Protecting Yourself from Scams & Data Breaches with Michael Bruemmer, Experian

Fraud, identity theft and data breaches have become part of our everyday lives. So far in 2024, there have been more than 1,300 data breaches. Last year consumers reported losing more than $10 billion to fraud, the highest dollar amount ever reported, according to the Federal Trade Commission (FTC).

Experian’s 2024 U.S. Identity and Fraud report reveals how consumers feel about cyber threats and their online footprint.

• Identity theft (84%) and stolen credit card information (80%) are consumers top online security concerns.
• People want more types of identity recognition techniques used to verify their identities.
• 70% of businesses said that AI fraud is expected to be the second greatest challenge for their business.

WITH GUEST: Michael Bruemmer, Global Data Breach Resolution & Consumer Protection, Experian

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About Retirement Results:
Welcome to Retirement Results! Each week, Ford Stokes and his team of fiduciary advisors help educate pre-retirees, retirees and business owners on ways to better protect and grow their hard-earned money.

With $34 Trillion in national debt and counting, Ford and many other economists believe that taxes are likely to increase in the future, affecting retirees for decades to come. Ford and his team will help you build a smart plan that is TAX-efficient, FEE-efficient and MARKET-efficient.