The only guarantee today is that nefarious parties will continue to find new ways to infiltrate networks at financial institutions. Therefore, we must implement best practices to protect against cybersecurity incidents, as well as to resolve all possible issues that can arise should a cyberattack occur.
Identity theft is a frighteningly real concern during the holiday season as consumers shop more and cyber criminals get busy. Companies that proactively offer identity protection to cushion the full impact of a data breach on customers that are victimized will reap benefits of trust and loyalty from their customers.
Consumer trust has taken a hit over the past year. Retailers now need to offer identity protection services to regain confidence of holiday shoppers.
Your identity is something valuable and identity theft in the digital world can have real life consequences. Protection is a shared responsibility.
Equifax breach demonstrates how data breaches are getting bigger and more frequent. Is identity theft protection no longer optional in the digital age?
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