Patterns within Financial, Insurance, and Retail Industries
Traditionally Point of Sale (PoS) was the dominant concern for data breaches. Today there is a rising trend of exploiting web applications as institutions, retailers, and individuals increase their reliance on saving valuable data to the cloud, such as email accounts and business-related processes.
The majority of attacks are perpetrated by financially motivated external actors.
Patterns in Financial and Insurance Industry Breaches
Patterns in Retail Industry Breaches
In 2020, the Verizon incident response team reported 148 breaches in the retail industry.
Types of Data Compromised
%
Personal
49%
Payment
47%
Credentials
27%
Other
25%
Types of Data Compromised
%
In 2020, the Verizon incident response team reported 448 breaches in the financial and insurance industries.
Personal
77%
Credentials
35%
Other
35%
* Data is based on 2020 Data Breach Investigations Report. Data breaches may be associated with multiple types of compromised data.
Bank
32%
14
Made with FlippingBook - Online catalogs