Breaches Happen

With the increased use of e-commerce, web-based file storage, and the proliferation of smart phones, laptops, and tablets in businesses of all sizes, the risks associated with data security are growing quickly.

Some recent trends that you can share with your client:

• According to the 2016 Breach Report from Identity Theft Resource Center (ITRC), the number of U.S. data breaches tracked in 2016 hit an all-time record high of 1,093.  This represents a substantial hike of 40% over the near record high of 780 reported in 2015.

• ​​For the eighth consecutive year, hacking, skimming, and phishing attacks were the leading cause of data breach incidents, accounting for 55.5% of the overall number of breaches, which is an increase of 17.7% over 2015. (ITRC)

​• According to Symantec, in 2015, large businesses targeted for attack once were most likely to be targeted again at least three more times throughout the year.  All businesses of all sizes are potentially vulnerable to targeted attacks. In fact, spear-phishing campaigns targeting employees increased 55%.