Implementing identity security best practices is essential in today’s fast moving business world. During the third quarter of 2022 alone, approximately 15 million data records were exposed worldwide through data breaches. This alarming figure is an increase of 37 percent when compared to the previous quarter. (Source: Statista) Driving this upward trend is the trend […]
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Despite huge strides in cybersecurity, data breaches are still an issue. In fact, the number of data breaches in the first quarter of 2022 was higher than in 2021, and in the second quarter 2022 alone there were nearly 52 million data breaches reported. The industry hit hardest by data breaches was the healthcare industry,
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While overall holiday shopping traffic is predicted to be down for 2022 by the National Retail Federation (NRF), the number of consumers shopping online continues to grow. 36 percent of Americans have fallen victim to online holiday shopping scams, according to Norton. Nearly 80 percent of adults in the U.S. shop online, according to Statista,
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Millions of shoppers will take advantage of sales Black Friday weekend and throughout Cyber Monday. The sales, unfortunately, also attract cyber criminals. We’ve compiled a list of tips to avoid scams during Black Friday and Cyber Monday. Cybercriminals take advantage of the onslaught of shoppers by posting online scams. Consumers, meanwhile, are caught up in
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TransUnion, one of the three major consumer credit reporting agencies, was breached earlier this month. The exact number of individuals affected is unknown as the agency did not release this information upon reporting the breach to the Massachusetts Attorney General. The breach potentially exposed private data of TransUnion customers nationwide – names, Social Security Numbers,
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Understanding (and avoiding) data breaches is a necessary step for businesses of all sizes if they are to recover from these costly growing threats. Businesses of all sizes are susceptible to data breaches, but mid-size companies are especially vulnerable. Throughout 2020 and 2021, the number of cyberattacks against midsize businesses in every industry examined jumped
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Running a business is challenging enough without the added stress of identity theft. You may think of Identity theft as a problem that only targets individuals, but it impacts businesses of all sizes as well. According to PwC’s 2022 Global Economic Crime and Fraud Survey, 46% of organizations experienced some form of fraud in the
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The COVID-19 pandemic created a perfect storm for remote job scams. With more people seeking employment as well as online opportunities, more people have been tricked by scammers impersonating employers and posting on job listing websites. This type of fraud is not new, but has been on the rise, with a 2020 Better BUsiness Bureau
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Text message scams are on the rise, according to the Federal Communications Commission (FCC), with scam texts costing Americans over $10 billion in 2021. In 2019, just 5,700 people notified the FCC of unwanted text messages. That number more than doubled in 2020, with 14,000 people complaining of scam text messages. 2022 is on track
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The Federal Trade Commission called social media a “gold mine” for scammers in its 2021 Consumer Protection Data Spotlight. With 82 percent of the U.S. population having at least one social networking profile, cybercriminals have found new ways to steal. According to the FTC, more than one in four people who reported losing money to
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