New Research: Number of Records Exposed Reaches Staggering 36 Billion
October 29, 2020 • RBS
Today, we released our new 2020 Q3 Data Breach QuickView Report, which reveals that the number of records exposed has increased to a staggering 36 billion. There were 2,935 publicly reported breaches in the first three quarters of 2020, with the three months of Q3 adding an additional 8.3 billion records to what was already the “worst year on record.”
“Breach disclosures continue to be well below the high water mark established just last year despite other research indicating the number of attacks are on the rise. How do we square these two competing views into the digital threat landscape?“Inga Goddijn, Executive Vice President, Risk Based Security
This question is discussed in our 2020 Q3 Data Breach QuickView Report. The report explores numerous factors such as how media coverage may be a factor contributing to the decline in publicly reported breaches. In addition, the increase of ransomware attacks may also have a part to play.
“While many of these attacks are now clearly breach events, the nature of the data compromised can give some victim organizations a reprieve from reporting the incident to regulators and the public.Inga Goddijn, Executive Vice President, Risk Based Security
After all, while the compromised data may be sensitive to the target organization, unless it contains a sufficient amount of personal data to trigger a notification obligation the event can go unreported.“
The 2020 Q3 Data Breach QuickView Report covers the data breaches reported between January 1, 2020 and September 30, 2020. In addition to the latest breach data research, the report also dissects alarming trends involving the coming November elections, where several US voter databases have been shared and discussed on both Russian and English speaking hacking forums.
Our on-demand webinar, Secure The Vote: Hacktivism and Vulnerabilities in US Elections, is available. It explores the impact of campaigns of influence and real-world hardware vulnerabilities in the US election system.
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 ratings, 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 their risk posture, and to act quickly and appropriately to proactively protect their most critical information assets.