Statistics show 2019 may be worst year ever for data breaches

Key findings from Risk Based Security’s 2019 MidYear QuickView Data Breach Report show that 2019 is on track to be the worse year for data breaches with billions of records exposed.

According to the report, the number of data breaches resulting in exposed records is up by 54% year over year in the first half of 2019, and the number of records exposed in those breaches is up by 52%. More than 3,800 breaches were reported in the first six months of this year, and just eight of those exposed more than 3.2 billion records, nearly 80% of all records exposed so far in 2019.

Other findings reveal that web remains the number one breach type for the number of records exposed, accounting for 79% of compromised records, and email addresses and passwords remain prized targets, with email addresses exposed in approximately 70% of reported breaches, and passwords exposed in approximately 65% of reported breaches.

Continue reading.

Sources: USA Today and The 2019 MidYear Data Breach QuickView Report

As technology changes, every credit union faces new security issues. Let Credit Union Resources help you stay on top of it—your future could depend on it. Our team of technology professionals provides guidance on compliance, shares best practices, and performs audits. We have a vested interest in your success, and your cybersecurity matters to us. To find out how we can help you manage cybersecurity and operational risks, contact:

Idrees Rafiq
469-385-6799
800-442-5762, ext. 6799
irafiq@curesources.coop

About Credit Union Resources Inc.
Credit Union Resources is a service corporation that provides industry-leading solutions and expertise to credit unions across the country. Credit Union Resources is a wholly owned subsidiary of the Cornerstone Credit Union League, a regional trade association representing the interests of credit unions in Arkansas, Oklahoma, and Texas.