The report by Rocky Scopelliti, Executive at Telstra Global Enterprise Services reveals that thirty-eight per cent of consumers studied across seven countries had been directly or indirectly impacted by identity theft. Forty-five per cent of financial institutions suffered economic crime, with incidents reportedly rising by eight per cent and the costs of security incidents jumping twenty-four per cent in 2014.
Read the full report here – http://www.telstraglobal.com/images/mobile-identity/mobile-identity-whitepaper.pdf