Six Data Breach Predictions for 2015

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More Hackers Will Target Cloud Data

Cloud services have been beneficial to both consumers and business productivity. However, as more information gets stored in the cloud and consumers rely on online services for everything from mobile payments and banking to photo editing and commerce, they become a more attractive target for attackers. In fact, a recent study from Juniper Networks and the RAND Corporation found a Twitter account is worth more on the black market than a credit card number.

Beyond online credentials, loss of other personal information remains concerning if still underreported. Breached emails often lead to spear phishing attacks or spam and the loss of personal information like name, address, date of birth and Social Security numbers can be used as part of synthetic identity theft.

With the end of the year fast approaching, now is an apt time to reflect back on 2014 and look ahead to what's to come next year. For the data breach industry, 2014 was an explosive year with nearly half of all organizations suffering at least one data breach – up 10 percent from the year prior. This has resulted in companies taking positive initial steps to prepare for a breach, but much remains to be done.

To help businesses prepare for what is on the horizon, Experian Data Breach Resolution has developed six key predictions about how the data breach industry will evolve in 2015. These predictions are based on experience helping more than 3,000 companies manage breaches of all types in 2014 and conversations with leaders across the security landscape.

For more guidance on how to prepare for a data breach, you can also download the Experian Data Breach Response Guide, available for free at: http://www.experian.com/data-breach/2014-2015-response-guide.html.

 

Related Topics : Unisys, Stimulus Package, Security Breaches, Symantec, Electronic Surveillance

 
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