The Continued Threat to Personal Data: Key Factors Behind …

The number of data breaches more than tripled between 2013 and 2022.21,22. +20%. In the first nine months of 2023, the number of data breaches in the US have already increased by nearly 20% compared to all of 2022.2,3,4. 95%. In the 2023 IBM Cost of a Data Breach Report, 95% …

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Why are cybercriminals a growing threat to personal data?

Cybercriminals constantly evolve tactics to find new ways to exploit vulnerabilities, increasing their attack sophistication and frequency. The past year saw a significant increase in threats to personal data. ...

What is the rising threat to consumer data in the cloud?

nd exploit readable personal data, in particular when stored in the cloud.1Last year’s study, “The Rising Threat to Consumer Data in he Cloud,” found that these threats had reached historically high levels. And now, with complete data from 2022 and most of cybercriminals to expose this data, including(1) supp ...

Why is personal data theft increasing?

In a new report, Madnick identifies three primary reasons behind the latest uptick in personal data theft: misconfiguration of cloud environments, the emergence of new and more dangerous types of ransomware, and increased exploitation of vendor systems (an attack vector sometimes referred to as a supply chain breach). ...

How many personal records have been compromised by data breaches?

Apple today shared a study conducted by MIT professor Dr. Stuart Madnick that found 2.6 billion personal records were compromised by data breaches in the past two years. The study was commissioned by Apple, but the cover page says that the "conclusions and opinions expressed are exclusively those of the author." ...

Is Apple's Advanced Data Protection a threat to consumer data?

Following up on last year’s report “The Rising Threat to Consumer Data in the Cloud”, Apple has shared a new study from MIT’s Dr. Madnick that looks at how cyber threats are growing worldwide. Read on for a look at the state of online security and what we can do to limit our exposure and risk like using Apple’s Advanced Data Protection. ...

How does digitalization affect data breaches?

As shown in this year’s report, the increasing digitalization of users’ personal and professional lives has fueled a dramatic rise in data breaches. Each year, thousands of data breaches expose the personal information of hundreds of millions of consumers. ...