Study: Most Creditworthy Consumers Also Are Most Likely to Be Identity Theft Victim

Experian study finds significant relationship between high credit scores and propensity for identity fraud victimization

June 10, 2009

2 Min Read

PRESS RELEASE

COSTA MESA, Calif., June 8/PRNewswire/ -- Experian, a global information services company, today announced the availability of a Market Insight Snapshot report that analyzes identity fraud occurrence rates across credit score ranges. The study illustrates a clear connection between consumers' high credit scores and the propensity for identity fraud victimization, posits a possible cause for the connection and offers suggestions for combating the problem of identity fraud.

"Experian's findings should herald a warning for consumers and businesses alike," said Hiq Lee, senior vice president and general manager of Experian's Fraud and Identity Solutions group. "Identity fraud can damage an individual's finances as well as a company's bottom line and reputation with consumers. Experian is uniquely positioned to not only alert consumers and credit issuers to findings such as these, but also to offer products and services to help them combat the problem."

To receive a copy of the Experian Market Insight Snapshot, please contact Danica Ross, Experian Public Relations, at [email protected] or 1 714 830 5462.

For information about other Market Insights from Experian, visit http://www.experian.com/insight.

About Experian

Experian(R) is a global leader in providing information, analytical and marketing services to organizations and consumers to help manage the risk and reward of commercial and financial decisions.

Combining its unique information tools and deep understanding of individuals, markets and economies, Experian partners with organizations around the world to establish and strengthen customer relationships and provide their businesses with competitive advantage.

For consumers, Experian delivers critical information that enables them to make financial and purchasing decisions with greater control and confidence. Clients include organizations from financial services, retail and catalog, telecommunications, utilities, media, insurance, automotive, leisure, e-commerce, manufacturing, property and government sectors.

Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Experian has corporate headquarters in Dublin, Ireland, and has operational headquarters in Costa Mesa, Calif., and Nottingham, UK. The Group employs approximately 15,000 people in 40 countries worldwide, supporting clients in more than 65 countries around the world. Total Group revenue for the year ended March 31, 2009, was $3.9 billion.

For more information, visit http://www.experianplc.com.

Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc.

Other product and company names mentioned herein may be the trademarks of their respective owners.

Contact: Danica Ross Experian Public Relations 1 714 830 5462 [email protected]

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