{"id":4628,"date":"2013-04-16T19:27:00","date_gmt":"2013-04-16T19:27:00","guid":{"rendered":"https:\/\/leap.staging.ribbitt.com\/evs\/identity-theft-soon-to-surpass-traditional-theft\/"},"modified":"2013-04-16T19:27:00","modified_gmt":"2013-04-16T19:27:00","slug":"identity-theft-soon-to-surpass-traditional-theft","status":"publish","type":"post","link":"https:\/\/leap.staging.ribbitt.com\/evs\/insights\/identity-theft-soon-to-surpass-traditional-theft\/","title":{"rendered":"Identity Theft Soon to Surpass Traditional Theft"},"content":{"rendered":"

Identity theft is growing, and its growing fast. With the
\namount of business that is conducted online, there is no wonder why identity
\ntheft has become such a big business yes, a business. Identity
\ntheft<\/a> has become so easy to conduct that it has become a business all on
\nits own. Monica Hamilton of McAfee, stated that millions of credit card numbers
\nare being put up for sale, anywhere from $10-$50. Hamilton estimated that the
\nnumber of programs written to steal personal information is around 130 million.
\nThats 130 million plus ways a hacker can take personal information and use it
\nfor fraudulent reasons. And consumers are not the only ones to lose here;
\nbusinesses can lose big as well. Even if the business itself does not incur any
\nlosses, there can be lose in lawsuits and resources used to reconcile the
\nissue. One of reasons why finding resources to help prevent online
\nfraud<\/a> is so difficult is because online fraud is still a fairly new
\npractice and traditional security is\/was not trained to protect against it.
\nOnline fraud and identity theft are prevented very differently than traditional
\nsecurity and deserve separate precautions.<\/p>\n

<\/p>\n

Online identity theft, and all online
\nfraud<\/a> for that matter, is often more difficult to detect than other forms
\nof fraud. And when companies do experience online fraud, they sometimes find it
\npricey and time consuming to investigate and sweep the issue under the rug.
\nCompanies will compensate appropriately and go about business per usual, and
\nthis then leaves the window open for the fraud to occur again. This is not
\ncompletely an act of negligence; its more often an act of being under
\neducated. Online fraud can range from a simple social
\nmedia hacking<\/a> to total identity theft that is used to get a new job and
\nfile for a mortgage. Because this range it so great, its hard to be fully
\neducated on the risks and preventative measures. Companies need to take the
\ntime and use the resources needed to learn about online fraud prevention, a
\nsolution may be more affordable and feasible than a business may think. Taking
\nthe first step to learn more about online
\nfraud prevention<\/a> can save a company a lot of money and their reputation.<\/p>\n<\/p>\n

[Contributed by EVS marketing]<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Identity theft is growing, and its growing fast. With the amount of business that is conducted online, there is no wonder why identity theft has become such a big business yes, a business. Identity theft has become so easy<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[36],"tags":[],"class_list":["post-4628","post","type-post","status-publish","format-standard","hentry","category-identity-theft"],"acf":[],"_links":{"self":[{"href":"https:\/\/leap.staging.ribbitt.com\/evs\/wp-json\/wp\/v2\/posts\/4628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/leap.staging.ribbitt.com\/evs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/leap.staging.ribbitt.com\/evs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/leap.staging.ribbitt.com\/evs\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/leap.staging.ribbitt.com\/evs\/wp-json\/wp\/v2\/comments?post=4628"}],"version-history":[{"count":0,"href":"https:\/\/leap.staging.ribbitt.com\/evs\/wp-json\/wp\/v2\/posts\/4628\/revisions"}],"wp:attachment":[{"href":"https:\/\/leap.staging.ribbitt.com\/evs\/wp-json\/wp\/v2\/media?parent=4628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/leap.staging.ribbitt.com\/evs\/wp-json\/wp\/v2\/categories?post=4628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/leap.staging.ribbitt.com\/evs\/wp-json\/wp\/v2\/tags?post=4628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}