Blog | G5 Cyber Security

Verizon Data Breach Report: Espionage, C-Suite and Cloud Attacks on the Rise

Verizon’s 2019 Data Breach Investigations Report (DBIR) analyzed 41,000 cybersecurity incidents and over 2,000 data breaches from 86 countries. Corporate espionage is on the rise as a motivation for cyberattacks, with a quarter of all network compromises associated with reconnaissance and data exfiltration in the last 12 months. Social-engineering attacks aimed at stealing funds still represented 12 percent of data-breach incidents, and most cyberattacks overall were motivated by financial gain. Half of organizations are taking months or longer to discover breaches a dwell time average that improves the chances of adversaries making off with key intellectual property or credentials.

Source: https://threatpost.com/verizon-dbir-espionage-c-suite-cloud/144486/

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