Hey there! Worried about corporate data breaches leading to identity fraud? Don’t panic! Let’s take a closer look at how your personal data can be stolen and, more importantly, how you can protect yourself.
08 Apr 2025
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5 min. read
Let’s talk numbers. In 2024 alone, the US witnessed 3,158 reported data breaches, affecting over a billion individuals. But here’s the catch – data breaches are just the beginning. Your personally identifiable information (PII) can be at risk in various ways, making you vulnerable to identity fraud.
So, what’s on the line? Your name, address, credit card numbers, social security details, and more could be up for grabs. Once stolen, your data may be used in fraudulent activities, costing Americans a whopping $47bn in 2024 alone.
How do cybercriminals steal identities?
Identity fraud revolves around data. Cybercriminals can use various methods like phishing, digital skimming, and malware to get hold of your personal information. From phishing emails to malicious apps, the threats are diverse and ever-evolving.
Protecting yourself from identity fraud
Preventing identity fraud starts with safeguarding your personal and financial information. Strong, unique passwords, security software, and being cautious online are key steps in protecting yourself. And in case of a breach, freezing your credit and notifying relevant authorities can help minimize the damage.
Remember, by staying vigilant and taking proactive measures, you can make it harder for cybercriminals to exploit your personal data. Stay safe online!
