Will LaSala is the Director of Security Solutions at OneSpan. He joined the company in 2001 and brings over 25 years of software and cybersecurity experience. Since joining OneSpan, Will has been involved in all aspects of product implementation and market direction within financial institutions.
Financial identity theft was on the rise before the pandemic, and while losses increased 42% from 2019 to 2020, losses are expected to grow to $721.3 billion in 2021. With the personally identifiable information of many consumers exposed due to recent data breaches, we’re seeing fraud rings gather this data to impersonate consumers and take over existing accounts. 38% of consumers have experienced account takeover attacks within the past two years.3 December 2021