The FBI’s Internet Crime Complaint Center (IC3) reported an increase in the number of complaints from 301,580 in 2017 to 351,000 in 2018, with losses exceeding $2.7 Billion.
Data breaches are threatening the security of more U.S. consumers, according to a survey released by The Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re, with more than a third reporting that their personal information was exposed.
The Asia-Pacific region led in the number of data compromises investigated in 2017, accounting for 35% of instances and overtaking North America at 30%, down from 43%.
Unauthorized access to a Georgia Institute of Technology web application has exposed personal information for up to 1.3 million individuals, including some current and former faculty, students, staff and student applicants, Georgia Tech reports.
In 2018, we witnessed some of the biggest data breaches ever – affecting businesses and consumers alike. From social media, hospitality, healthcare and even mail delivery, 2018 proved that there is no escaping cybersecurity flaws, regardless of the type of business or its popularity. For example, we witnessed the data of approximately 500 million Marriot guests get breached and a USPS security flaw that exposed the personal data of more than 60 million people.
According to the 2018 Norton LifeLock Cyber Safety Insights Report, nearly three out of four Americans (72 percent) are more alarmed than ever about their privacy.
