InsurTech Center

Instant Insights / Identity theft & protecting personal data

There are no shortage of opportunities for hackers and other fraudsters to gain access to personal and financial information throughout the year, but the holidays seem to magnify them because of the increases in shopping, entertaining and travel.

Research

Surge in hacked credit-card information offered for sale on web

Insurance companies and banks will probably see increased losses this year, according to cybersecurity firm, IntSights.

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(Bloomberg) – The number of hacked U.S. credit cards whose information was offered for sale to other criminals on the dark web jumped by about two-thirds in the first half of this year, according to a cybersecurity research firm.

Jayleen R. Heft

Jayleen Heft is the digital content editor for PropertyCasualty360.com. Contact her at jheft@alm.com.

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