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On Tuesday July 9, 2019 the Internet Society’s Online Trust Alliance (OTA) released its 11th Cyber Incident & Breach Trends report, which provides an overview of cyber incidents – and offers steps organizations can take to prevent and mitigate the potential damage. This year’s report found a shifting landscape of cyber incidents. As the growth of some attack types levels off, others increase.
Adding
it all up, OTA estimates that there were more than 2 million cyber incidents in
2018, and it is likely that even this number significantly underestimates the
actual problem. OTA estimates an overall financial impact of at least $45 billion worldwide. The lead categories of attacks are
cryptojacking (1.3 million) and ransomware (500,000), followed by breaches
(60,000), supply chain (at least 60,000 infected websites), and Business Email
Compromise (20,000).
There are many organizations that
track data breaches overall. For example, Risk Based Security Reported the
highest number at 6,515 breaches and
5 billion exposed records, both down from 2017. These estimates vary depending
on their methodologies – see our full report
for all of the breach estimates and our methodology.
One well-established attack type, ransomware,
saw a decline in 2018. However, the
total dollar Continue reading