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From the Cybersecurity News Desk

After a Recent Data Breach Report, Verizon says Ransomware is Topping the Charts 

According to the 2023 Data Breach Investigations Report, there were 5,199 data breaches in the past year, with social engineering attacks almost doubling and ransomware holding statistically steady at 24%. The report also indicated that 83% of involved external actors are mainly motivated financially and social engineering has made it easy to steal sensitive information from trusting victims.

“It’s not just about what can we do from a technology standpoint to solve cybersecurity, but also what can we do from a people standpoint,” Verizon Business Managing Director of Cybersecurity Chris Novak stated. The Sensitive information that can be monetized is a priority target for these ransomware groups and obtaining this information is going to continue to evolve.

Verizon recommends that organizations should stay vigilant in maintaining cyber hygiene. A smart technique would be to run a simulation drill to practice protocol during an event of a breach. In doing so, finding gaps in your plans can make it easier to address before an actual breach happens.


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