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DATA BREACHES ARE GETTING WORSE - AND MANY ARE COMING FROM A FAMILIAR SOURCE

Author: Sead Fadilpašić

Length: • 2 mins


May 10

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Annotated by Steven Kornweiss

(Image credit: weerapatkiatdumrong / Getty Images)

Hacking an IT network via zero-day vulnerabilities may grab all the headlines,
but the vast majority of cybersecurity-related incidents come as a consequence
of employee error.

The latest Verizon Business Data Breach Investigations Report (DBIR) found half
(49%) of the incidents across the EMEA region are initiated internally.

Across the EMEA region, the top reasons for cybersecurity incidents include
“miscellaneous errors, system intrusion, and social engineering” (87% of all
breaches).


ZERO-DAYS STILL A MAJOR THREAT

When hackers make their way into an IT network, they mostly steal personal
information (64%), followed by internal data (33%), and login credentials (20%).

But even when data breaches aren’t accidental and include a malicious third
party, they are still initiated with a non-malicious human action, Verizon
further explains. That means that an employee will either make a mistake, or
fall prey to a social engineering attack.

“The persistence of the human element in breaches shows that organizations in
EMEA must continue to combat this trend by prioritizing training and raising
awareness of cybersecurity best practices,” said Sanjiv Gossain, EMEA Vice
President, Verizon Business.

However, the increase in self-reporting is promising and indicates a cultural
shift in the importance of cybersecurity awareness among the general workforce.”

This doesn’t mean that attacks via zero-days are negligible. In fact, globally,
the exploitation of vulnerabilities as an initial point of entry increased since
last year, accounting for 14% of all breaches, Verizon’s report further stated.
This spike was driven mostly by the MOVEit cyberattack, which saw the ransomware
actors known as Cl0p abusing a zero-day in the managed file transfer solution to
compromise thousands of organizations worldwide, and steal enormous amounts of
sensitive information.


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