Microsoft’s fake bank scam is representative of a growing industry issue: identity fraud is on the increase and there is currently no linked up thinking or process in place to deal
with it.
This example serves to highlight the fact that a new global regime is now imperative in order to secure our identities and protect our personal details.
It’s not only Microsoft stressing this issue; the BBC’s series on ‘Identity’ is also throwing the topic of fraud and identity theft into the living rooms of millions of UK consumers.
This problem isn’t just going to go away; if anything, it’s going to get worse especially as we get more mobile and more tech-savvy. These new channels have the potential to provide fraudsters with greater opportunity for security breaches. As a result we’re
now in need of more effective safety measures that not only protect our identity and fit in with our increasingly mobile lifestyles, but that can also take us one step ahead of the fraudsters and that will stand the test of time.