According to findings from cybersecurity firm Gemalto, one billion data records were compromised around the world by more than 1,500 data breaches in 2014. Even more shocking, the rate of data breach occurrences rose 49 percent and the amount of data stolen increased 78 percent, in comparison to 2013. Financial information access was not the main target of 2014’s data breaches, accounting for just 17 percent. Instead, hackers turned their attention to identity theft, accounting for 54 percent of the data compromised. While the decrease in finance-related theft seems promising, the increase in identity theft is a frightening outcome for everyday consumers. “Identity ... Read More
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