Ransomware, Vendor Hacks Push Breach Number to Record High

Fraud Management & Cybercrime

Report: 2.6 Billion Personal Records Exposed in the Last 2 Years

Ransomware, Vendor Hacks Push Breach Number to Record High
Data breaches in the U.S. have hit an all-time high thanks to hacking incidents, including ransomware and vendor attacks, says a new study released by Apple and MIT. (Image: Getty)

The number of data breaches in the U.S. has hit an all-time high amid mounting attacks against third party vendors and aggressive ransomware attacks, says a report from Apple and a Massachusetts Institute of Technology researcher.

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Data breaches have more than tripled between 2013 and 2022, compromising 2.6 billion personal records in just the past two years – and that trend has continued to worsen in 2023, says the report written by MIT professor Stuart Madnick and published Thursday.

In the first eight months of 2023, more than 360 million people were affected by corporate and institutional data breaches, and 1 in 4 people in the U.S. had their health data exposed in data breaches.

More ransomware attacks were reported through January to September 2023 than in all of 2022, the report said. In the first three quarters of 2023, the number of ransomware attacks increased by nearly 70% compared to the same period in 2022.

A 2023 survey of 233 IT and cybersecurity professionals across 14 countries working in the healthcare sector found that 60% of organizations have faced a ransomware attack, which is…