Close
  • Latest News
  • Cybersecurity
  • Big Data and Analytics
  • Cloud
  • Mobile
  • Networking
  • Storage
  • Applications
  • IT Management
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Menu
Search
  • Latest News
  • Cybersecurity
  • Big Data and Analytics
  • Cloud
  • Mobile
  • Networking
  • Storage
  • Applications
  • IT Management
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Applications
    • Applications
    • Cybersecurity
    • Small Business

    Most Data Breaches Avoidable, Verizon Report Finds

    By
    Nathan Eddy
    -
    July 29, 2010
    Share
    Facebook
    Twitter
    Linkedin

      Breaches of electronic records last year involved more insider threats, greater use of social engineering and the continued strong involvement of organized criminal groups, according to communication giant Verizon’s 2010 Data Breach Investigations Report, in collaboration with the U.S. Secret Service. However, the overall number of breaches investigated last year declined from the previous year-“a promising” indication, the study said.
      The report found most data breaches investigated were caused by external sources: Sixty-nine percent of breaches resulted from these sources, while only 11 percent of breaches were linked to business partners. The study said insiders caused 49 percent of breaches, which is an increase over previous report findings, primarily due to an expanded dataset and the types of cases studied by the Secret Service, Verizon said.
      Many breaches involved privilege misuse, the report stated, with 48 percent of breaches attributed to users who, for malicious purposes, abused their right to access corporate information. An additional 40 percent of breaches were the result of hacking, while 28 percent were due to social tactics and 14 percent to physical attacks. The reported said as in previous years, nearly all data was breached from servers and online applications, with 85 percent of breaches not considered highly difficult; 87 percent of victims had evidence of the breach in their log files, yet missed it.
      “The reduction in breaches is a positive sign that we are gaining some ground in the fight against cybercrime,” said Verizon Business’ vice president of technology and enterprise innovation, Peter Tippett. “As we are able to share more information through the use of the VERIS security research framework to gather comparative security data such as the caseload of the Secret Service, we believe we will be even better equipped to arm organizations with best practices, processes, tools and services that will continue to make a difference.”
      Data breaches continue to occur, according to the report, within all types of organizations. Financial services, hospitality and retail still make up the “Big Three” of industries affected (33 percent, 23 percent and 15 percent, respectively) in the merged Verizon-Secret Service dataset, though tech services edged out retail in Verizon’s caseload. A growing percentage of cases and a stunning 94 percent of all compromised records in 2009 were attributable to financial services. More than half of the breaches investigated by Verizon in 2009 occurred outside the United States, while the bulk of the breaches investigated by the Secret Service occurred in the United States. The report found no correlation between an organization’s size and its chances of suffering a data breach.
      The 2010 report concluded that being prepared remains the best defense against security breaches. “For the most part, organizations still remain sluggish in detecting and responding to incidents. Most breaches (60 percent) continue to be discovered by external parties and then only after a considerable amount of time,” the report concluded. “And while most victimized organizations have evidence of a breach in their security logs, they often overlook them due to a lack of staff, tools or processes.”

      Avatar
      Nathan Eddy
      A graduate of Northwestern University's Medill School of Journalism, Nathan was perviously the editor of gaming industry newsletter FierceGameBiz and has written for various consumer and tech publications including Popular Mechanics, Popular Science, CRN, and The Times of London. Currently based in Berlin, he released his first documentary film, The Absent Column, in 2013.

      MOST POPULAR ARTICLES

      Android

      Samsung Galaxy XCover Pro: Durability for Tough...

      Chris Preimesberger - December 5, 2020 0
      Have you ever dropped your phone, winced and felt the pain as it hit the sidewalk? Either the screen splintered like a windshield being...
      Read more
      Cloud

      Why Data Security Will Face Even Harsher...

      Chris Preimesberger - December 1, 2020 0
      Who would know more about details of the hacking process than an actual former career hacker? And who wants to understand all they can...
      Read more
      Cybersecurity

      How Veritas Is Shining a Light Into...

      eWEEK EDITORS - September 25, 2020 0
      Protecting data has always been one of the most important tasks in all of IT, yet as more companies become data companies at the...
      Read more
      Big Data and Analytics

      How NVIDIA A100 Station Brings Data Center...

      Zeus Kerravala - November 18, 2020 0
      There’s little debate that graphics processor unit manufacturer NVIDIA is the de facto standard when it comes to providing silicon to power machine learning...
      Read more
      Apple

      Why iPhone 12 Pro Makes Sense for...

      Wayne Rash - November 26, 2020 0
      If you’ve been watching the Apple commercials for the past three weeks, you already know what the company thinks will happen if you buy...
      Read more
      eWeek


      Contact Us | About | Sitemap

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Property of TechnologyAdvice.
      Terms of Service | Privacy Notice | Advertise | California - Do Not Sell My Information

      © 2021 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×