With the flood of online shoppers comes the accompanying tidal wave of fraudsters washing over the cheerful holiday landscape. Hidden behind the online mistletoe, cyber-thieves lurk with seasonal scams, virtual Scrooges with plans to spoil holiday shopping for consumers and retailers.
According to a new report by British insurance firm Willis Group Holdings, insurance claims for data theft worldwide jumped 56% last year, with the largest share of those attacks – 38% – targeting hotels, reports and tour companies.
Why are hackers increasingly making themselves at home in the hospitality sector?
It is a cruel irony that service members who defend our country by fighting abroad are often most at risk from the threat of identity theft at home. Frequent deployments, relocation and the unique demands of military life create vulnerabilities for fraudsters to exploit, and military personnel can remain unaware that they have been targeted long after a crime has been perpetrated.
Data breaches may conjure images of malicious hackers and global cyber gangs, but often the worst breaches come at the hands of a company’s own employees.
The Ponemon Institute’s recently released “Second Annual Cost of Cyber Crime Study” confirms that data breaches have become a more frequent and damaging hazard of business.
Everywhere you turn these days there’s word of a new data breach. In the course of our lifetime, our “personal identifying information (PII)” is shared with hundreds of companies, governmental agencies, educational facilities, businesses and health care providers. What can a consumer do to protect their sensitive personal information?
The steady drumbeat of recent data breaches has called significant attention to the security vulnerabilities of even the world’s biggest corporate brands and defense organizations. These incidents have spotlighted the need for improved breach prevention measures.
A recent Federal Trade Commission discussion, “Stolen Futures: A Forum on Child Identity Theft,” presented a valuable opportunity to galvanize industry experts and public leaders around this increasing privacy threat.
Cloud services that handle enormous amount of data amongst consumers and corporate clients are a big target of fraudsters.