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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When Your Brand Becomes the Weapon – The Rise of Impersonation Scams

🎭 Hackers Are Now Weaponizing Trusted Brands

📉 Brand impersonation scams are exploding – and they’re not sloppy. These emails and texts look like your bank, your vendor, your CEO.

🔒 Trust has become the easiest entry point for attackers. And once they have it, the click is just a formality.

🧠 It’s not enough to warn teams. They must experience real impersonation attempts to build reflexive resistance.

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📈 These scams are scaling fast because attackers know something most orgs ignore – we don’t suspect what we recognize.

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💥 What You Don’t Know Can Cost You Millions

Breaches often come from forgotten assets or unnoticed exposures.

Ignoring your external attack surface is like leaving your front door wide open.

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Why Hackers Love Small Businesses – And How to Shut the Door

🛑 SMEs Are Now the #1 Cyberattack Target

📊 43% of all cyberattacks target small and medium-sized businesses – and the majority start with one simple tactic: social engineering.

📬 A fake invoice.
🧑‍💻 A spoofed vendor.
📁 A calendar invite with malware.

Most employees won’t spot it – until it’s too late.

🔒 The problem isn’t just tech – it’s human vulnerability at scale.

🧠 AUMINT.io runs real-world social engineering simulations to identify who’s most at risk, what they click on, and how attackers would exploit your people.

📈 Our data shows that within just 30 days of simulated exposure, SMEs reduce human-driven risk by over 55% – without hiring a single extra security head.

💡 It’s not about fear – it’s about clarity, action, and control.

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