Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Attacks/Breaches

9/20/2016
11:50 AM
Connect Directly
Twitter
RSS
E-Mail
50%
50%

2016 On Track To See Over 1 Billion Records Breached

New report shows first half breach statistics put organizations on pace to beat last year's breach numbers by a wide margin.

In spite of the fact that there have been no mega breaches on the scale of last year's Office of Personnel Management (OPM) debacle, 2016 is on pace to outstrip last year's numbers by as much as 56%, according to findings released today by Breach Level Index (BLI).

This compiler of breach data, sponsored by Gemalto, shows that the meter just keeps on spinning with new breach statistics as organizations of all sizes continue to expose personally identifiable information. In the first half of this year, 554,454,942 records were breached in 974 publicly reported incidents. That's essentially a loss of over 3 million records per day by public and private organizations. It puts the record books on track for potentially seeing a 1 billion-plus record loss year for 2016.

The catch is that these numbers could be far worse than the tabulated value: BLI reports that among the breach incidents recorded, over half of affected organizations did not know exactly how many records were compromised.

Compared to the 707,509,815 records breached in all of 2015, according to BLI, it is clear that the rate of exposures intensified during the first half of this year. Interestingly, the bulk of this year's breaches came in the second half. Whether that trend will be replicated in 2016 or the first half numbers just reflect an overall ramping up since the second half of 2015 remains to be seen. The number of overall incidents increased by about 15% from second half of 2015 to first half of 2016, according to BLI.

This year is also different in that there have been no mega breaches involving tens or hundreds of millions of data. Instead, it is a constant flow of fairly large breaches that keeps the numbers ticking up. BLI reported 29 different breaches with over 1 million records affected. 

"While 2016 might not have had as many headline-grabbing data breaches as of yet this year, it certainly has seen a continuation of large-scale assaults," the report said. "And what makes the large-scale data breaches somewhat disconcerting is that they came despite the fact that so many enterprises are supposedly bolstering their defenses in response to previous high-profile breaches." 

Additionally, this year shows clearly the shift that started in 2015 away from breaches focused primarily on simply stealing credit-card numbers to those looking deeper into victims' PII for relevant identifiers and login information necessary for carrying out more thorough identity theft. From second half of 2015 to first half of 2016, there has been a 38% increase in identity theft attacks, compared to financial access attacks which decreased by 54% in the same time period.

While it is a matter of speculation as to whether that's a product of more thorough payment card industry-protection measures, it does point to the fact that attackers are getting creative in how they monetize their efforts.

"Over the past twelve months hackers have continued to go after both low-hanging fruit and unprotected sensitive personal data that can be used to steal identities," says Jason Hart, vice president and chief technology officer for data protection at Gemalto. "The theft of user names and account affiliation may be irritating for consumers, but the failure of organizations to protect sensitive personal information and identities is a growing problem that will have implications for consumer confidence in the digital services and companies they entrust with their personal data."

Related Content:

Ericka Chickowski specializes in coverage of information technology and business innovation. She has focused on information security for the better part of a decade and regularly writes about the security industry as a contributor to Dark Reading.  View Full Bio
 

Recommended Reading:

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
COVID-19: Latest Security News & Commentary
Dark Reading Staff 8/14/2020
Lock-Pickers Face an Uncertain Future Online
Seth Rosenblatt, Contributing Writer,  8/10/2020
Hacking It as a CISO: Advice for Security Leadership
Kelly Sheridan, Staff Editor, Dark Reading,  8/10/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
7 New Cybersecurity Vulnerabilities That Could Put Your Enterprise at Risk
In this Dark Reading Tech Digest, we look at the ways security researchers and ethical hackers find critical vulnerabilities and offer insights into how you can fix them before attackers can exploit them.
Flash Poll
The Changing Face of Threat Intelligence
The Changing Face of Threat Intelligence
This special report takes a look at how enterprises are using threat intelligence, as well as emerging best practices for integrating threat intel into security operations and incident response. Download it today!
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-17475
PUBLISHED: 2020-08-14
Lack of authentication in the network relays used in MEGVII Koala 2.9.1-c3s allows attackers to grant physical access to anyone by sending packet data to UDP port 5000.
CVE-2020-0255
PUBLISHED: 2020-08-14
** REJECT ** DO NOT USE THIS CANDIDATE NUMBER. ConsultIDs: CVE-2020-10751. Reason: This candidate is a duplicate of CVE-2020-10751. Notes: All CVE users should reference CVE-2020-10751 instead of this candidate. All references and descriptions in this candidate have been removed to prevent accidenta...
CVE-2020-14353
PUBLISHED: 2020-08-14
** REJECT ** DO NOT USE THIS CANDIDATE NUMBER. ConsultIDs: CVE-2017-18270. Reason: This candidate is a duplicate of CVE-2017-18270. Notes: All CVE users should reference CVE-2017-18270 instead of this candidate. All references and descriptions in this candidate have been removed to prevent accidenta...
CVE-2020-17464
PUBLISHED: 2020-08-14
** REJECT ** DO NOT USE THIS CANDIDATE NUMBER. ConsultIDs: none. Reason: This candidate was withdrawn by its CNA. Further investigation showed that it was not a security issue. Notes: none.
CVE-2020-17473
PUBLISHED: 2020-08-14
Lack of mutual authentication in ZKTeco FaceDepot 7B 1.0.213 and ZKBiosecurity Server 1.0.0_20190723 allows an attacker to obtain a long-lasting token by impersonating the server.