Verizon's annual Data Breach Investigations Report (DBIR) is launched today and as always provides valuable insight into the cybersecurity challenges faced by organizations. We all know that 2020 was a year like no other. Phishing and ransomware were the most "successful" of the threats, up 11% and 6% respectively. However, the rapid innovations that many organizations made in 2020 did not always address information risk and security upfront, leading to further opportunities for compromise by malicious threats.
Innovation Drives Threats
Omdia's annual ICT Enterprise Insights survey, last undertaken in mid-2020, found that the transformation of customer experience is the leading technological impact of COVID-19, with 34% describing it as "significantly more important", and a further 42% as "more important" (n=4,961). This is because innovation must continue and many organizations have evolved and even changed the way they do business, with customers at the heart of that business (public and private sector alike).
Of course, expanding an organization's digital footprint doesn't come without risk. Such was the speed of business innovation at the height of the pandemic that reviewing and mitigating security risks relating to this transformation were lower on the agenda than they might be in more stable times. Hyperscalers (e.g. Amazon Web Services, Microsoft Azure, and Google Cloud Platform) have improved the default security settings on their services to reduce the opportunity for "rookie" mistakes by customer organizations. For example, S3 buckets are now private by default and have to be made public by the customer organization (the default "public" setting led to the high-profile Capital One breach back in 2019).
The 2020 DBIR has found that cloud-based assets more commonly suffered a breach compared to ..
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