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2. 6 Bil Records Exposed In 2300 Breaches So Far In 2018 (Risk Based Security Mid-Year 2018 Report)

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In response tonewresearch findingsfromRisk Based Security that over 2.6 billionrecords have been exposed in 2,300data breaches so far this year, with fraud accounting for47.5 percent of exposed records andwhile hacking accounting for54.6 percentof all reported breaches, experts with OneSpan and NuData Security offer perspective.

Michael Magrath,Director, Global Regulations & Standards atOneSpan, Inc.

“2.6 billion records is a staggering number. Sadly, Americans have become accustomed to breach notification letters arriving in the mail with offers of free credit reporting. Not surprisingly the report notes that phishing for usernames and passwords then using the stolen credentials to access systems or services stands remains a popular attack method utilized by hackers. Phishing will not go away because it’s just too easy and the success rate has been historically high given reliance upon static passwords gain entry. With GDPR now in effect, organizations relying on...(continued)

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