Fraud

The diversity of technology complicates customer authentication

Posted on Oct 09 2014 by

According to a recent 41st Parameter® study, 85 percent of consumers use online or mobile channels to conduct business.

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Survey finds consumers expect more from breached organizations

Posted on Aug 22 2014 by

As data breaches continue to attract publicity, consumers are expecting more from impacted organizations.

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Travelers need more than sunscreen to protect themselves

Posted on Jul 25 2014 by

A recent survey reveals that 30 percent of travelers have experienced identity theft while traveling or know someone who has.

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Importance of a data breach response plan

Posted on Jul 10 2014 by

A recent study conducted by the Ponemon Institute found that a data breach is among the top three occurrences that affect brand reputation, along with poor customer service and an environmental incident.

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More companies managing cyber security as a business risk

Posted on Oct 26 2013 by

The growing cost and number of data breaches has spurred more interest in cyber insurance. While companies often increase investments in technology and training programs to reduce the likelihood of a breach, a recent Ponemon Institute survey of risk-management professionals found that 31 percent of companies surveyed have cyber insurance and 39 percent plan to […]

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Fraud prevention is key to improving eligibility verification

Posted on Jul 14 2013 by

A recent survey of government benefit agencies shows an increased need for fraud detection technology to prevent eligibility fraud. Only 26 percent of respondents currently use fraud detection technology, and 57 percent cite false income reporting as the leading cause of fraud. Insufficient resources and difficulty integrating multiple data sources were the greatest challenges in preventing eligibility fraud.

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Study recommends monitoring security and privacy practices of vendors

Posted on Mar 03 2013 by

According to a recent Ponemon Institute study, 65 percent of study participants say their organization has had a data breach in the past two years involving consumer data outsourced to a third party. Most of these are preventable, as employee negligence accounts for 45 percent of data breaches and lost or stolen devices account for 40 percent.

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Turkey production grows by 2 percent in 2012 compared with 2011

Posted on Nov 26 2012 by

Six states are the top producers of turkeys: Minnesota at 46 million, North Carolina at 36 million, Arkansas at 29 million, Missouri at 17.5 million, Virginia at 17 million and Indiana at 16.5 million. This accounts for nearly two-thirds of turkeys produced in the United States as of September 2012. The average wholesale price for […]

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Data breach case study lesson: transparency

Posted on Nov 18 2012 by

According to a recent Ponemon Institute study, 44 percent of consumers who were notified about a data breach believed the breached company was hiding something. When data breaches occur, it is extremely important to be there for customers and to address their concerns. When companies hide a data breach, impacted consumers begin to suspect the […]

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Study highlights consumer perspectives on data breach notification letters

Posted on Aug 01 2012 by

Consumers want to hear about data breaches – Eighty five percent of respondents in a recent study say learning about the loss of their data is pertinent to them. However, when they do, 72 percent indicated that they are dissatisfied with the notification letters they receive. Companies need to take note of these findings because […]

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