In a landscape saturated with staggering statistics, the need for innovative solutions to safeguard against the usage of stolen identities becomes more pronounced.
The gravity of identity-related crimes is illustrated by the Identity Theft Resource Centre's annual report, disclosing a record 3,205 data compromises in 2023, marking a seismic 78% increase from the prior year. These breaches facilitated hackers in gaining unauthorised access to the personal information of millions of consumers.
