It is estimated that organizations will face around 33 billion account breaches in 2023.
The three biggest security incidents of May 2023 accounted for more than 84 million breached records – or 86% of the month's total.
In 2022, the average cost of a data breach reached $4.4 million: a 13% increase since 2020. Based on the end of 2022, the average cost is expected to reach $5 million per incident in 2023.
Weekly cyber-attacks have increased worldwide by 7% in Q1 2023 compared to the same period last year, with each firm facing an average of 1248 attacks per week.
Based on a survey of 3,000 cybersecurity/IT professionals across 14 countries, this report reveals the reality of securing an organization from cyberthreats in 2023, and the business impact of adversaries. It includes: Frequency and type of cyberattacks experienced over the last year.
The flaw, tracked as CVE-2023-2136, is described as a case of integer overflow in Skia, an open source 2D graphics library. Clément Lecigne of Google's Threat Analysis Group (TAG) has been credited with discovering and reporting the flaw on April 12, 2023. "Integer overflow in Skia in Google Chrome prior to 112.0.
The attack on NCB Management was first detected on February 4, 2023, and on March 8th, it was noted that Bank of America customers were involved specifically.
Criminal hacking—it's what causes the majority of data breaches. These are planned attacks by cybercriminals always looking to exploit computer systems or networks. Some common techniques include phishing, password attacks, SQL injections, malware infection, and DNS spoofing.
Gartner predicts that by 2025, lack of talent or human failure will be responsible for over half of significant cyber incidents. The number of cyber and social engineering attacks against people is spiking as threat actors increasingly see humans as the most vulnerable point of exploitation.
More than 1 million cyber security jobs will be available by 2023, but less than 400,000 cybersecurity professionals will be trained by then. Cyber security is an ever-growing industry. It is projected to grow by 11% in 2023 and by 20% in 2025.
In IBM's 2022 data security report, it was reported that it took an average of 277 days – roughly 9 months – for businesses to identify and report a data breach. Stolen or compromised credentials were the most common cause of a data breach in 2022, and these types of attacks took around 327 days to identify.
PharMerica Data Breach: US Pharmaceutical giant PharMerica – which manages 2,500 different facilities across the US – has revealed that an unknown actor accessed its systems in March and extracted personal data pertaining to 5.8 million individuals (both alive and deceased).
4. 45% of US companies have experienced a data breach. The 2021 Thales Data Threat Report found that almost half (45%) of US companies suffered a data breach in the past year.
They have massive amounts of security measures in place, and a key part of this is the early detection of attacks. By noticing sooner they limit damage, and what they lose they write off. One of the most valuable system cracks of all time was CitiBank, when their VAX/VMS system was hacked in the 80s.
There are several ways that scammers can gain access to your online bank account. They could use phishing attacks, malware or other cyberattacks, or buy your credentials online after a data breach. For example, the Michigan-headquartered Flagstar Bank was the recent victim of a data breach.
If your account is compromised, your account could be emptied or your card could be frozen by your bank, leading to denied transactions.
For this, Google has a password checkup tool. This tool scans the stored password in the account, including the Google account password, and informs whether they have been compromised or not. It also tells whether you need to create a unique password or change the password altogether.
In March 2023, a ransomware group claimed to have data pertaining to Amazon Ring. Amazon denied that they had been breached, and so far, no other evidence has surfaced to substantiate the breach.
Cybersecurity is a rapidly growing field, with many job opportunities available worldwide. As businesses become more reliant on digital technology and data storage, Cybersecurity has become an essential component of protecting their valuable information and assets.
A recent report by (ISC)2 found that the global cybersecurity workforce grew by 11% in 2022, and the talent gap continued to grow by 26.2%. Demand vastly outpaces the supply of cybersecurity professionals as the need for talented staff rises throughout every sector.
According to more data by Statista, cloud security is the fastest-growing segment in the IT security market, with a projected growth of nearly 27% from 2022 to 2023. This is mainly due to the increasing demand for cloud solutions in the wake of the COVID-19 outbreak.