On January 28, the world will observe Data Privacy Day, the signature event in a greater privacy awareness and education effort that focuses on helping consumers own their online presence.
For Financial Institutions (FIs), the need to protect account holders’ Personally Identifiable Information (PII) has never been greater. PII that leads to fraudulent access of financial accounts is a favorite target of cyberthieves, and that puts FIs in the crosshairs constantly. This unwanted attention from cybercriminals costs financial services firms an average of $18 million per firm to remediate, which is 50 percent higher than in other industries, according to Forbes. Continue reading
As smartphones, tablets, and laptops have become increasingly intertwined with our daily lives, they’ve become a more integral part of our work lives too. The majority of companies have adopted policies that empower employees to use their own devices for work versus only having company-issued devices.
Welcome to the world of BYOD (Bring Your Own Device), fueled by the larger trend around the consumerization of IT. This shift means that consumer technology is now influencing business processes, whereas the opposite was once true. The statistics tell a compelling story: Continue reading
In a world saturated with millennial-focused advertising, financial institutions are turning a blind eye to a very important demographic group: baby boomers. Many financial institutions place boomers in the bubble of anti-technology and dwindling funds. Not only are these stereotypes problematic, they can lead to a substantial loss in potential business. Continue reading
Javelin Strategy & Research recently named EZShield an Identity Protection Leader — earning their highest recognition for identity theft resolution services among many other identity protection providers.
The announcement came as part of Javelin Strategy & Research’s Identity Protection Services Scorecard. The annual report highlights leaders in identity protection, current fraud trends and changing consumer needs.
Data Privacy Day is right around the corner! This international celebration occurs on January 28 and promotes advocacy for privacy and data security awareness — particularly the protection of personally identifiable information (PII).
EZShield is proud to be a Data Privacy Day Champion. And in doing our part to promote this event, it seemed like the perfect opportunity to get #PrivacyAware with a transparent analysis of the current data security landscape and derive learning lessons as we move ahead. Continue reading
As we round out the current year, the data security world is buzzing with year-end reports and data security predictions for 2017.
From cybercrime to payments fraud — identity crimes took a dramatic turn in 2016. This year-end data paints a telling story of the state of data security. Some changes were for the best, others for the worst. However, there are a few qualitative findings that offer even more insight into the future. Continue reading