![]() ![]() Additionally, the overall costs of recovering from a ransomware incident are increasing. The median loss more than doubled to $26,000, and the highest reported losses hitting $2.25 million. ![]() Ransomware was again one of the top action types present in breaches, present in 24% of cases. While it should come as no surprise that most cybercriminals are driven by financial gains, it is alarming that this motivating factor has shown growth year over year, up to 94.6% in breaches. The vast majority of breaches, around 75%, involved organized crime, while less than 10% involved nation-state affiliated actors. Social Engineering - Psychological compromise of a person that alters their behavior into taking an action or breaching confidentiality.Īccording to the report, 74% of all breaches include the human element, with people being involved either via Error, Privilege Misuse, Use of stolen credentials, or Social Engineering.Įxternal actors were responsible for 83% of reported breaches, with the rest being carried out by a mix of internal personnel and partners, third parties sharing a business relationship with the organization.It is the “get in, get the data and get out” pattern. Basic Web Application Attacks - Attacks are against a Web application, and after the initial compromise, they do not have a large number of additional Actions.System Intrusion - Complex attacks that leverage malware and/or hacking to achieve their objectives, including deploying Ransomware.The report shows that the top three attack patterns over the previous year were: This report has become one of the most anticipated reports, as it helps organizations understand what threats they are facing and how to best prepare for those eventualities. This report's release also marks the 20th year anniversary of the center's creation, making them industry leaders in this area of research. This is the 16th annual report issued by the Verizon Threat Research Advisory Center, VTRAC, which is a group inside Verizon that helps teams "mitigate cyber threats from their networks, applications, and devices." The 2023 DBIR examined 16,312 incidents, of which 5,199 were confirmed data breaches, taking place between the beginning of November 2021 and the end of October 2022. As they state, "We don't require bad actors to evolve their tactics because the old ones still work just fine." This also mirrors our State of Secrets Sprawl Report findings, where the trend lines for the same credential-related issues keep going up. ![]() Unfortunately, if you read the previous years' reports, much of the information will look familiar. This comprehensive report summarizes their findings about incidents from all industries and companies of all sizes. On June 6, Verizon unveiled its 2023 Data Breach Investigations Report, DBIR. ![]()
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