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Study: Florida is the third-most vulnerable place in the nation for identity theft and fraud

Florida is third-most vulnerable place for identity theft and fraud, according to a new WalletHub analysis. []

Florida is third-most vulnerable place for identity theft and fraud, according to a new WalletHub analysis. []

Florida and identity theft, unfortunately, have long gone hand-in-hand.

One big red flag: There are more reports of identity theft per capita in the Sunshine State than anywhere else.

That's why Florida had the dubious distinction of being named the third-most vulnerable place in the country for identity theft and fraud, according to an analysis released Wednesday by credit monitoring website WalletHub.

Florida trailed only Washington, D.C., and California in the report.

To measure the level of susceptibility, WalletHub's analysts compared the 50 states and the District of Columbia across six key metrics. Florida was No. 1 (in other words, the worst) in half of the categories: identity thefts per capita; fraud and other complaints per capita; and identity theft in the Passport Program.

The upside, if there is one, is that the thieves aren't taking as much money here as other places.

Florida ranked 15th in average loss amount due to identity theft and 23rd in average loss amount due to fraud. It ranked 25th in the final category: state security-freeze laws for minors' credit reports.

WalletHub timed the study to highlight December as National Identity Theft Prevention and Awareness Month, noting that there have been 901 data breaches reported so far this year.

Study: Florida is the third-most vulnerable place in the nation for identity theft and fraud 11/30/16 [Last modified: Wednesday, November 30, 2016 10:15am]
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