A whopping 20 billion records were stolen in a single year, increasing 66% from 12 billion in 2019. This is a 9x increase from the comparatively “small” amount of 2.3 billion records stolen in 2018. Malicious actors utilize these treasure troves of information for fraud and further attacks. 2020 closed with a total of 1,114 incidents, with several governments and well-known brands involved in large-scale breaches. Most large organizations use data leak prevention technologies yet fail to protect against password leaks and account takeovers.
Source: https://thehackernews.com/2021/03/why-do-companies-fail-to-stop-breaches.html