Data breaches hit record high

According to the Identity Theft Resource Center, the number of US data breaches hit a record high of 783 in 2014, disclosing nearly 86 million records. The medical/healthcare industry accounted for 42.5% of the reported breaches and over 8 million disclosed records, followed by the business sector with 33% (but over 68 million disclosed records). The financial sector performed best – accounting for 5.5% of breaches and only 1.4% of disclosed records. However, Kaspersky Lab (a cybersecurity firm), has released a report showing that hackers have stolen up to $1 billion from more than 100 financial institutions in 30 countries.

Source: Identity Theft Resource Center and Kaspersky Lab