Here’s a lowdown on how your personal data could be stolen – and how to make sure it isn’t. Once circulating in the cybercrime underground, it’s only a matter of time before it is used in identity fraud attempts. According to Javelin Strategy & Research, identity fraud and scams cost Americans $47bn in 2024 alone. Malicious websites: Phishing sites can be spoofed to appear as if they are the real thing, right down to faked domain. Identity fraud continues to be a threat because it is relatively easy for threat actors to start making healthy profits.