The Rise of Cybercrime and Crime Levels to Soar by 40%

By   ISBuzz Team
Writer , Information Security Buzz | Sep 28, 2015 07:00 pm PST

You may have seen news that crime levels are predicted to soar by 40%, when the new estimates around the scale of fraud are to be included in official statistics for the first time. New statistics will be published which capture victim’s experience of cybercrime and identify theft in particular. With the rise of the internet, the nature of crime has changed significantly and individuals must be educated on how to thoroughly protect their identities online. Hans Zandbelt ,senior technical architect at identity commented on why two-factor authentication and replacing passwords is but one crucial element in the effort to protect our identities online.

[su_note note_color=”#ffffcc” text_color=”#00000″]Hans Zandbelt, Senior Technical Architect, Ping Identity :

“Yet again, we are increasingly seeing how passwords are simply no longer fit for purpose—and more worryingly, make businesses and individuals more vulnerable in the age of online hacks and cybercrime. Online Fraud is on the rise in the UK partly because it is so easy for criminals to target large numbers of victims by bypassing password security measures. The future for secure and seamless authentication must be multi-factored and tailored to the user. Two-factor authentication that centres on a user’s identity is the key to bolstering online security- the industry is already making strides in harnessing this technology, whether its logging onto your smart phone or tablet with fingerprints, heartbeat sensors- even emojis. The key is remembering that identity must be at the heart of the login process to ensure the safety and security of personal and business data.”[/su_note][su_box title=”About Ping Identity” style=”noise” box_color=”#0e0d0d”]Ping IdentityPing Identity is the leader in Identity Defined Security for the borderless enterprise, allowing employees, customers and partners access to the applications they need. Protecting over one billion identities worldwide, the company ensures the right people access the right things, securely and seamlessly. More than half of the Fortune 100, including Boeing, Cisco, Disney, GE, Kraft Foods, TIAA-CREF and Walgreens, trust Ping Identity to solve modern enterprise security challenges created by their use of cloud, mobile, APIs and IoT.[/su_box]

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