Though the fast-moving COVID-19 pandemic caught the world by surprise, there is something ahead that our years as fraud researchers and security analysts allow us to see coming. There will undoubtedly be a wave of financial crime that follows COVID-19 for years after the public health emergency fades.

 

New government relief programs, rushed transitions to remote work, and tenuous at-home security practices form a trifecta of risk that enterprising cybercriminals will unquestioningly capitalize on – leaving a wake of devastation for millions of consumers and their financial institutions, worldwide.

 

Read more about our analysis in Payments Journal.

 

 

About Breach Clarity

 

Breach Clarity’s proprietary, machine learning algorithm instantly analyzes more than 1,000 elements to score the risk level of a data breach. Each publicly reported data breach in the U.S. receives a Breach Clarity Score on a simple numerical scale, typically from 1 to 10. Breach Clarity’s dynamic algorithm and easy-to-use interface runs on the most comprehensive source of data breaches in the U.S., maintained and updated continuously by the Identity Theft Resource Center. To learn more, or to check the score of a recent data breach, visit breachclarity.com.

 

Media Contact:
Kelly Moore (for Breach Clarity)
515-720-9670 (texts welcome)
[email protected]