Pandemic-related identity fraud: How serious is it?

The Identity Theft Resource Center (ITRC) and LexisNexis Risk Solutions have released the Pandemic-Related Identity Fraud Crime Victim Impacts Report, which shows how individuals and government agencies have been impacted since 2020 by an unprecedented… Continue reading Pandemic-related identity fraud: How serious is it?

2021 was the most prolific year on record for data breaches

Spirion released a guide which provides a detailed look at sensitive data breaches in 2021 derived from analysis conducted against the Identity Theft Resource Center (ITRC) database of publicly reported data breaches in the United States. The guide is … Continue reading 2021 was the most prolific year on record for data breaches

Number of data compromises reaching all-time high

According to an Identity Theft Resource Center (ITRC) report, the overall number of data compromises (1,862) is up more than 68 percent compared to 2020. The new record number of data compromises is 23 percent over the previous all-time high (1,506) se… Continue reading Number of data compromises reaching all-time high

What’s stopping consumers from using credit freezes?

A Identity Theft Resource Center and DIG.Works research explored the relationship between data breach notices and a decision for a consumer to freeze their credit, as well as credit freezes in general. Consumer credit freeze awareness The research surv… Continue reading What’s stopping consumers from using credit freezes?

What’s stopping consumers from acting on a data breach notice?

Only three percent of consumers implemented a credit freeze after receiving a data breach notice, 11 percent enrolled in credit/data monitoring, and only 22 percent changed all of their account passwords, a recent survey by DIG.Works on behalf of the I… Continue reading What’s stopping consumers from acting on a data breach notice?

Trending cybercrimes and the big impact of lesser-known breaches

Sontiq released the Mid-Year 2021 Cybercrime Report, which highlights five key trends and the 2021 data breaches that pose the highest level of risk to victims. Companies are largely unprepared to fend off cyberattacks The report’s insights were derive… Continue reading Trending cybercrimes and the big impact of lesser-known breaches

Phishing, Ransomware Driving Wave of Data Breaches

Data compromises have increased every month this year except May. If that trend continues, or even if there is only an average of 141 new compromises per month for the next six months, the total will still exceed the previous high of 1,632 breaches se… Continue reading Phishing, Ransomware Driving Wave of Data Breaches

Identity crime victims struggling with financial, emotional and physical impacts

Nearly 30 percent of people who contact the ITRC are victims of more than one identity crime. Their latest study covers the 36 months from 2018-2020 and goes beyond the known financial implications of identity crimes and explores the emotional, physica… Continue reading Identity crime victims struggling with financial, emotional and physical impacts

Matt Cullina joins Sontiq as head of global insurance business

Sontiq announced the addition of Matt Cullina in the key role of head of global insurance business. Cullina joins the company from Cyberscout, a leader of cyber products and services for the insurance market which was acquired by Sontiq earlier this ye… Continue reading Matt Cullina joins Sontiq as head of global insurance business

The benefits of providing employees with an identity compromise solution

Employees find significant value in having access to an identity compromise solution, having an available remediation solution creates a better mindset for those that use it, and there are halo results that benefit others (especially employers), an Ide… Continue reading The benefits of providing employees with an identity compromise solution