defend-id | blog
Insights & developments in Identity Protection
What is a Credit Score?
Most of you have heard of it, but what is a credit score? The most widely used scoring model in the United States and Canada is the FICO credit score. Developed in 1956 by a company called Fair, Isaac & Company (FICO), this model is designed to determine how...
Businesses Struggle with Rising Cases of Identity Theft
Each year your businesses struggle with rising cases of identity theft and it's affecting everything. ID Theft can be detrimental to your employees, productivity, your reputation, revenue, and profit. You take all the necessary measures to secure your systems and...
Synthetic ID Theft & Fraud to get WORSE
In August 2014, I wrote an article for the Arizona Republic titled Synthetic Identity Fraud Emerges As Growing Threat. In the article, I pointed to the fact that synthetic ID Theft & Fraud is getting worse. Stating that “synthetic identity theft and fraud often...
Cyber Threat Landscape Will Get Worse Part 2…
Last November I wrote an article titled The Cyber Threat Landscape Will Get Worse Before It Gets Better. I wrote that article based on how information security and governance experts were alarmed at a “broken cyber market” and how cybersecurity professionals believed...
Tax & Unemployment Fraud at Epidemic Levels
The Criminal Investigation Division of the Internal Revenue Service (IRS) announced in its annual report that they “uncovered $2.3 billion in tax fraud during the 2020 fiscal year”. (IRS Releases Annual Report Identifying $2.3 Billion in Tax Fraud). These numbers put...
ID Theft Protection Market Outlook
The id theft protection market outlook is anticipated to achieve a Compound Annual Growth Rate (CAGR) of 13.06% during the period of 2020-2028. The "Global Identity Theft Protection Services Market Outlook 2028" report from ResearchAndMarkets.com's is out. Identity...