Why do companies fail to stop breaches despite soaring IT security investment?
March 01, 2021The Hacker News
Let's first take a look back at 2020! Adding to the list of difficulties that surfaced last year, 2020 was also grim for personal data protection, as it has marked a new record number of leaked credentials and PI data. A whopping 20 billion records were stolen in a single year, increasing 66% from 12 billion in 2019. Incredibly, this is a 9x increase from the comparatively "small" amount of 2.3 billion records stolen in 2018. This trend seems to fit an exponential curve; even worse, we are yet to see the fallouts from the end of the year "Solorigate" campaign, which has the potential to marginalize even these numbers by the end of 2021. Found among the leaked data are usernames, passwords, credit card numbers, bank account details, healthcare information, and other personal data. Malicious actors utilize these treasure troves of information for fraud and further attacks. In just the first quarter of 2020, the Dutch government managed to lose a hard drive
