Latest FIDO Alliance News
Jan 13, 2022
Share The release of the Annual Data Breach Report supports the Data Privacy Week 2022 initiative to educate businesses on data collection best practices that respect data privacy and promote transparency The Identity Theft Resource Center (ITRC), a nationally recognized nonprofit organization established to support victims of identity crime, announced its commitment to Data Privacy Week 2022. The ITRC supports the principle that all organizations share the responsibility of being conscientious stewards of personal information. As part of Data Privacy Week 2022 on January 24-28, the ITRC will unveil the 16th edition of our Annual Data Breach Report, supported by Sontiq, a TransUnion company, at 11:30 a.m. EST/8:30 a.m. PST on Monday, January 24 at the two-day virtual Identity, Authentication, and the Road Ahead policy forum presented by the Better Identity Coalition (BIC), FIDO Alliance and the ITRC. The policy forum will bring together leaders from government, industry and nonprofits to discuss important identity-related topics. The 2021 Annual Data Breach Report will explore fundamental shifts in the root causes of identity-related crimes. “It’s important to educate businesses on the benefits of respecting data privacy and protecting personal information,” said Eva Velasquez, President and CEO of the Identity Theft Resource Center. “Just as it’s vital that we educate consumers on how to protect their personal privacy and information.” “The ITRC is honored to take part in Data Privacy Week 2022 and bring awareness to the importance of data collection best practices for businesses,” said Eva Velasquez, President and CEO of the Identity Theft Resource Center. “The number of data compromises is far too high. It is important to educate businesses on the benefits of respecting data privacy and protecting personal information, just as it’s vital that we educate consumers on how to protect their personal privacy and information.” Data Privacy Week 2022 is an expanded effort from Data Privacy Day that generates awareness about the importance of privacy, highlights easy ways to protect personal information, and reminds organizations that respecting privacy is good for business. This year, we encourage individuals to learn more about how to manage and protect their valuable online data. We also encourage businesses to respect customer data and learn about the responsibility they hold for keeping individuals’ personal information safe from unauthorized access and ensuring fair, relevant and legitimate data collection and processing. According to a Pew Research Center study, 79 percent of U.S. adults report being concerned about how their data is being used by companies. As technology evolves and the COVID-19 pandemic continues to influence how consumers interact with businesses online, data collection practices are becoming increasingly unavoidable, making it imperative that companies be open and honest about how they collect, use and share consumers’ personal information and communicate their policies clearly and concisely.