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The Identity Theft Resource Center s 2021 Consumer Aftermath Report Reveals Impacts on COVID-19 Identity Crime Victims

Identity Theft Resource Center® Reports 564 Percent Increase in Individuals Impacted by Data Compromises in Q1 2021

Identity Theft Resource Center® Reports 564 Percent Increase in Individuals Impacted by Data Compromises in Q1 2021 Share Article While the number of data compromises is only up slightly (12 percent increase in Q1 2021), individuals impacted is on a steep rise due to more supply chain attacks in 2021 The Identity Theft Resource Center recorded a 564 percent increase in the number of individuals impacted by a data breach in Q1 2021. “Supply chain, phishing, and ransomware attacks reflect a broader trend that cybercriminals want to exploit multiple organizations through a single point-of-attack, said Eva Velasquez, president and CEO of the Identity Theft Resource Center. SAN DIEGO (PRWEB)

Unemployment Benefits Fraud Could Top $200 Billion

Unemployment Benefits Fraud Could Top $200 Billion Share Article ID.me CEO tells the Identity Theft Resource Center® on the monthly “The Fraudian Slip” podcast that unemployment benefits fraud could top $200 billion. ID.me CEO tells the Identity Theft Resource Center on the monthly “The Fraudian Slip” podcast that unemployment benefits fraud could top $200 billion SAN DIEGO (PRWEB) March 05, 2021 Today, the Identity Theft Resource Center® (ITRC), a nationally recognized nonprofit organization established to support victims of identity crime, released a new episode of The Fraudian Slip where ID.me Founder and CEO Blake Hall says he believes unemployment benefits fraud could top $200 billion (14:45 mark in the podcast). ID.me provides identity verification services to a majority of states in the wake of the unprecedented level of identity-related unemployment benefits fraud.

Identity Theft Resource Center® s 2020 Annual Data Breach Report Reveals 19 Percent Decrease in Breaches

Identity Theft Resource Center®’s 2020 Annual Data Breach Report Reveals 19 Percent Decrease in Breaches Share Article In 2020, the number of individuals impacted by a data breach was down 66 percent from 2019; cybercriminals continue to shift away from mass attacks seeking consumer information and towards attacks aimed at businesses using stolen logins and passwords. The ITRC’s 2020 Data Breach Report shows that the number of individuals impacted is down 66 percent from 2019. It is vitally important that we adapt our practices, and shift resources, to stay one step ahead of the threat actors, said Eva Velasquez, president and CEO of the Identity Theft Resource Center.

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