Hacking Exposed 78% Of All Records Compromised In First Half Of 2014

Mid-year 2014 data breaches exposed over 502 million records far exceeding the mid-year point in 2013, the previous all-time record setting year.

We are pleased to release our Data Breach QuickView report that shows that 2014 is on pace to replace 2013 as the highest year on record for exposed records, and the recently reported exposure of 1.2 billion email addresses and user names has not been included. The 1331 incidents reported during the first half of 2014 exposed over 502 million records, nearing 61% of the 814 million records exposed in 2013.

Although the number of data breaches reported during 2014 is on pace to exceed 2013, the all-time record of 3,195 set in 2012 appears to be safe. “When you analyze the data breach activity during the first half of the year, it’s startling to see the jump in reported hacking activity” said Barry Kouns, CEO of Risk Based Security. “Compared to the same time period for 2013, there has been a 59% increase in the number of breaches caused by hacking and a 46% increase in the number of records compromised. Clearly hackers are taking advantage of existing vulnerabilities wherever they can be found, and they can apparently be found everywhere.”

“Just like we reported in the first quarter report, it’s hard to find a bright-side, said Kouns. Already 2014 has added three incidents to the “Top 10” data breaches all time, taking over the number one, four and eight spots. “

The Data Breach QuickView report also revealed that individuals’ user names, passwords and email addresses were exposed in 57% of reported incidents, with passwords taking the top spot at 70.1% of all Mid-year 2014 breaches. “Once again, when you analyze the data breaches, you see that twenty-three organizations were breached more than once this year alone, added Kouns.”

Risk Based Security’s research suggests that organizations in all industries, regardless of size, should take an active approach to review their networks for security vulnerabilities in their applications, infrastructure and third party libraries. By doing so, organizations can reduce the time of exposure they are facing with many of today’s threats.

About the Data Breach QuickView Report

The Data Breach QuickView report is intended to be an executive level summary of the key findings from RBS’ analysis of 2014’s data breach incidents. Contact Risk Based Security for your customized analysis of the 2014 data breaches.

You can view the 2014 Data Breach QuickView report here:

https://www.riskbasedsecurity.com/reports/2014-MidYearDataBreachQuickView.pdf

About Risk Based Security, Inc.

Risk Based Security is a leading-edge security and threat intelligence company. We provide the most timely, highest quality and most fully comprehensive vulnerability and data breach intelligence services available. Data intelligence is the basis for our consulting and information security services including ISO/IEC 27001SDL and our virtual YourCISO service.

For more information, please contact us via email or call 855-RBS-RISK.