The combination of a lack of security awareness, the ever-growing reliance on technology and the necessity of sharing personal information online without adequate protection measures is the perfect cocktail for hackers. The question is, what can they do with your information?
Money, money, money. This is the most common and obvious way in which hackers use your personal information. They either directly funnel it from a bank account, or create new accounts under your name.
Shopping around. Hackers may also use your information to do online shopping at places like Amazon, or set up a Netflix account under your name.
Fake profiles. Your identification details could also be used by Hackers to create a fake social media profile for them to interact with other profile to gain more of your sensitive information, or get a fake drivers license made using your name.
You just got pranked. In some situations, hackers may use stolen information from a dating profile or social media commentary that you may have posted in order to embarrass or prank you in some other way.
Doxxing. This means to release personal information about your identity that could put you in grave danger. Hackers can use your info to send you hate mail, harass you on the phone or even visit you at your home over commentary that you may have made online or a certain political view that you may have been vocal about.
This is why using a platform based on maximum security foundations, such as LifeReady, is imperative. LifeReady's platform is built using patented encryption technology to not only offer superior organisation of your sensitive information (including digital account login information) but offers real-time data protection measures and updates.