Breaches in the banking/financial/credit category dropped by 73% so far this year, but breach incidents overall are on a record pace, according to the San Diego-based Identity Theft Resource Center.
As of May 24, 2016, the total on the 2016 ITRC Breach Report hit 420, up 22.1% over last year's record pace for the same period (344). This represents 12,151,764 million records.
Year over year, breaches in the education sector were up nearly 80% over 2015 figures, followed by the business sector, up 46.0%, and the medical/healthcare field, up 18.1%. The government/military sector continued to show a decline from last year's figures, down 16.7%.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
- Educational webcasts, white papers, and ebooks from industry thought leaders.
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.