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
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97% of APAC Breaches Stem from Just Three Attack Vectors – Are You Prepared?
🚨 97% of APAC Breaches: Are You at Risk?
📊 The Verizon 2025 DBIR reveals that 97% of data breaches in the Asia-Pacific region stem from system intrusions, social engineering, and basic web application attacks.
🔐 System intrusions have escalated dramatically, now accounting for 80% of breaches, up from 38% the previous year.
💰 Ransomware is a significant factor, involved in 51% of these breaches, with median ransom payments reaching $115,000.
🎯 Social engineering tactics, including phishing and pretexting, continue to exploit human vulnerabilities, representing 20% of breaches.
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Simulating real-world phishing and social engineering attacks to train employees.
Providing CISOs with actionable insights into human risk factors.
Enhancing overall security posture by addressing both technological and human vulnerabilities.
📈 Empower your team to recognize and thwart these sophisticated attacks.
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