Infographic: SecurityCoverage Reveals Shocking Password Theft Rates

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Mobile and desktop security company fights against escalating levels of online password theft

Password Genie

In Q1 of 2012 alone, 12 million pieces of personal information were sold illegally, up almost 20% from the 9.5 million in Q1 of 2010.

SecurityCoverage, a leader in mobile and desktop computing security and technical support, is providing Internet users the tools they need to safely surf the Internet. With recent trends showing an alarming increase in identity theft and unauthorized file access, SecurityCoverage has optimized their software to protect the active mobile-user with their Mobile Suite of Android applications.

In Q1 of 2012 alone, 12 million pieces of personal information were sold illegally, up almost 20% from the 9.5 million in Q1 of 2010. Furthermore, there has been a 67% increase in the number of data breaches in general since 2010, while owners of smartphones were more likely to be victims of identity fraud than their non-smartphone owning counterparts. Most troublesome perhaps, is that 72% of reported victims of identity theft did not know the source of the crime, leaving the possibility of additional data hacking open without preventative measures.

In order to educate people about password theft, SecurityCoverage has released an infographic that demonstrates the frequency and severity of recent online password theft, specifically showcasing data that pertains to smartphone users. SecurityCoverage hopes to make both desktop and mobile users’ online experiences safer by informing them about the prevalence of password theft and providing convenient and secure services to avoid it.

SecurityCoverage’s Password Genie mobile and desktop application provides password protection on multiple levels. It allows users to save all usernames and passwords in one safe location using industrial-strength encryption and security. Users can sync mobile and desktop versions of Password Genie and access them from work, home, or on the go. Password Genie is also quite intuitive in that it organizes data by categories and creates personal folders, automatically remembers logins and passwords for stored sites, bookmarks users’ favorite sites, auto-launches web pages, and allows one touch registration using a Google ID.

“There’s no way to control every web-based service out there, but our apps mitigate the damage should a third party site be breached,” said SecurityCoverage CEO Robert O’Dell. “We give people a simple way to protect themselves, letting them confidently use all of the great features of their smartphone.”

Offering three diverse web-based and mobile applications, Password Genie, SecureIT, and FileHopper, SecurityCoverage allows users to securely access their confidential information, surf the web worry free, and download files from their secure, cloud-based account with ease.

About SecurityCoverage

SecurityCoverage, Inc. provides fully managed, fully supported, mobile and desktop computing security and technical support services to individual users through a partnership group of ISPs, telecommunications and cable companies, and wireless providers across the nation. Based in Cedar Rapids, Iowa, the privately-owned company offers Internet security protection, online data backup, password management, virtual PC repair, and help desk support.

Product and company information is available at http://www.securitycoverage.com.

For more information on Password Genie, visit http://www.securitycoverage.com/passwordgenie/overview.php

Password Genie is available for download in the Google Play store.

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Ramsay Knox
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