Why Data Breaches Have Become 'Normalized' And 6 Things Cisos Can Do To Prevent Them
VentureBeat, Monday, May 20th, 2024
Every week, a new data breach threatens enterprise organizations worldwide, forcing a re-evaluation of cybersecurity strategies to protect consumers.
In recent months, we've seen major breaches at companies like 23&Me, Okta, United Healthcare and American Express - putting incredibly sensitive consumer data at risk. Between 2022 and 2023, there was a 20% increase in data breaches. And with Microsoft, Roku and many other companies already battling data breaches in the first months of 2024, this unfortunate trend shows no sign of slowing down.
The Okta breach, which affected all of their customers due to an employee's use of a personal Google profile on a company laptop, underscores the criticality of the human element in cybersecurity. According to the Verizon DBIR 2024, 74% of all breaches include the human element, with people being involved either via error, privilege misuse, use of stolen credentials or social engineering.