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November 30, 2022
Big Data

The Trend of Identity Theft and Why It’s More Serious Than You Think

According to research from Identity Theft Resource Center (ITRC), reported cases of identity theft fell by 33% in the first half of 2020 compared to 2019. This is due in part to financial institution measures, like EMV chip bank cards, and heightened public awareness of online data and privacy concerns. However, the ITRC also believes that cybercriminals may resume their efforts with updated databases, as many cybercriminals have been using stolen credential databases dating back to 2015. Threat actors could return to traditional attack patterns to update their identity information databases to commit fresh waves of future attacks. According to…
The Trend of Identity Theft and Why It’s More Serious Than You Think

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