In an effort to help our clients and others learn from the breaches of 2014, we examine the data from cases we handled for U.S.-based clients and identified trends with major implications:
Which industries saw the most breaches? For the second year in a row, three industries accounted for over two-third of all our client events.
- How are the breaches happening? Approximately 45% of data compromises we responded to were caused by a malicious actor. Although only a small percentage was due to hacking, it wasn’t retail that led the way in percentage of hacking cases.
- Is credit monitoring still relevant? Nearly 58% of consumers surveyed by Kroll indicated they had been part of at least one data breach, but what they had to say about remediation services may come as a surprise.
- The “mega-breach” looms large. Nearly every organization, regardless of industry, is paying attention to the massive breaches that occurred in 2014 – but are they learning the right lessons?