[BreachExchange] 2019 on Track for Another “Worst Year on Record”

[Destry Winant]

https://www.riskbasedsecurity.com/2019/08/15/2019-on-track-for-another-worst-year-on-record/

Today, we released our 2019 MidYear QuickView Data Breach Report, and our
research shows that we are on track for another “worst year on record” for
breach activity.

Within the first six months of this year, there have been over 3,800
incidents reported. Compared to the mid-year of 2018, the number of
reported breaches has gone up by 54% and the number of exposed records rose
by 52%.

Eight breaches reported within Q1 and Q2 of 2019 accounted for 3.2 billion
records exposed; three of these being among the largest  breaches of all
time.

Looking over the first six months of 2019, it is hard to be optimistic on
the outlook for the year. The number of breaches is up and the number of
records exposed remains stubbornly high. Despite best efforts and awareness
among business leaders and defenders, data breaches continue to take place
at an alarming rate.

Inga Goddijn, Executive Vice President, Risk Based Security

The MidYear Data Breach QuickView Report tracks publicly disclosed breaches
and records exposed within 2019 so far. The key findings include that the
Business sector accounted for 67% of reported breaches, which continues the
trend observed in the Q1 2019 report. From these breaches, further analysis
reveals that the Business sector was responsible for 84.6% of records
exposed.

Quarter after quarter the pattern has repeated itself. The vast majority of
incidents are attributable to malicious actors outside an organization.
Unauthorized access of systems or services, skimmers and exposure of
sensitive data on the Internet have been the top three breach types since
January of 2018. However, insider actions, both malicious and accidental,
have driven the number of records exposed.

Inga Goddijn, Executive Vice President, Risk Based Security

Make sure to download your free copy of the report to learn more about the
breach trends and statistics unfolding in 2019.

Get your copy of the 2019 MidYear Data Breach QuickView Report
<https://pages.riskbasedsecurity.com/2019-midyear-data-breach-quickview-report>

About the QuickView Report and Cyber Risk Analytics

The quarterly Data Breach QuickView report is a service of Cyber Risk
Analytics (CRA), which provides actionable threat intelligence about
organizations that have had a data breach or leaked credentials. This
enables organizations to reduce exposure to the threats most likely to
impact them and their vendor base.

In addition, our PreBreach vendor risk rating, the result of a deep-view
into the metrics driving cyber exposures, are used to better understand the
digital hygiene of an organization and the likelihood of a future data
breach.

The integration of PreBreach ratings into security processes, vendor
management programs, cyber insurance processes and risk management tools
allows organizations to avoid costly risk assessments, while enabling
businesses to understand its risk posture, act quickly and appropriately to
proactively protect its most critical information assets.
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