Cybercrime is on the rise. Last year, the FBI Internet Crime Complaint Center reported more than 300,000 complaints. And although many people equate data breaches with large corporations, individuals are often targeted as hackers try to steal personal information or money.
According to a national University of Phoenix survey, 43 percent of US adults said that they have experienced a personal data breach in the past three years. Despite the increasing amount of cybercrime, the survey also found that many adults admitted having a few “bad online habits”, including using the same passwords across multiple accounts (41%) and allowing social media sites and apps to access personal information (31%).
Dennis Bonilla, of University of Phoenix talks about the potential cost of trading convenience for security.He discusses how being hyperconnected provides a larger target for cybercriminals.