Ponemon Institute Medical Identity Theft Study
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It is estimated that there will be 1.85 million medical identity theft victims in 2012 costing victms upwards of $22,346. Learn how this effects businesses and consumer alike in the words of Dr. Ponemon himself.
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Ponemon Institute Medical Identity Theft Study
- 1. Third Annual Survey on Medical Identity Theft Conducted by Ponemon Institute Sponsored by Experian’s ProtectMyID® June 2012 Third Annual Survey on Medical Identity Theft 1
- 2. What is medical identity theft? Dr. Larry Ponemon Third Annual Survey on Medical Identity Theft 2
- 3. More victims every year 1.85 million 1.49 1.41 million million 2010 2011 2012 Number of Victims (millions) Third Annual Survey on Medical Identity Theft 3
- 4. It’s a family affair Dr. Larry Ponemon Third Annual Survey on Medical Identity Theft 4
- 5. Victims stay mum Do victims contact the police? Why not? Yes 48% No 52% Dr. Larry Ponemon Third Annual Survey on Medical Identity Theft 5
- 6. What do victims do? Dr. Larry Ponemon Third Annual Survey on Medical Identity Theft 6
- 7. Data privacy is valuable “ 80% of victims surveyed believe it’s critical for providers to make sure no medical information is lost or stolen or even shared without their consent.” – Dr. Larry Ponemon 58% would switch providers if they knew their medical records were not safeguarded. Third Annual Survey on Medical Identity Theft 7
- 8. Costs are rising Cost per Victim $22,346 $20,663 $20,160 2010 2011 2012 Third Annual Survey on Medical Identity Theft 8
- 9. What are the costs? Dr. Larry Ponemon Third Annual Survey on Medical Identity Theft 9
- 10. Financial consequences $29,464 – The average value of stolen medical services, pharmaceuticals and products 47% of victims pay out of their own pockets to restore their health insurance. 47% Third Annual Survey on Medical Identity Theft 10
- 11. A headache to resolve “Only 10% of victims say they were able to completely resolve the problem associated with this identity theft crime.” – Dr. Larry Ponemon Dr. Larry Ponemon Third Annual Survey on Medical Identity Theft 11
- 12. Get your free copy of the study Download the full study at www.Experian.com/MedicalIDTheft Third Annual Survey on Medical Identity Theft 12
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