The amount of people who are sharing personal information online has increased to a greater level than ever before. Because of the advent of things such as social networks and other online activities, more people are putting information into the Internet than ever before. This is putting people at an increased risk of being the victim of fraud.
It is estimated that in the first four months of this year, around 12 million individual bits of personal information were traded by fraudsters online. These figures have been released by the credit advice company, Experian. Many people are wondering with all of this information online how they are going to be able to protect themselves better and make themselves less likely to be a victim of fraud.
Incredibly, the first four months of this year saw more personal information traded online by criminals, than all of the information that was traded in the entire of 2010. It is estimated that nearly 90 percent of the information being traded online are login combinations for various online accounts. The number of people who have accounts online, or access Internet banking, has dramatically increased in recent years making it a more popular target for fraudsters.
Furthermore, people also have a great deal of other online accounts which can be used for fraudulent purposes. It is estimated that the average person in the UK has over 25 different online accounts that they are registered for. For those who are aged between 25 and 35, the number is even greater, with an estimated 40 accounts per person.
Furthermore, this number is set to increase dramatically as estimates have said that nearly 20 percent of Britons are signing up to around six new online accounts every single month. Despite the huge number of accounts, people tend to have just five passwords on average.