Monday, December 23, 2019

IDG Contributor Network: Recent VPN hacks reveal transparency issues within the industry and its supply chain

Consumers are no doubt becoming increasingly aware about the safety and security of their online activity after many highly publicized studies have shown an uptick in online data theft. According to the Federal Trade Commission, there were 3 million reports of identity theft alone in 2018.

Even though these threats — and the rash of data breaches — continue to grab headlines, consumers still are connecting to public wifi despite the threats and are joining other unsafe networks while traveling. More cautious or tech-savvy individuals know to turn to virtual private networks (VPNs) as a way to safely connect online, and as VPNs become more mainstream, some project the VPN market can grow to more than $35 billion by 2022. We’ve even seen some vendors to capitalize by creating flashy TV commercials that insinuate that they are consumers’ digital doorman. 

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Thanks to Jong Kim (see source)

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