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 ›
Save Your Company from Social Engineering Attacks Like that
Register and Get your Personalized Free Exposure Report NOW
and See your where your Company is Exposed to Hackers
Recently Published on our Blog
Why Startups Can’t Afford to Ignore Privacy and Cybersecurity
🚀 Startups Under Siege: Cybersecurity Is Not Optional
⚡ 400% more attacks now hit early-stage ventures compared to a few years ago. Startups have become prime targets because criminals know they’re moving fast without strong defenses.
⚡ Investors no longer just ask about growth – they want proof that privacy and cybersecurity are built into your DNA.
⚡ A single phishing email, insider mistake, or weak third-party control can kill a funding round, stall a launch, or destroy customer trust overnight.
🛡️ AUMINT.io empowers startups to fight back with real-world simulations and tailored awareness programs that build resilience without draining resources.
👉 If your startup is scaling, don’t wait for a breach to prove your vulnerabilities. Book a call today
.
#CyberSecurity #Startups #VentureCapital #DataPrivacy #RiskManagement #CISO #Founders #TechLeaders
When Cybersecurity Failures Cost Executives Bonuses
The recent Qantas cyber breach exposed a troubling trend in corporate accountability. While hackers accessed sensitive data, the airline’s...
Healthcare Data Breaches Are Draining Millions – Here’s How to Fight Back
🏥 Healthcare Breaches Are Costing Millions
⚡ A 400% increase in healthcare organizations losing over $200,000 per breach shows just how fast the crisis is escalating.
⚡ Patient records are more valuable than credit cards – once stolen, they cannot be replaced.
⚡ The financial hit goes beyond direct loss: compliance penalties, lawsuits, and reputational damage can destabilize entire healthcare systems.
⚡ Social engineering is the real weapon here, as attackers exploit human trust through phishing, impersonation, and vendor manipulation.
🛡️ AUMINT.io empowers healthcare organizations to simulate these real-world threats, strengthen employee awareness, and reduce the risk of becoming another costly statistic.
👉 Are your defenses ready for the next breach? Book a call today
.
#CyberSecurity #HealthcareSecurity #FraudPrevention #SocialEngineering #CISO #HealthcareIT #RiskManagement #PatientSafety