Access and Feeds

Security: Cyberhack Trends and Forecasts for 2016

By Dick Weisinger

Experian recently analyzed 15,000 breaches that occurred over the last ten years.  The result of their study was the identification of security breach trends and to also forecast areas of concern for 2016.

Some of the findings of the report are:

  • EMV chip and PIN cards aren’t expected to have much impact in stopping payment breaches
  • Healthcare will continue see numerous breaches at both large and small providers
  • Espionage and cyber conflicts between countries will negatively impact both consumers and business
  • Hackers will target the 2016 presidential campaigns
  • Hackers will increasingly target companies whose practices or polices they disagree with

Somewhat ironically, the report also identifies credit and collection agencies as especially vulnerable to breaches because they must continually be responding to changes in regulations, so their technology to support it is changing frequently and doesn’t have that much of a chance to be hardened to software flaws.

The report advises that “the landscape has changed with hackers targeting organizations for different types of data that could be used for extortion or to simply cause harm.  While traditional data breach threats remain, it is important that business leaders take note of emerging trends and update their data breach response plans accordingly.”

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