TEISS: Swisscom data breach compromised personal details of 800,000 Swiss subscribers

February 8, 2018 — Swisscom data breach compromised personal details of 800,000 Swiss subscribers

Lisa Baergen, Director at NuData, comments on a report issued yesterday by TEISS disclosing that personal details of as many as 800,000 Swiss citizens, roughly 10 percent of Switzerland’s population, were compromised last year after mobile phone operator Swisscom suffered a massive data breach.

Protecting data from breaches is becoming increasingly challenging. The millions of personal data records exposed only in the last months put all companies at risk of account takeover fraud. To turn it around, companies can implement intelligent ways to authenticate their customers. It is not enough to verify users by their personally identifiable information (PII) to access an online account, as this is so widely available – and low cost.
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