Gemalto Breach Level Index highlights improperly secured databases in the cloud and internal threats were the fastest growing security risks for companies
AMSTERDAM-Sunday, April
(BUSINESS WIRE)-- Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, today released the latest findings of the Breach Level Index, revealing that 2.6 billion records were stolen, lost or exposed worldwide in 2017, an 88% increase from 2016. While data breach incidents decreased by 11%, 2017 was the first year publicly disclosed breaches surpassed more than two billion compromised data records since the Breach Level Index began tracking data breaches in 2013.
To learn more about the 2017 statistics and trends, register for the upcoming webinar “New Data Breach Findings: The Year of Internal Threats and Misplaced data”
Over the past five years, nearly 10 billion records have been lost, stolen or exposed, with an average of five million records compromised every day. Of the 1,765 data breach incidents in 2017, identity theft represented the leading type of data breach, accounting for 69% of all data breaches. Malicious outsiders remained the number one cybersecurity threat last year at 72% of all breach incidents. Companies in the healthcare, financial services
The Breach Level Index* serves as a global database that tracks and analyzes data breaches, the type of data compromised and how it was accessed, lost or stolen. Based on data breach reports collected in the Breach Level Index, the major 2017 highlights include:
Human error a major risk management and security issue: Accidental loss, consisting of improper disposal of records, misconfigured databases and other unintended security issues, caused 1.9 billion records to be exposed. A dramatic 580% increase in the number of compromised records from 2016.
Identity theft is still the number one type of data breach: Identity theft was 69% of all data breach incidents. Over 600 million records were impacted resulting in a 73% increase from 2016.
Internal threats are increasing: The number of malicious insider incidents decreased slightly. However, the
What a nuisance: The number of records breached in nuisance type attacks increased by 560% from 2016. The Breach Level Index defines a data breach as a nuisance when the compromised data includes basic information such as name, address and/or phone number. The larger ramification of this type of breach is often unknown, as hackers use this data to orchestrate other attacks.
"The manipulation of data or data integrity attacks pose an arguably more unknown threat
Data Breaches by Type
Identity theft was the leading type of data breach, accounting for 69% of all incidents constituting 26% of breached data in 2017. The second most prevalent type of breach was access to financial data (16%). The number of lost, stolen or compromised records increased the most for nuisance type of data breaches (560%) which constituted 61% of all compromised data. Account access and existential type breaches decreased both in incidents and records from 2016.
Data Breaches by Industry
In 2017, the industries that experienced the largest number of data breach incidents were healthcare (27%), financial services (12%), education (11%) and government (11%). In terms of the
Data Breaches by Source
Malicious outsiders were the leading source of data breaches, accounting for 72% of breaches,
“Companies can mitigate the risks surrounding a breach through a ‘security by design’ approach, building in security protocols and architecture at the beginning,” said Jason Hart, Vice President and Chief Technology Officer for Data Protection at Gemalto. “This will be especially important, considering in 2018 new government regulations like Europe’s General Data Protection Regulation (GDPR) and the Australian Privacy Act (APA) go into effect. These regulations require companies to
*The Breach Level Index is a global database that tracks data breaches and measures their severity based on multiple dimensions, including the number of records compromised, the type of data, the source of the breach, how the data was used, and whether or not the data was encrypted. By assigning a severity score to each breach, the Breach Level Index provides a comparative list of breaches, distinguishing data breaches that are
Breach Level Index Resources:
For a full summary of data breach incidents by industry, source, type and geographic region, download the 2017 Breach
Download the infographic
Visit the BLI website here
Register for the webinar- New Data Breach Findings: The Year of Internal Threats and Misplaced data
About Gemalto
Gemalto (Euronext NL0000400653 GTO) is the global leader in digital security, with 2017 annual revenues of €3 billion and customers in over 180 countries. We bring trust to an increasingly connected world.
From secure software to biometrics and encryption, our technologies and services enable businesses and governments to authenticate identities and protect data so they stay safe and enable services in personal devices, connected objects, the cloud and in between.
Gemalto’s solutions are at the heart of modern life, from payment to enterprise security and the internet of things. We authenticate people, transactions
Our 15,000 employees operate out of 114 offices, 40 personalization and data centers, and 35 research and software development centers located in 47 countries.
For more information visit www.gemalto.com, or follow @gemalto on Twitter.
Contacts
Gemalto media contacts:
Tauri Cox
North America
+1 512 257 3916
tauri.cox@gemalto.com
or
Sophie Dombres
Europe Middle East & Africa
+33 4 42 36 57 38
sophie.dombres@gemalto.com
or
Jaslin Huang
Asia Pacific
+65 6317 3005
jaslin.huang@gemalto.com
or
Enriqueta Sedano
Latin America
+52 5521221422
enriqueta.sedano@gemalto.com
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