Fintech News

IDStrong Warns Against Second Wave of Cyberattacks

IDStrong Warns Against Second Wave of Cyberattacks

As the country teeters on the brink of the predicted second wave of COVID-19, IDStrong, a premier credit and identity theft monitoring company, is issuing a call to action against a parallel second wave of scams and cyberattacks.

Read More: M Financial Group Licenses FAST Software to Enable New Digital Ecosystem for Member Firms

From Zoombombing to unemployment scams, Americans faced an onslaught of cyberattacks as shelter in place orders began to take hold in March. For the most part, individuals and companies acted quickly to tighten security. But just as mask-wearing and social distancing practices are starting to slip, so too are security practices, leaving consumers as vulnerable as ever.

“Officials have warned that a second wave of infections is coming, and I contend that two forces will collide to create a concurrent second wave of cyberattacks,” said Levon Gasparian, CEO of IDStrong. “The first is that renewed shelter in place orders – and their consequential impacts on lifestyle and the economy – will create new opportunities for scammers. The second is that Americans’ general fatigue with restrictions and precautions has allowed us to let our collective guard down. This combination makes the environment ripe for new scams.”

Read More: Healthfully and Paya Deliver Expanded Patient Care and Payments Through New Partnership

Related posts

Wolters Kluwer Adds CCH Axcessâ„¢ AutoCheck to its Integrated Audit Solution Set

Fintech News Desk

Tyl by NatWest Partners With Discover Global Network to Increase Card Acceptance Options

Fintech News Desk

Blox & Sovos Discover Deep Challenges for Cryptocurrency Tax Reporting and Compliance

Fintech News Desk
1