The hidden costs of data breaches for small businesses

Nearly 8 in 10 small business leaders admit they are anxious about the safety of their company’s sensitive data and information, according to Shred-it. According to the Identity Theft Resource Center’s report, the number of data breaches re… Continue reading The hidden costs of data breaches for small businesses

Cyber attacks cause revenue losses in 42% of small businesses

85% of small business leaders say they are ready to respond to a cyber incident despite a record-high 73% reporting an attack in 2023, according to Identity Theft Resource Center. Employee and consumer data continue to be the most impacted categories o… Continue reading Cyber attacks cause revenue losses in 42% of small businesses

Surge in identity crime victims reporting suicidal thoughts

Identity theft can have great financial impact on the victims, but the experienced emotional, physical and psychological impact can be even more devastating, according to the 2023 Consumer Impact Report from the Identity Theft Resource Center (ITRC) an… Continue reading Surge in identity crime victims reporting suicidal thoughts

Identity crimes: Too many victims, limited resources

The Identity Theft Resource Center (ITRC) has documented incidents of identity theft reported during 2022 and the first quarter of 2023, highlighting the use of strategies by criminals to convince people to willingly share protected information. The nu… Continue reading Identity crimes: Too many victims, limited resources

Supply chain attacks caused more data compromises than malware

The first half of 2022 saw fewer compromises reported due in part to Russia-based cybercriminals distracted by the war in Ukraine and volatility in the cryptocurrency markets, according to the Identity Theft Resource Center. However, data compromises s… Continue reading Supply chain attacks caused more data compromises than malware

A closer look at identity crimes committed against individuals

In this Help Net Security video, James E. Lee, Chief Operating Officer of the Identity Theft Resource Center, discusses the 2021 Trends in Identity Report, which looks at the trends in identity based on information from the victims that contact the ITR… Continue reading A closer look at identity crimes committed against individuals