Several high profile events throughout the year have kept the spotlight on the issue of data exposures, especially those where millions of consumers information was obtained by malicious hackers. Although the information involved, emails and passwords, does not rise to the level of a “personal identifying information” (PII) breach, it is definitely troubling that such a large number of consumers may become targets of phishing and related attacks, which do attempt to get consumers PII.
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.
It can be unnerving to be told that your information has been compromised in a data breach. The uncertainty of not knowing all the details and the anxiety over what information has been exposed is deeply troubling to many consumers. A breach notice makes us aware of a new risk to our lives that we can’t measure easily.