New Research: Data Breach Landscape Shifts Significantly
August 4, 2021 • RBS
Today we released our 2021 Mid Year Data Breach QuickView Report, revealing significant shifts in the data breach landscape despite 2021 breaches declining by 24%.
There were 1,767 publicly reported breaches in the first six months of 2021 which exposed a total of 18.8 billion records. However, the decline of reported breaches does not mean security has improved over the pandemic.
“Ransomware attacks continue at an alarming pace, inflicting serious damage on the victim organizations that rely on their services. The slow pace of reporting brought on by lengthy incident investigations has not improved and attackers continue to find new opportunities to take advantage of changing circumstances.”Inga Goddijn, Executive Vice President, RBS
The report also revisits the trends observed during the pandemic, highlighting what were temporary and which represented more permanent change.
“Analyzing breach activity has become especially interesting and important over the past two years. While some trends remain largely untouched, new trends are emerging. The method of how attackers monetize their efforts has diversified and at the same time, preventable errors are outpacing hackers when it comes to the amount of data exposed. The amount of data compromised remains stubbornly high.”
The 2021 Mid Year Data Breach QuickView Report covers data breaches publicly disclosed between January 1, 2021, and June 30, 2021.
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.