What you need to know:
86 percent of data breaches for financial gain – up from 71 percent in 2019Cloud-based data under attack – web application attacks double to 43 percent67 percent of breaches caused by credential theft, errors and social attacksClearly identified cyber-breach pathways enable a “Defender Advantage” in the fight against cyber-crimeOn-going patching successful – fewer than 1 in 20 breaches exploit vulnerabilitiesReport analyzes 32,002 security incidents and 3,950 confirmed breaches from 81 global contributors from 81 countriesNEW YORK, May 19, 2020 (GLOBE NEWSWIRE) — The Verizon Business 2020 Data Breach Investigations Report (2020 DBIR) shows that financial gain remains the key driver for cybercrime with nearly nine in 10 (86 percent) breaches investigated financially-driven. The vast majority of breaches continue to be caused by external actors – 70 percent – with organized crime accounting for 55 percent of these. Credential theft and social attacks such as phishing and business email compromises cause the majority of breaches (over 67 percent), and specifically:
Bay Street News