Identity theft and fraud are increasing concerns for Americans and in recent years, significant data breaches have comprised the personal information of many. A recent study by the personal finance website WalletHub shows Georgia is among the most vulnerable states. Analyst Cassandra Happe.
In 2023, more than 2,600 organizations, including the University System of Georgia, were impacted by a data breach of the MOVEit file transfer platform. Happe says consumers are becoming more vulnerable to fraud.
U.S. consumers reported losing 30% more money due to fraud in 2022 compared to the previous year. Happe says individuals can help themselves by being selective about sharing their information, monitoring their accounts, and signing up for credit monitoring.
