As smartphones and wearable devices continue their exponential growth in Canada and globally – it’s expected to be worth $34 billion by 2020 – Canadians will need to be wary of the increasingly popular “Tap” payment channel (or alternative NFC wearable device) service.
Despite awareness of the need for cybersecurity, many consumers are not taking proactive steps to keep their personal information protected from identity theft.
Policy-based identity management platform Symmetry™ CONNECT from AMAG Technology ensures that only individuals with the agreed approvals and requirements have access to secure areas for the timeframe needed, helping organizations meet compliance requirements.
To combat the problem, the IRS updated its computer files to identify more fraudulent returns, and the major tax preparers have increased their security. However, as individuals’ tax returns are becoming more difficult to manipulate, thieves are taking aim at data belonging to tax return preparers and tax professionals, the payroll community, small employers and human resource departments.
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
