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AUSTIN, Texas, March 3, 2021 /PRNewswire/
SpyCloud researchers recovered more than 4.6 billion pieces of personally identifiable information and nearly 1.5 billion stolen account credentials from 854 breach sources in 2020, the company announced in its 2021 Credential Exposure Report released today.
The number of breach sources increased 33% over 2019, with an average 2020 breach size of 5,455,813 records. Only 200 contained between 1 million and 50 million records, and just 17 had more than 50 million records.
The 1,486,416,779 exposed credentials include email addresses or usernames connected to plaintext passwords. For users with more than one password collected last year, SpyCloud found that 60% of the credentials were reused across multiple accounts, making them ripe for account takeovers and password spraying attacks. This password reuse rate, which is unchanged from last year, reflects how easy it is for an attacker to use one stolen password to comp
SpyCloud’s
2021 Credential Exposure Report was compiled from the vendor’s human intelligence efforts to recover stolen data from criminal networks early in the breach lifecycle.
Some 854 breach incidents, up a third from 2019, leaked on average 5.4 million records each.
Poor password security is still rife: for users with more than one password stolen last year, SpyCloud found that 60% of credentials were reused across multiple accounts, exposing them to credential stuffing and other brute force tactics.
For the 270,000 .gov emails recovered, password reuse was even higher, at 87%.
Nearly two million passwords contained “2020” while almost 200,000 featured COVID-related keywords like “corona” and “pandemic.”
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The Code42 2021 Data Exposure Report highlights the need to adopt a new approach to data security and invest in modern Insider Risk technology.
We all knew the overnight shift to remote work and cloud-based productivity and collaboration would dramatically change the Insider Risk landscape. But now, with nearly a year of data to look at, the Code42 2021 Data Exposure Report (DER) shows that the impact is pretty staggering:
Employees are 85% more likely to leak sensitive files today than they were a year ago, before the COVID crisis hit.
3 in 4 IT security leaders experienced at least one data breach involving the loss of sensitive information in 2020.
Despite the growing risk, data security events caused by insiders are not being taken seriously. New research in the Code42 Data Exposure Report notes that more than half (54%) of IT security leaders spend less than 20% of their budget on insider risk, and 66% of IT security leaders say their budget for insider risk is insufficient. This is a major problem for organizations around the world as users, applications, and data continue to move outside the hardened data center and corporate perimeter as part of digital transformation policies. And, unfortunately, it s going to get worse before it gets better. In their most recent predictions, Forrester says that insider incidents will be the cause of 33% of data breaches in 2021, up from 25% in 2020.
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