Identity theft is turning out to be the next cybercrime of the 21st century. With double-digit growth in the rates of identity theft in the US, the time has come to take precautions. But, before we delve more into identity theft, let us know a little bit more about it. Identity theft is the act of stealing someone else’s details like name, bank credentials, identity details and carrying out suspicious activities over the internet. There is no limit to the crimes that can conduct with identity theft. To fight such identity thefts, people have been switching to VPN. As per the survey, more than 30% of people have decided to switch over to VPN for personal security.
Moreover, how do you think the pandemic has accelerated the use of VPN?
Let us analyze it a bit more.
Impact of the pandemic on the use of VPN
Pandemic has seen people rushing back to their homes, taking their work in their backpacks. Isn’t it a security concern in itself for the organizations that their data might be under threat of being stolen?
It is where VPN comes into play!
While surfing from the safe couches, you don’t want your organization’s details to be exposed.
The US has seen a week-to-week rise of 124% in VPN usage during the pandemic. VPN benefits you by not only saving your identity but also ensures that you are not scammed online.
Giving you a new search location, you can bypass the security settings of your site, thus helping you access blocked links as well!
What does the future hold for VPN?
The future only seems bright for VPN. With the changing trend towards acceptance of VPN, not only in personal but professional space, VPN has gained enormous popularity.
With more than 32% of people using the VPN regularly, it is essential to tap the growing market. Moreover, the WFH opportunities have accelerated technological growth by 10-15 years.
What the organizations have understood is the ROI for using VPNs. With the accelerated ransomware and DDOS attacks, there is a chance of monetary damage.
To prevent such damages, VPN is getting a priority in the era of Industrial Revolution 4.0.
With the BYOD adoption not showing positive results in data security, it is getting the needed acceptance.
Organizations claim that 65% of the data is at risk after the adoption of BYOD. With the lack of security against malware, BYOD is becoming the nail in the coffin for data security in significant enterprises.
With all these problems factored in, VPN seems to have a pretty excellent future growth prospect.
It brings forward the advantages which can replicate if put to use in the organization. But, certain downsides like reduced productivity, higher infrastructure costs, and malicious intentions by hackers need to address for complete acceptance.
With the growing technology and the increasing data-privacy issues, it has become the necessity for bustling enterprises that can’t replace!