If Data Breaches Are Inevitable, How Can Consumers Protect Their Identity?

Cybercrime risk in Australia isn’t just increasing – it’s exploding at an almost exponential rate. As reported by the ABC, recent ACCC data shows that Australians lost more than $47 million per month from January to September this year, based on reports to the government body. That’s a 90 per cent increase in losses compared with the same period last year. With just 13 per cent of victims reporting their losses, the actual losses to cyber crime are likely to be vastly higher. That jump in cyber crime also came before the multiple high-profile data breaches at large organisations that have occu…

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