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2020 saw fewer data breaches but more records exposed


2020 saw fewer data breaches but more records exposed
The number of publicly reported breach events decreased by 48 percent in 2020. However, more than 37 billion records were compromised, an increase of 141 percent.
A report released today by Risk Based Security reveals that this is by far the most records exposed in a single year since the company began reporting in 2005.
2020 has challenged the security-minded community quite unlike any other, and the number of records exposed highlights how unique the year has been, says Inga Goddijn, executive vice president at Risk Based Security. We do not believe fewer breaches are happening. Disruptions at certain governmental sources, delayed reporting, and declining news coverage have all contributed to fewer breaches coming to light in 2020, but that is only a part of the story. More complex and damaging attacks have also contributed to lengthy and complex investigations. ....

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2020 sees huge increase in records exposed in data breaches


2020 sees huge increase in records exposed in data breaches
on January 21, 2021, 10:50 AM PST
The number of breaches may have fallen, but the number of exposed records hit a high not seen since 2005, says Risk Based Security.
Image: iStockphoto/Rawpixel
Data breaches now seem to be a never-ending story as we constantly hear about one company after another being compromised. The true damage of these breaches lies in how much private or confidential information is exposed. Though the number of reported breaches may have declined last year, the number of breached records skyrocketed, according to a report released Thursday by security firm Risk Based Security (RSB). ....

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Enterprise Security 2020: COVID Struck, and Cyber Criminals Got Busy


This has been a record year for cybercrime, thanks to COVID-19, ransomware, and nation-state attacks.
As the world s attention was focused elsewhere, cyber criminals went on a major offensive, keeping enterprise security teams around the world on their toes.
According to a recent McAfee report, cybercrime will cost the global economy more than $1 trillion this year: $945 billion in monetary losses and $145 billion in cybersecurity spending. Insurance giant Allianz estimates that 2020 is on track to hit record highs for the number of cybercrime-related insurance claims.
Cybercrime is now at or near the top of every risk poll conducted: up from 15th place seven years ago. ....

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