Tag: Bank

Insights From Verizon’s Data Breach Investigations Report

In early spring, while many people are anticipating the return of warm weather and blue skies, the information security industry is looking forward to the release of Verizon’s annual Data Breach Investigations Report (DBIR). Published since 2008, DBIR is a data security reference guide, playbook and bible. Global in scope, the report analyzes thousands of confirmed data breaches and security incidents, sorts out the trends, and provides best practice guidance that informs the industries’ approach to cyberthreats and digital security. This year’s report includes the obligatory alarming statistics, among the most eye-opening being that in 60 percent of investigated incidents attackers were able to compromise a target network within minutes. Equally interesting, the majority of the 79,790 incidents and 2,122

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