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Identity Theft Protection Saves Money and Time

First, the good news: the number of identity theft victims dropped 28 percent between 2009 and 2010—from an estimated 8.1 million adults to 3 million. Now the bad news: their average out-of-pocket costs per incident have increased, from an average of $387 in 2009 to $631 in 2010. (Source: Javelin Strategy and Research, 2011 Identity Fraud Survey Report) [December 2011, 534 word article]

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