KYC Data Is Becoming a Honeypot for Hackers. The Fix May Be Less Data

There is an uncomfortable irony at the heart of modern identity verification: the more information companies collect to prove that we are legitimate, the more valuable the target becomes for criminals.KYC data sits at the center of that contradiction. Names, addresses, government IDs, photographs and other personal details are routinely gathered to prevent fraud and illicit activity. But once enough of that information is stored in one place, the database can become a honeypot for hackers.That r