The number of data breach victims has skyrocketed in 2024, exceeding 1 billion in the first half of the year. Learn how to protect yourself if your information was compromised in a data breach.
Data breaches are incidents where confidential information, including consumer data, is stolen from companies or organizations. In the first half of 2024, over 1 billion people were victims of data breach es, a 490% increase from the same period last year. If your personal information was compromised, the affected company may notify you. It's crucial to act swiftly to protect your accounts and prevent fraud. Experian suggests six steps to take if your data is exposed in a breach. 1.
Determine the compromised data. The actions you need to take depend on the type of information stolen. Breach notification letters often specify the sensitive data that may have been compromised. Stolen sensitive information can include your name, email address, Social Security number, credit card details, and more. The risk of fraud depends on the type of data exposed. If your name and email are stolen, you might experience spam. However, if highly sensitive data like your Social Security number is compromised, you're at a higher risk for identity theft or fraudulent credit applications. 2. Secure your accounts. Start by updating passwords and PINs for accounts mentioned in the breach notification, particularly your bank and credit card accounts. Accounts directly affected by the breach are most vulnerable, but any exposure increases the risk of other accounts being compromised
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