2021 is on course for a record year in publicly reported data breaches, according to the Identity Theft Resource Center (ITRC).
The agency’s most recent report notes that the number of recorded data breaches this year to September has exceeded the number of data compromise incidents reported in all of last year.
Even if the total number of data security incidents falls slightly by the third quarter of 2021 (446 data breaches in Q3 vs. 491 data breaches in Q2), the total number of incidents rose to 1,291, a 17% increase from the number of data events reported in 2020.
The ITRC’s report shows that most data compromise incidents continue to stem from cyberattacks, including phishing with 370 incidents and ransomware with 244 reported incidents so far.
“While the total number of data breaches dropped slightly in Q3, we are only 238 data breaches away from tying the all-time record for data compromises in a single year,” said Eva Velasquez, President and CEO of ITRC. “It’s also interesting to note that the 1,111 data breaches from cyberattacks so far this year exceeds the total number of data compromises from all causes in 2020. Everyone needs to continue to practice good cyber-hygiene to protect themselves and their loved ones as these crimes continue to increase.”
The reports highlight that data incident reports came from 10 out of 13 industry verticals, including financial services, manufacturing & utilities, healthcare and professional services, and the education sector.
The data compromise incidents have affected hundreds of millions of individuals, including:
The ITRC emphasizes that the rise in victims is due to unsecured cloud databases and not data breaches.
“The dramatic rise in the number of victims was directly related to 26 instances where cloud databases were not secured,” the report said. “Twenty (20) organizations failed to secure a cloud database exposing the personal information of 99M individuals. Data exposures due to a system or human error are generally lower risk because there is no indication the information was accessed, copied, or removed from the exposed database.”
These figures reveal a chilling truth: we can’t always rely on organizations to safeguard our data. It’s up to each of us to help minimize the side effects of data breaches and data compromise incidents by making more privacy and security-related decisions online.
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Alina is a history buff passionate about cybersecurity and anything sci-fi, advocating Bitdefender technologies and solutions. She spends most of her time between her two feline friends and traveling.
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