Ransomware attacks continued to increase during the first half of 2017, up 50 percent over the first half of 2016, but accidental breaches remain an enormous factor, according to a new report from Beazely. The cyber and data breach insurance company, which has collected data on cyber breaches since 2014, found that the number of breaches continue to increase, suggesting companies aren’t adapting their security measures to properly protect data.
Accidental breaches caused by employee error or issues occurring while data is controlled by third-party suppliers accounted for 30 percent of overall breaches, while those those resulting from hacking and malware attacks make up 32 percent of all breaches.
Various business sectors were prone to different types of breaches. For example, higher education saw one-quarter of cyber breaches occur due to unintended data disclosures, while nearly half of the breaches in the data systems of higher education institutions were from hacking and malware.
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