People who identified themselves in a survey as “tech savvy” were 18 percent more likely to be victims of online identity theft. In addition those who said they had Ph.Ds were more frequently victims than high school graduates
Fraudsters’ methods continually evolve to counter new fraud protection measures and with personally identifiable information, they could steal a customer’s identity or create a synthetic identity. Once a fraudster captures this information, if they are able to access a customer account or open an account, it creates a nightmare scenario with significant repercussions for the business and the customer.
Fifty-four percent of respondents in The Global Study on the State of Payment Data Security, conducted by the Ponemon Institute on behalf of Gemalto, have had a security or data breach involving payment data an average of four times in the past two years.
Millennials like smartphones, online banking, selfies and… security? The security industry is in need of millennials’ talent and innovation, but it’s necessary to adjust expectations and support to get the most out of this new workforce. The Leadership Issue of Security includes insight into millennials’ career strategies, data breach response planning, hospital security & more.