A study conducted by Travelers of its 2009 claims data reveals that 76% of its customers experience burglary, stolen wallets and pilfered identifications as causes of identity fraud.
The findings mirror last year's report on Travelers' 2008 claims data which indicated that the majority of identity fraud cases reported by customers were from burglaries and stolen wallets. This underscores how thieves still prefer more low-tech means of identity fraud over online-related thefts and data breaches that garner significant media attention.
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