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Cyber security experts worried consumers are getting 'breach fatigue'

MINNETONKA, Minn - In the last week alone there have been at least seven reported data breaches.

These breaches are happening at companies like Delta, Best Buy, Panera, and others.

Between January 2005 and March 2018, there have been just over 8,800 breaches, according to the Identity Theft Resource Center.

Combined those breaches exposed the information of more than one billion people.

Minnetonka-based FRSecure is one of several companies that teach large corporations how to protect their data.

CEO Evan Francen says companies have never been more vigilent when it comes to cyber security, but he feels consumers have sort of lost that edge in recent months.

"We call that breach fatigue," Francen explains. "You just see it so much that people don't even pay much attention to it anymore."

Francen says it's sort of like "crying wolf." After so many breaches, and so many consumers not seeing an impact, they've stopped paying attention.

"You start to get this false sense of security like everything is okay, stuff happens all the time. I don't need to be diligent," Francen says.

But diligence Francen argues, is the best way to protect yourself from that one breach that could one day affect your accounts.

He says all the identity monitoring companies are basically the same. They all cost between 10 and 30 dollars a month, and minus a few features, they all do the same thing, monitor your identity.

However, he argues consumers can do this on their own.

"Personally I don't sign up with any of those. I just watch my accounts myself," Francen explains.

He says consumers should get in the habit of checking their credit cards, bank accounts and credit at least once a week, not just after a breach is reported, but all year long.

"By the time we find out about a breach I would assume most of the fraudulent charges have already been made," Francen says.

Case in point, this latest breach is said to have happened in October, but experts say consumers are just now finding out about it.

"People want an easy button. They just say, give me the one thing I need to fix this thing. There isn't one, so stop looking for one. You just have to be diligent."

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