February 2021

February 9, 2021

ID Theft Protection Market Outlook

The id theft protection market outlook is anticipated to achieve a Compound Annual Growth Rate (CAGR) of 13.06% during the period of 2020-2028. The “Global Identity Theft Protection Services Market Outlook 2028” report from ResearchAndMarkets.com‘s is out. Identity Theft Protection Services refers to varying services giving people protection and peace of mind against identity theft and fraud. Services can include credit monitoring, ID theft monitoring, and other services that help you if you been targeted. Factors of growth. Factors such as the increasing occurrences of cybercrime and identity thefts around the globe, backed by the growing utilization of electronic identity and other advanced technologies are anticipated to promote the growth of the identity theft protection services market. Additionally, increasing concerns for cyber crimes and identity thefts that has increased significantly in recent years. These, along with the fear of mishandling important data, is raising the need to increasingly adopt identity […]

February 5, 2021

Breached Records Skyrocketed in 2020

Brian Thompson Breach, Identity Theft

According to a recently released report by Risk Based Security (2020 Sees Huge Increase in Records Exposed in Data Breaches), “the volume of publicly disclosed data breaches fell by 48% in 2020 compared with the previous year, leading to 3,932 in total.” That’s the good news. But the total number of breached records skyrocketed in 2020. “…the volume of records that were compromised by these breaches jumped by 141% to a whopping 37 billion records. This was the largest number ever seen by Risk Based Security since 2005.” That’s the bad news. Security experts say this can be explained by criminals getting more targeted in their efforts. Now they are focusing on ransomware and business email scams which require little data to be successful. The staggering increase in breached records can be also be attributed to the COVID-19 pandemic. Many organizations were forced to relax their security policies. Businesses for […]