Data breaches in 2014

In our digital-driven world, data are the most important and strategic asset, every forward-thinking mind wants to control. 

Therefore, not amazing to note that, according to Gemalto, Data breaches increased 49 percent in 2014 to 1 billion data records compromised, with cybercriminals targeting identity theft as top breach category.

Gemalto also states that, more than 1,500 data breaches led to one billion data records compromised worldwide during 2014.

When it comes to industries, Connectikpeople.co observes that retail and financial services experienced the most noticeable trends compared to other industry sectors in 2014. Retail experienced an increase in data breaches compared to last year, accounting for 11% of all data breaches in 2014.

In terms of data records compromised, ‘’the retail industry saw its share increase to 55% compared to 29% last year due to an increased number of attacks that targeted point-of-sale systems. For the Financial Services sector, the number of data breaches remained relatively flat year over year, but the average number of records lost per breach increased ten-fold to 1.1 million from 112,000’’.