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Why Identity Theft Protection is an Important Employee Benefit

Identity IQ

Why Identity Theft Protection is an Important Employee Benefit. According to Consumer Affairs, between 2019 and 2020, there was a 311% rise in identity theft victims. An employer can help keep their employees safe by providing identity theft protection. Employee Identity Theft Protection.

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US sees $1 billion worth of Child Identity Theft and Fraud

CyberSecurity Insiders

A recent study made by Javelin Strategy & Research says that the annual loss incurred through Child Identity Theft and Fraud in United States is $1 billion worth. The 2021 Child Identity Fraud report clearly states that all those children above 10 are found using online services these days and from them over 1.25

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Identity Theft Victims Doubled During the Pandemic, FTC Reports

Hot for Security

Identity theft victims have doubled during COVID-19, with a record 1.4 million reports of identity theft in 2020, according to the latest FTC report. In 2020, the FTC received 394,280 reports of government benefits fraud, compared to just 12,900 in 2019.

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Reading the FBI IC3’s ‘2020 Internet Crime Report’

Security Affairs

The FBI’s Internet Crime Complaint Center has released its annual report, the 2020 Internet Crime Report , which includes data from 791,790 complaints of suspected cybercrimes. Data that emerged from the report are worrisome, in 2020 the reported losses exceeded $4.2 ” reads 2020 Internet Crime Report.

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The FBI’s Internet Crime Complaint Center Logs its Six Millionth Complaint

Hot for Security

The FBI’s Internet Crime Complaint Center (IC3) has been providing the public with reliable cybercrime reporting systems for 20 years. In that time, the IC3 has developed into a go-to platform for victims of fraud, online scams, identity theft, and other cyber-related crimes that have inflicted losses of over $10 billion.

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BEC Is 62 Times More Profitable than Ransomware, IC3 Finds

Hot for Security

The FBI’s Internet Crime Complaint Center (IC3) is out with its annual Internet Crime Report, revealing that Business Email Compromise (BEC) remains a lucrative affair for cyber crooks – 62 times more lucrative than ransomware. million in 2020. Losses registered in 2020 totaled $4.2 billion.”.

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State of Cybercrime 2020: FBI Report

SecureWorld News

The FBI just released its annual Internet Crime Report, and it is truly a sign of the times. The FBI notes that the Internet Crime Complaint Center (IC3) has been key to its mission to track cybercrimes. The IC3 received 791,790 complaints from the American public in 2020, the most ever in one year, with reported losses exceeding $4.1