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    Home Cybersecurity
    • Cybersecurity

    Data Breaches Continue to Be Financially Motivated as Detection Lags

    By
    Sean Michael Kerner
    -
    April 11, 2018
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      1Data Breaches Continue to Be Financially Motivated as Detection Lags

      1 - Data Breaches Continue to Be Financially Motivated as Detection Lags

      Verizon released on April 10 the 2018 edition of its Data Breach Investigations Report (DBIR), which analyzed a filtered data set of 53,308 security incidents across multiple industries around the world. Of those security incidents, the 68-page report revealed that 2,216 were confirmed to be breaches. While the report found that there were various reasons for the breaches depending on the industry vertical, the primary motivation behind the attacks remained consistent with prior years, as Verizon once again reported that most are financially motivated. Verizon’s analysis also found that, although breaches are a known risk, 68 percent of them took months for organizations to discover. In this slide show, eWEEK takes a look at some of the highlights of the 2018 Verizon Data Breach Investigations Report.

      2Breaches Are Financially Motivated

      2 - Breaches Are Financially Motivated

      Once again, Verizon found that the primary motive behind breaches was financial.

      3Breach Volume Varies by Sector

      3 - Breach Volume Varies by Sector

      The Verizon report looks at both security incidents and confirmed breaches across multiple industry sectors. For the 2018 report, health care was among the most breached sectors.

      4Detection Time Lags

      4 - Detection Time Lags

      According to Verizon’s analysis, 87 percent of compromises took minutes or less for attackers to gain access. In contrast, only 3 percent of breaches were discovered within minutes, while 68 percent of breaches went undiscovered for months.

      5Outsiders Are Often Responsible for Breaches

      5 - Outsiders Are Often Responsible for Breaches

      While there are multiple sources for data breaches, Verizon reported that 73 percent of breaches were perpetrated by outsiders.

      6Most Victims Are Small Businesses

      6 - Most Victims Are Small Businesses

      Any sized organization can be a victim of a data breach. However, in its 2018 report, Verizon found that that the majority (58 percent) of victims were categorized as small business.

      7Databases Are Often the Target

      7 - Databases Are Often the Target

      There are multiple things that attackers go after in attacks. Verizon identified databases as one of the top assets involved in data breaches.

      8Malware Doesn’t Hit Organizations Every Day

      8 - Malware Doesn't Hit Organizations Every Day

      While the volume of security incidents and data breaches continues to be a challenge, malware incidents are not necessarily an everyday occurrence. Verizon reported that most organizations receive malware on six or fewer days per year.

      9Email Is the Top Malware Vector

      9 - Email Is the Top Malware Vector

      When organizations do encounter malware, more often than not it is delivered via email. Verizon found that email is the most frequently used malware delivery model.

      PrevNext

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