Recently, Javelin Strategy & Research issued its annual Identity Fraud Study and it is quite enlightening. The study found that almost 13 million people were victims of identity theft last year at a cost of 16 billion dollars. One of the more interesting trends noted in the study is that while college age students are highly susceptible to identity theft, more than 64% of them said that they were not very concerned by fraud. In addition, when college students became victims of identity theft, it took them longer to discover that their identity had been stolen and twice as long to remedy the problem than other victims of identity theft. College students are particularly susceptible to identity theft because of the close quarters in which they live where people may be coming into and out of their dorm rooms without much concern for security. They are also vulnerable on their smartphones and other electronic devices as well as in their use of social media without often a concern for their privacy.