According to the Identity Theft Resource Center, 1,244 data breaches were reported in 2018 that compromised over 446 million records containing consumers PII. Thousands of additional businesses are breached every day, but just don’t know it. Cybercrime is already generating at least $1.5 trillion in revenues every year, larger than the GDP of Spain, Australia or Mexico. The dark economy that is supported by breaches and fraud is alive and well, says Stephen Orfei, former general manager of the PCI Security Standards Council.”]
Source: https://www.csoonline.com/article/3396160/why-reported-breaches-are-the-tip-of-the-iceberg.html