FTC annual report finds drop in identify theft complaints

The Federal Trade Commission's annual report on consumer complaints shows identity theft complaints decreased three percent in 2016, which is notable given the spike in such complaints two years ago.

In 2016, 29 percent of consumers who reported identity theft said their data was used to commit tax fraud, while there was a jump in complaints about stolen data used for credit card fraud – from 16 percent in 2015 to more than 32 percent in 2016, according to the...