This past year saw a record number of reported data breach events and the Identity Theft Resource Center projects that financially motivated hacker and nation-state threat actors could drive identity crimes to even higher levels in 2024.

The above slideshow highlights the companies involved in the 10 biggest reported data breach events during the past year, according to the ITRC's 2023 Data Breach Report.

While the prospect of back-to-back years of record-setting data breaches, and their accompanying instances of ID theft is startling, there are solutions that can reduce the chances of 2024 being another record-setting year. Among potential solutions are more uniform notification requirements and digital credentials, according to James E. Lee, chief operating officer for the ITRC.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]