New Reports Reveals 2.6 Billion Data Records Exposed in First Half of 2018
The recently released report gives an insight into how data breaches have affected the world's data.
Cyber intelligence company, “Risk-Based Security” have released their latest findings on attacks during the first half of 2018. 2,308 publicly disclosed data breaches resulted in approximately 2.6 billion user records being exposed.
While these results show a drop from the 2,439 breaches and 6 billion data records exposed in the first half of 2017 it still represents a significant amount of data being exposed, according to their Mid-Year 2018 Data Breach Quick View report.
“2018 has been a curious year. After the wild ride of 2017, we became accustomed to seeing a lot of breaches, exposing extraordinary amounts of information. 2018 is remarkable in that the number of publicly disclosed breaches appears to be levelling off while the number of records exposed remains stubbornly high,” said Inga Goddijn, Executive Vice President for Risk Based Security.
She adds that these figures should not be looked at with optimism, “It’s not easy to characterize 2.6 billion records exposed as an improvement, even if it is less than the 6 billion exposed at this time last year.”
From the data, we can see that five breaches exposed 100 million or more records each. These breaches accounted for approximately 2 billion of the total records exposed. The worst case being that of India’s biometric database, Aadhaar. Their data compromise reportedly exposed 1.19 billion records.
The report was also able to break down the breaches into sectors. The business sector came off worst with 40% of those reported, followed by healthcare (8.3%), government (8.2%), and education (4.5%). Almost 40% of the organisations were not classified, however.
Fraud conceded the highest share of records (47.5%), whereas hacking was responsible for the most incidents (54.6%). Phishing continues to be a popular method to gain these details, as well as failure in system security updates and the absence of installed patches.
Here at Xenace, we are happy to discuss your security needs and to help you to ensure the best measures are in place should a breach occur. For more information, get in touch today.