Data breaches are down but hackers get selective

The latest data breach figures from Symantec present a ‘good news, bad news’ scenario.

Symantec’s August 2012 Intelligence Report compares the number of breaches for the first eight months of this year with the same period of 2011. There were an average of 14 data breaches per month so far in 2012, down from 16.5 from January to August of 2011.

And the average number of identities stolen during those incidents was cut in half from 2011 to 2012 during the months of January to August.

Sounds like good news. But the bad news is that, as Symantec cautions, hackers may just be getting smarter and more strategic.

“It could be that hackers aren’t going after the largest data breaches they can pull off but rather smaller breaches that contain more sensitive information,” the report suggests. “That doesn’t mean that the threat has passed. Rather it’s possible data breaches today have simply become more targeted.”

“The information (hackers) are stealing could very well be smaller in size, but more useful for criminal activities,” Symantec’s report says.

And although hackers are still to blame for most of the breaches (40 per cent) the rest of us can bear some responsibility too: 21 per cent of breaches result from data being made public accidentally and 19 per cent are due to theft or loss.

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Jim Love, Chief Content Officer, IT World Canada

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