Do you secure your online identity?

by | Oct 12, 2012 | Tech Security

Security_Oct10_ATheft has been going on nearly as long as there has been life on Earth. When the Internet was invented, theft was digitized and, one can argue, that’s where it really took off. One of the more common types of online theft revolves around criminals stealing online identities and there’s big business in people’s personal information.

In the first quarter of 2012, nearly 12 million pieces of online identification and personal information were stolen by thieves. This represents a nearly threefold increase over the same time period in 2010. A staggering number for just three months, and it’s forecasted that the number will only increase in the years to come.

With this large amount of information being stolen, the question many are asking is why is this increasing? There are a number of reasons, the biggest being that netizens are signing up for more online accounts. Take a moment to try and count the number of accounts you have online; on average people have 26. Now, think how many passwords you use for these online accounts. An overwhelming majority use five or fewer. If thieves get a hold of one password, chances are nearly 80% that they will be able to gain access to other accounts.

If you are one of the many users who use the same email for a number of different accounts, your chances of having vital private information stolen from an account breach are nearly 100%. If you’ve connected or stored copies of identification or credit cards using an account that gets hacked, there’s no stopping someone from stealing your identity.

A recent study conducted by Experian, a credit-checking company, found that 14% of identity theft victims experience refusal of loans and credit-cards, 9% have debt racked up in their name, 7% are refused phone contracts and 7% are chased by debt collectors. While potentially scary stuff, most theft can luckily be prevented. You should ensure that you use a different password for every online account, that no important information (e.g., credit card, Social Insurance, Passport, etc.) is stored online and you use a password that is hard to guess.

If you have concerns about your online security, please contact us. We may have a solution for you.

Published with permission from Source.

Related Posts

Cybersecurity Requirements for Finance Companies

Cybersecurity Requirements for Finance Companies

Cyberattacks are rising daily, and companies that offer financial services are the most targeted. As a result, such organizations must fulfill the cybersecurity requirements for finance companies to mitigate cybersecurity risk. In addition, they must protect their...

Disaster Recovery Procedures That Help With Cyber Security

Disaster Recovery Procedures That Help With Cyber Security

Cyber-attacks are becoming more common as time goes on. These attacks can have disturbing consequences without solid disaster recovery procedures. Applying a cybersecurity plan after a disaster can save your business's data operations. An effective disaster recovery...

What Are VPNs Used For?

What Are VPNs Used For?

What are VPNs used for? A VPN is a private network that encodes and transfers personal data while it trips from one place to another on the internet. Using a virtual private network to connect to the internet permits you to surf websites safely and privately. It...


Give us a call and discover how great local IT services and computer support can be!