Intelligent CISO Issue 03 | Page 22

infographic New research from Gemalto has revealed a huge increase in the number of records stolen or compromised in 2017. It outlines the breaches by industry, region and type to give a breakdown of the findings. 22 G Gemalto, a world leader in digital security, has released the latest findings of the Breach Level Index, revealing that 2.6 billion records were stolen, lost or exposed worldwide in 2017, an 88% increase from 2016. of data compromised and how it was accessed, lost or stolen. While data breach incidents decreased by 11%, 2017 was the first year publicly disclosed breaches surpassed more than two billion compromised data records since the Breach Level Index began tracking data breaches in 2013. Human error a major risk management and security issue Over the past five years, nearly 10 billion records have been lost, stolen or exposed, with an average of five million records compromised every day. Of the 1,765 data breach incidents in 2017, identity theft represented the leading type of data breach, accounting for 69% of all data breaches. Malicious outsiders remained the number one cybersecurity threat last year at 72% of all breach incidents. Companies in the healthcare, financial services and retail sectors were the primary targets for breaches last year. However, government and educational institutions were not immune to cyber-risks in 2017, making up 22% of all breaches. The Breach Level Index serves as a global database that tracks and analyses data breaches, the type Companies in the healthcare, financial services and retail sectors were the primary targets for breaches last year. Based on data breach reports collected in the Breach Level Index, the major 2017 highlights include: Accidental loss, consisting of improper disposal of records, misconfigured databases and other unintended security issues, caused 1.9 billion records to be exposed. A dramatic 580% increase in the number of compromised records from 2016. Identity theft is still the number one type of data breach Identity theft was 69% of all data breach incidents. More than 600 million records were impacted, resulting in a 73% increase from 2016. Internal threats are increasing The number of malicious insider incidents decreased slightly. However, the amount of records stolen increased to 30 million, a 117% increase from 2016. What a nuisance The number of records breached in nuisance type attacks increased by 560% from 2016. The Breach Level Index defines a data breach as a nuisance when the compromised data includes basic information such as name, address and/or phone number. The larger ramification of this type of breach is often unknown, as hackers use this data to orchestrate other attacks. Jason Hart, Vice President and Chief Technology Officer for Data Protection at Gemalto, said: “The manipulation of data or data integrity attacks pose an arguably more unknown threat for organisations to combat than simple data theft as it can allow hackers to alter anything from sales numbers to intellectual property. By nature, data integrity breaches are often difficult to identify and, in many Issue 03 | www.intelligentciso.com