Before the Aftermath II: The Importance of Identity Protection in the Age of the Data Breach

Publisher: Generali Global Assistance

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Before the Aftermath II: The Importance of Identity Protection in the Age of the Data Breach

In 2018, there were 1,138 reported data breaches. That’s a drastic increase from the amount reported in 2005 (66.9) when data breaches began officially being tracked. The boom in tech innovation & e-commerce brought along a great deal more user data shared with and between organizations. And in the age of major data breaches, hackers have taken advantage of this surplus of consumer data: hacking remained the top method of data compromise in 2018, accounting for 39% of all breaches, exposing over 16 million consumer records. While the individual consumer is responsible for most data creation (70%), 80% of all data is stored by enterprises – organizations like yours. This whitepaper explores the evolving data breach landscape, including global & national regulations put in place to protect citizens; consumer sentiment toward identity protection; & ways companies can help protect their employees from identity fraud – offering a comprehensive identity protection service being number one.