2024 Verizon Data Breach Investigation Report (DBIR) Findings - Cybercrime Magazine

Cybersecurity News. PHOTO: Cybercrime Magazine. 24 May 2024 Verizon Data Breach Investigation Report (DBIR) Findings Posted at 08:41h in Blogs by Cybercrime Magazine This week in cybersecurity from the editors at Cybercrime Magazine – Listen to the Cybercrime Magazine Podcast Interview Sausalito, Calif. – May 24, 2024 SDxCentral reports that the 2024 Verizon Data Breach Investigation Report (DBIR) paints a troubling picture of the current cybersecurity landscape, marked by the increasing exploitation of vulnerabilities as one of the main data breach gateways, the shift to extortion and the median loss associated with ransomware and extortion almost doubled. The report found a “substantial growth” of attacks involving vulnerability exploitation as the critical path to initiate a breach, compared to previous years. “It almost tripled from last year, which will come as no surprise to anyone who has been following the effect of MOVEit and similar zero-day vulnerabilities,” researchers wrote. This year’s DBIR also found that about one-third of all data breaches involved ransomware or other extortion techniques, with pure extortion increasing to 9 percent of all breaches. Heather Engel, managing partner at Strategic Cyber Partners and a Cybercrime Magazine Podcast host, discusses the 2024 DBIR and breaks down some of the key findings. Listen to the Interview Cybercrime Magazine · Talking Cyber. Verizon’s Data Breach Investigations Report. Heather Engel, Strategic Cyber Partners. Cybercrime Magazine is Page ONE for Cybersecurity. Go to any of our sections to read the latest: SCAM. The latest schemes, frauds, and social engineering attacks being launched on consumers globally. NEWS. Breaking coverage on cyberattacks and data breaches, and the most recent privacy and security stories. HACK. Another organization gets hacked every day. We tell you who, what, where, when, and why. VC. Cybersecurity venture capital deal flow with the latest investment activity from various sources around the world. M&A. Cybersecurity mergers and acquisitions including big tech, pure cyber, product vendors and professional services. BLOG. What’s happening at Cybercrime Magazine. Plus the stories that don’t make headlines (but maybe they should). PRESS. Cybersecurity industry news and press releases in real time from the editors at Business Wire. PODCAST. New episodes daily on the Cybercrime Magazine Podcast feature victims, law enforcement, vendors, and cybersecurity experts. RADIO. Tune into WCYB Digital Radio at Cybercrime.Radio, the first and only round-the-clock internet radio station devoted to cybersecurity. Contact us to send story tips, feedback and suggestions, and for sponsorship opportunities and custom media productions. Print page