Too Good to Be True? That Could be an Identity Theft Scam

In an exclusive interview with The Cyber Express, Acronis CISO Kevin Reed discussed identity theft, the risk it poses, prevention and beyond.

Identity theft continues to be a major cause of concern as hackers are finding new ways to exploit the information.

Over the years, identity theft reported cases noted a steep rise, more so during the Covid-19 pandemic, where cybercriminals utilized the panic and uncertainty to their advantage.

According to a Javelin Strategy & Research ‘Identity Fraud Study: The Virtual Battleground’, in 2021 alone, over 15 million US consumers fell prey to traditional identity fraud with losses amounting to $24 billion (USD).

In an exclusive interview with The Cyber Express, Acronis CISO Kevin Reed discussed identity theft, the risk it poses, prevention and beyond.