United States Reported Less Data Breaches in 2020 but with much more Expensive Successful Hacker Attacks
According to the annual report of the Identity Theft Resource Center (ITRC), 1,108 cyber incidents were reported in 2020 and the number casualties from these incidents was close to 301 million people, a drop of 66% over the previous year.
The social engineering technique of impersonation also helped attackers reap massive profits:
The volume of business fraud and hacking by corporate e-mail systems (BECs) reported to the FBI in 2020 was US$ 1.8 Billion – a figure that reflects half of all cyber damage in monetary terms.
“The trend away from mass data breaches and toward more precise and sophisticated cyberattacks doesn’t mean businesses can relax. Just the opposite. They need to learn whole new ways of protecting their data.”
– James E. Lee, ITRC COO
Read more about Examples and Numbers of Social Engineering Hacker Attacks ›
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Why Our Brains Let Us Fall for Scams – And How to Shield Against Them
🧠 Why Even Smart People Fall for Scams
We’re wired to trust authority, act on urgency, and return favors – all survival traits that scammers now exploit.
Forbes reveals how social engineering uses authority bias and emotional impulses to bypass firewalls and training.
📊 Surprisingly, intelligence doesn’t prevent us from falling in psychological traps.
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Schools Under Siege: Tackling 3,000 Cyber Threats Weekly
🎓 U.S. Schools Face 3,000 Cyber Threats Weekly
💡 Schools aren’t just educating – they’re being attacked, with over 3,000 cyber threats per week targeting educational institutions .
🛡️ Threat vectors range from ransomware to phishing and DDoS – jeopardizing student data and disrupting daily learning.
📉 Underfunded IT teams and outdated systems make schools soft targets.
📚 Educators and staff often lack the training needed to spot sophisticated cyber tactics.
📈 To break this cycle, schools need:
Regular cybersecurity training
System upgrades and proactive patching
Comprehensive incident response protocols
🔐 At AUMINT.io, we provide education-specific cybersecurity: from risk assessments to live threat monitoring and staff training.
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