Verizon�s data breach report: What the numbers say

What are some of the most interesting takeaways from Verizon�s latest annual security report?

Data breach, yawn. Those two little words that occur so frequently in the media and will have you switching off. Last week, Verizon released their 2019 Data Breach Investigations Report (DBIR) which provides valuable insight spanning across 86 countries and 41,686 incidents.

The executive summary of the DBIR articulates the issue perfectly in stating that �No organization is too large or too small to fall victim to a data breach. No industry vertical is immune to attack. Regardless of the type or amount of your organization�s data, there is someone out there who is trying to steal it�.

Numbers speak volumes, so here are the highlights of the report:

69% of attacks are perpetrated by outsiders
39% of all attacks are perpetrated by organized criminal groups
23% of bad actors are identified as nation-state or state affiliated
43% of breaches involved small businesses victims
52% of breaches involved hacking
33% included social attacks
28% involved malware

Are there any numbers here that shock you? Probably not at first glance. So, let�s consider the 2nd tier of numbers: the DBIR finds that 34% of attacks involved an internal actor. That�s right, the person standing next to you at the coffee machine could be stealing company data or working with someone externally to steal company data.

On the inside

Two weeks ago, I attended the opening reception of a venture capital office in Silicon Valley. The fund focuses on cybersecurity companies, so, as you would e ..

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