Data Breaches Skyrocket: Ransomware and Infostealers Lead the Chaos in 2024
In 2024, data breaches surged by 6%, with ransomware and compromised credentials leading the charge. Flashpoint’s report reveals over 16.8 billion exposed records and highlights the rise of infostealer malware as a primary threat. Organizations should brace themselves for a comedic yet serious note: it’s time to patch up before your data runs away!
Hot Take:
In 2024, it seems that hackers have really stepped up their game – and not in the way that gets them a gold medal. With a 6% rise in data breaches, it’s clear that cybercriminals are the only ones who got a “raise” this year. And with ransomware, compromised credentials, and vulnerability exploits spreading like a bad TikTok dance, it’s time to patch up those systems and put the brakes on this digital crime spree!
Key Points:
- Data breaches increased by 6% year-on-year in 2024, with ransomware and credential compromises leading the charge.
- The US accounted for 63% of the 6670 publicly reported data breaches, with the UK and Canada trailing behind.
- Over 3.2 billion compromised credentials were found in illicit marketplaces, marking a 33% increase.
- Ransomware attacks saw a 10% rise, with technology, manufacturing, and retail sectors being favorite targets.
- Vulnerability exploitation surged 12%, highlighting the critical need for effective patch management.