F-Secure, a Finnish cybersecurity and privacy company, has launched ID PROTECTION, a new solution that can help secure personal information and accounts
F-Secure ID PROTECTION continuously monitors and detects exposed personal information online, responds quickly to threats to users’ identity, and doubles as a password manager to prevent account takeovers.
Using F-Secure’s understanding of the mindsets and methods of attackers, this solution provides a combination of human intelligence and real-time monitoring which helps track breached data.
Perttu Tynkkynen, vice-president, consumer sales and marketing at F-Secure, said, “When your data leaks, it could end up for sale on the Dark Web within months, putting you on combo lists that could make you an easy target for advanced attacks.
“Armed with your credentials, online criminals can then easily take over your online accounts and start ordering goods with your credit card. This can happen even before the news of the breach goes public.”
A new F-Secure survey finds that nearly four out of 10 users (37 per cent) are aware of at least one data breach involving an online service they are using. Survey participants reported averaging 18.1 accounts.
Because 41 per cent say they reuse the same password on multiple accounts and 56 per cent use the same password with slight variations on multiple accounts, one leaked credential could quickly lead to more than a dozen broken accounts.
Despite this lack of security precautions, nearly two in three Internet users (65 per cent) report they’re worried or very worried about someone stealing their identity for online purchases or loan fraud.
“Coming up with a strong, unique password for one password is tough – creating and remembering almost 20 strong, unique passwords is almost impossible, and even if you do everything right, your online services can still be breached,” said Tynkkynen. “This pervasive risk demands a new approach to securing personal data online, hardening your identity and accounts, and alerting you whenever your personal data is found in the wild.”
