In my prior post on protecting yourself from cybercriminals, I shared steps you can take to stay ahead of fraudsters trying to use your personal data against you and steal your identity. While all of those actions should be used to protect yourself, there is one action I recommend you consider implementing now:
Create a fraud alert or freeze access to your credit reports.
Continue reading “How to protect your credit reports”Financial damages from cybercrime are growing at an alarming rate. The total global impact of cybercrime to individuals, businesses, and governments in 2023 was estimated to be an astounding $11 trillion, and is expected to cost the global economy more than $20 trillion by 2026. In the U.S alone, the FBI recorded more than 880,000 cybercrime complaints by individuals with potential damages totaling $12.5 billion in 2023, up from $3.5 billion only four years ago. By some estimates, roughly one-third of U.S. residents have experienced some form of identity theft and that figure is expected to rise.
Continue reading “Protecting yourself from cybercriminals”
