After the big Target data security breach, a number of other retailers came forward to admit that they too had similar problems – Nordstrom, Michael’s, etc. American Consumer Credit Counseling polled readers to find out if they had trust issues with retailers, and the results were indicative of a less trustful set of consumers.
Data breaches are up 30 percent since 2012, exposing a serious number of consumers to the possibility of ID theft. In fact, 52 percent of respondents have had their personal information compromised. Not only do most consumers not trust retailers with their credit card info, but a staggering 41 percent didn’t know what to do if their information was compromised. The states with the highest rate of credit card fraud might surprise you.
Unsure of what to do after an ID Theft? We have a number of resources to help.