U.S. Data Breaches Hit A Record High

July 20, 2017, Written By John H. Oldshue
U.S. Data Breaches Hit A Record High

Data breaches in the United States have hit a half-year record high, according to a new study from the Identity Theft Resource Center and CyberScout. In the first six months of 2017, an estimated 791 data incidents occurred throughout the country, 29% more than 2016.

Based on the mid-year report, the ITRC predicts more than 1,500 total breaches will take place in 2017, which would be 37% higher than last year. A record 1,093 reported breaches took place in 2016.

In order to truly understand how damaging these incidents are, analysts need specific information about the number of records affected by the breach. Unfortunately, 76% of notifications from this year’s data breaches have not included the number of records impacted. There are no regulations that currently require this information, so researchers are at the mercy of the businesses attacked in the breaches.

The healthcare industry is an exception to this. There are now laws in place that require compromised record numbers for incidents that affect more than 500 people. Due to those regulations, 81.5% of healthcare breaches included this information during the first half of 2017.

63% of data breaches have occurred through hacking this year. That includes skimming, phishing and malware attacks. Phishing attacks represent 47.7% of all hacking incidents. Employer negligence accounted for 9% of total breaches, followed by accidental web exposures at 7%.

The information contained within this article was accurate as of July 20, 2017. For up-to-date
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About John H. Oldshue

John Oldshue is the creator of LowCards.com. He worked for over 15 years in television and won an Emmy award for his reporting. He covers credit card rate issues for LowCards.com.
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