the Fraudian Slip Podcast: Identity Theft Resource Center – 2022 Business Impact Report by ITRC

James E. Lee, Chief Operating Officer of the Identity Theft Resource Center, breaks down the findings in the 2022 Business Impact Report by ITRC

• The Identity Theft Resource Center (ITRC) recently released its annual Business Impact Report
• According to the responses, cybersecurity incidents targeting small businesses increased by 61 percentduring the pandemic years 2020 and 2021, but have dropped slightly in the past 12 months.
• Also, nearly 30 percentof small businesses lost customer trust and had difficulty responding to customer concerns. More than 40 percent of small businesses struggled to understand what happened and why it happened.
• ITRC Chief Operating Officer James E. Lee sat down and discussed the findings from the 2022 Business Impact Report by ITRC.
• You can learn more about the 2022 Business Impact Report by ITRC and other topics discussed in the podcast by visiting our company website idtheftcenter.org. You can download the report by clicking on our publications section.
• If you think you are the victim of an identity crime, call the ITRC toll-free by phone (888.400.5530) or live-chat on our webpage to speak with an expert advisor.

Below is a transcript and webinar of our podcast with James E. Lee, Chief Operating Officer of the Identity Theft Resource Center

Welcome to The Fraudian Slip, the Identity Theft Resource Center’s (ITRC) podcast, where we talk about all-things identity compromise, crime and fraud that impact people and businesses. Listen on Apple, Google, Spotify, SoundCloud, Audible and Amazon now.

Typically, on this podcast, we would introduce a topic, a guest expert, and our CEO, Eva Velasquez. However, this month, as we did last month, we are focusing on our signature Impact reports. In September, our CEO Eva Velasquez reviewed our Consumer Impact Report, that’s based on information gathered from victims of identity crimes and how those events have affected them both financially, but more importantly, non-financially.

This month, we have ITRC Chief Operating Officer James E. Lee on the podcast to talk about our companion publication to the Consumer Impact Report – the 2022 Business Impact Report by ITRC – which looks at the effect of cybercrimes on small businesses.

James presented the findings from this year’s study in a webinar which, through the miracles of technology, we have in a link below as this week’s podcast.

WATCH THE WEBINAR

You can download a copy of the ITRC’s 2022 Business Impact Report by ITRC at our website www.idtheftcenter.org/publications.

Contact the ITRC

If you think you have been the victim of an identity crime or want to avoid becoming a victim, you can speak with an ITRC expert advisor toll-free on the phone (888.400.5530), chat live on the web or send us an email during our normal business hours (6 a.m.-5 p.m. PST Monday-Friday). Just visit www.idtheftcenter.org to get started.

Be sure to join us next week for our sister podcast, the Weekly Breach Breakdown.