While many might see having a credit card stolen as identity theft, this is an oversimplification that can prove dangerous. While credit card theft can be an element of identity theft, equating the two means that other forms of identity theft are overlooked. In today’s blog, we’ll go over why identity theft and credit card theft aren’t exactly the same thing, and what you can do to help keep your business safe from damage.

On average, how many people do you think are affected by identity theft? According to the United States Bureau of Justice, about five percent of its population; about 11.7 million people, are victims of identity theft. Their methods might vary, but the one thing that all victims have in common is that they hold information that presents value to hackers. Among these victims could be a few that hit close to home: your employees.

If we told you that automated teller machines, or ATMs, were susceptible to hacking attacks, would you believe us? You should; there are a plethora of ways for hackers to infiltrate and steal money from ATMs, with the latest being so dangerous that even the Secret Service has issued warnings about it.