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Digital Identity, Security & Online Fraud

Increased use of biometrics, password managers to enhance security

Tuesday 22 October 2013 | 11:06 AM CET

Increased use of biometric security and integrated password managers will become essential as users keep facing pressure from phishers and other identity thieves who are increasingly running identity scams, John Karabin, the ANZ VP of Verizon Business unveils.

According to him, the use of PKI, smartcards and biometrics are all increasingly being used by business and government type customers.

However, the ANZ VP of Verizon also mentions that people still don't set privacy security settings on their social media services, they don't use firewalls, update patches, or change passwords and they use the same password for every single banking and online service they have.

The company’s Data Breach Investigations Report (DBIR) indicates that there were over 150,000 victims of identity theft in the UK alone in 2012, with 75 percent of all fraud identity thefts having an opportunistic nature. The DBIR also finds that 76 percent of data breaches have exploited weak or stolen passwords and credentials.
 

More: Link
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