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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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📉 Underfunded IT teams and outdated systems make schools soft targets.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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Partnering for Compliance: Why the Right IT Ally is Crucial in the EU Regulatory Landscape

🔐 Navigating EU Compliance: The Strategic Role of IT Partnerships

As EU regulations like DORA, NIS2, MiCA, and the EAA reshape the business landscape, compliance has become a technical imperative. Organizations must now integrate regulatory requirements directly into their IT infrastructure.

Choosing the right IT partner is crucial to:

Implement compliant systems.

Conduct risk assessments and resilience testing.

Ensure digital accessibility.

Stay ahead of regulatory changes.

Proactive compliance not only mitigates risks but also offers a competitive advantage by enhancing operational efficiency and building client trust.

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