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US Breach Volumes Fell 19% in 2020 as Ransomware Surges - Infosecurity Magazine

US Breach Volumes Fell 19% in 2020 as Ransomware Surges Phil Muncaster UK / EMEA News Reporter , Infosecurity Magazine The number of publicly reported US data breaches and leaks last year dropped 19% as attackers continued to move away from mass theft of customer data to more lucrative tactics like ransomware, according to a leading non-profit. The Identity Theft Resource Center (ITRC) compiled its annual report from company announcements, mainstream news reports, government agencies, recognized security firms and researchers, and other non-profits. In total, it recorded 1108 incidents, down by nearly a fifth on 2019’s figures, while nearly 301 million individuals were affected, a drop of 66% on the previous year.

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Attacks on individuals fall as cybercrime shifts tactics

Attacks on individuals fall as cybercrime shifts tactics
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Identity Theft Resource Center® s 2020 Annual Data Breach Report Reveals 19 Percent Decrease in Breaches

Identity Theft Resource Center®’s 2020 Annual Data Breach Report Reveals 19 Percent Decrease in Breaches Share Article In 2020, the number of individuals impacted by a data breach was down 66 percent from 2019; cybercriminals continue to shift away from mass attacks seeking consumer information and towards attacks aimed at businesses using stolen logins and passwords. The ITRC’s 2020 Data Breach Report shows that the number of individuals impacted is down 66 percent from 2019. It is vitally important that we adapt our practices, and shift resources, to stay one step ahead of the threat actors, said Eva Velasquez, president and CEO of the Identity Theft Resource Center.

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Cyber Criminals Targeted Businesses Over Consumers in 2020

So there are fewer data breaches, fewer people impacted, Lee said. But what we re seeing is more identity fraud. ITRC s report says more than 300 million consumers were still impacted by a data breach in 2020, but overall that is a 66% decrease compared to 2019. Lee says this is because ransomware and phishing attacks on businesses have increased. They ll tell them they have this much of your information and all of your customer s information, Lee said. If you want it returned and not released then pay us X amount of money. While stealing a lot of people s information from a business might be attractive to cybercriminals, it doesn t mean scams aren t targeting consumers. Many cybercriminals are still trying to get your personal information directly from you.

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Identity Theft Resource Center® to Release 15th Annual Data Breach Report; Launch Free & Paid Subscriptions to New Breach Tracking Tool

San Diego (PRWEB) January 13, 2021 Today, the Identity Theft Resource Center® (ITRC), a nationally recognized non-profit organization established to

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