified victims reporting severe mental health impacts. The Identity Theft Resource Center (ITRC) 2025 Consumer Impact Report reveals increasing frequency and financial losses from identity crimes. Social media account takeovers are the most common form of identity crime, and AI is expected to play a significant role in future identity security challenges. The report highlights the growing mental health crisis among victims, with a significant increase in the number of victims experiencing multiple compromises and substantial financial losses. The ITRC emphasizes the need for urgent support and action from policymakers, financial institutions, and technology companies. The report also indicates that seeking professional help can mitigate the mental health impacts of identity fraud.

Timeline

  1. 28.10.2025 14:45 1 articles · 13d ago

    2025 ITRC Report: Severe Mental Health Impact of Identity Fraud

    The Identity Theft Resource Center's 2025 Consumer Impact Report reveals that a quarter of identity fraud victims have considered self-harm, with 68% of self-identified victims reporting severe mental health impacts. The report also highlights an increase in the frequency of identity crimes, with many victims experiencing multiple compromises and substantial financial losses. Social media account takeovers emerged as the most common form of identity crime, and AI is expected to be a major battleground for identity security in the future.

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Information Snippets

  • 25% of consumers have considered self-harm after falling victim to identity crime, up 20 percentage points from the previous year.

    First reported: 28.10.2025 14:45
    1 source, 1 article
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  • 68% of self-identified victims have seriously considered self-harm, while 14% of victims who contacted the ITRC reported similar thoughts.

    First reported: 28.10.2025 14:45
    1 source, 1 article
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  • 32% of respondents reported being victimized twice, and 25% three times in the past year, up from 24% and 17% respectively.

    First reported: 28.10.2025 14:45
    1 source, 1 article
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  • Over 20% of victims reported losses of over $100,000, and over 10% had lost at least $1 million.

    First reported: 28.10.2025 14:45
    1 source, 1 article
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  • 20% of general consumer victims experienced losses under $500 in 2025.

    First reported: 28.10.2025 14:45
    1 source, 1 article
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  • Social media account takeovers were the most common form of identity crime, affecting 35% of general consumer victims.

    First reported: 28.10.2025 14:45
    1 source, 1 article
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  • Over two-thirds of respondents believe AI will be a major battleground for identity security in the future.

    First reported: 28.10.2025 14:45
    1 source, 1 article
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