As the cost of cybercrime is projected to soar to $9.5 trillion in 2024, individuals must prioritize protecting their personal information. Data breaches are becoming increasingly common, with hackers accessing sensitive data from organizations and exploiting it for financial gain. Michael Bruemmer, a data breach resolution expert from Experian, emphasizes the importance of vigilance and proactive measures in safeguarding personal information. Warning signs of a breach include unrecognized charges, unexpected credit checks, and unfamiliar bills. Upon receiving a breach notification, prompt action is crucial—utilizing offered credit monitoring services and considering credit freezes can mitigate risks. To enhance personal security, individuals should use unique passwords, enable multifactor authentication, and be cautious with public Wi-Fi. Regularly monitoring credit reports is essential to detect any unauthorized activity. Experian offers tools and resources to assist individuals in protecting their identities and navigating the complexities of identity theft.
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