Increase in Data Breaches?
In Total, Data Breach Costs Rose from Us$3.86 Million in Last Year's Report to Us$4.24 Million This—a 10% Increase. for “Mega Breaches” Featuring Between 50-65...
In total, data breach costs rose from US$3.86 million in last year's report to US$4.24 million this—a 10% increase. For “mega breaches” featuring between 50-65 million records, the average cost was US$401 million, a more modest 2% increase from US$392 million in 2020.
Why are data breaches increasing?
“We are seeing a shift with the increase in data breaches in 2021 compared to 2020, primarily because of the growing number of phishing attacks, ransomware attacks and supply chain attacks,” said Eva Velasquez, president and CEO of the Identity Theft Resource Center.
How many data breaches happened in 2020?
While the COVID-19 pandemic was transforming the world of work, it fueled a pandemic of cyberattacks and data breaches. In just the first three quarters of 2020 there were 2,953 publicly reported breaches, 51% increase compared to the same time period in 2019.
Robert Thorne covers electric vehicle innovations, autonomous driving systems, global mobility trends, and automotive engineering developments.
