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Is 2019 the Worst Year for Data Breaches

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Data Breaches have become worse as 7.9 Billion records exposed in the first nine months of 2019. Read on to know more…

Data Breaches have become worse as 7.9 Billion records exposed in the first nine months of 2019. According to Risk Based Security’s Q3 2019 Data Breach QuickView Report, over 6 billion records exposed during the span of nine months occurred due to misconfigured databases, backups, endpoints and services. The availability of exploit tools coupled with vulnerability fueled the growth in the number of records compromised.

“While malicious actors have been responsible for most incidents, it is accidental exposure of data on the Internet that has put the most records at risk,” said Inga Goddjin, executive vice president of Risk Based Security. “This year over 6 billion records have been made freely accessible, thanks to misconfigured databases, backups, endpoints, and services. The widespread availability of tools useful for identifying such leaks coupled with an interest in reporting – as well as taking advantage of – these exposures has fueled the growth in the number of records compromised.”

Hacking remains the top breach type for number of incidents while the Internet has exposed the most records this year. By NAICS economic sector, medical services, retailers and public entities experienced the most breaches, but when all business related sectors are combined, general business remains the most breached organization type.

Shocking Statistics
According to Risk Based Security’s Report, the total number of breaches has increased by 33.3% over last year so far. The first nine months of 2019 recorded a total of 5,183 breaches exposing nearly 7.9 billion records. This is an increase of 112% in total records exposed over the same period in 2018. 1,692 out of 5,183 breaches were reported only in the U.S. Some 3.1 billion of the exposed records came from six breaches reported between July 1 and September 30, 2019.

Taking a step back to look at breached organizations from another perspective, the Business sector still accounts for 66 percent of breaches, Medical 14 percent, Government 12 percent and Education 8 percent.

More Breach
In Q3 alone, six breaches exposed 100M or more records, accounting for 3.1 billion records exposed between July 1st and September 30th . Accounts vs People vs Records – Orvibo, the largest breach disclosed so far this year, is reported to have exposed approximately 2 billion records. It is worth noting the open dataset included approximately 2 billion entries that were associated with a much lower number of user accounts. The actual number of user accounts exposed in the breach is unknown but is likely to be around one million, as that is the number of customers claimed by Orvibo.

The Road Ahead
The economic sector, medical services, retailers and public entities experience the most breaches. With the number of publicly disclosed events showing no signs of slowing down, organizations across the globe should make extra efforts on preemptively mitigating security risks and minimizing a breach’s impact rather than simply relying on defensive solutions alone.

With the number of publicly disclosed events showing no signs of slowing, researchers ask whether efforts should focus on minimizing a breach’s impact rather than on prevention alone.

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