{"id":6318,"date":"2016-05-17T07:00:42","date_gmt":"2016-05-17T15:00:42","guid":{"rendered":"http:\/\/formtek.com\/blog\/?p=6318"},"modified":"2016-04-13T06:24:31","modified_gmt":"2016-04-13T14:24:31","slug":"security-number-of-data-breaches-soar-while-businesses-increasingly-hide-losses","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/security-number-of-data-breaches-soar-while-businesses-increasingly-hide-losses\/","title":{"rendered":"Security: Number of Data Breaches Soar while Businesses Increasingly Hide Losses"},"content":{"rendered":"<p>The\u00a0recent <a href=\"https:\/\/www.symantec.com\/content\/dam\/symantec\/docs\/reports\/istr-21-2016-en.pdf\" target=\"_blank\">Symantec &#8220;Internet Security Threat Report&#8221;<\/a> provides a disturbing\u00a0overview of security threat trends. \u00a0The number of zer0-day threats is rising rapidly and today&#8217;s hackers are more increasingly sophisticated.<\/p>\n<p>The report estimates that more than half a billion records were compromised in 2015. \u00a0The number of zero-day vulnerabilities doubled in 2015 and the number of mega-breaches, breaches where more than 10 million records are lost, hit a new high too.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/securityresponse.symantec.com\/about\/profile\/management\/directors\/bio.jsp?bioid=kevin_haley\" target=\"_blank\">Kevin Haley<\/a>, director, Symantec Security Response, <a href=\"http:\/\/www.businesswire.com\/news\/home\/20160411006340\/en\/Zero-Day-Discovered-Average-Week-2015-Rate-Year\" target=\"_blank\">said that<\/a> \u201cadvanced criminal attack groups now echo the skill sets of nation-state attackers. They have extensive resources and a highly-skilled technical staff that operate with such efficiency that they maintain normal business hours and even take the weekends and holidays off. \u00a0We are even seeing low-level criminal attackers create call center operations to increase the impact of their scams.&#8221;<\/p>\n<p>To make matters worse, the <a href=\"https:\/\/www.symantec.com\/content\/dam\/symantec\/docs\/reports\/istr-21-2016-en.pdf\" target=\"_blank\">Symantec report <\/a>found that increasingly data breaches are being hidden by businesses. \u00a0\u201cIn 2015, more and more companies chose not to reveal the full extent of the breaches they experienced. \u00a0Companies choosing not to report the number of records lost increased by 85 per cent&#8230;\u00a0The fact that companies are increasingly choosing to hold back critical details after a breach is a disturbing trend. \u00a0Transparency is critical to security. While numerous data sharing initiatives are underway in the security industry, helping all of us improve our security products and postures, some of this data is getting harder to collect.\u201d<\/p>\n<p>&nbsp;<\/p>\n<div class=\"lightsocial_container\"><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/digg.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Fsecurity-number-of-data-breaches-soar-while-businesses-increasingly-hide-losses%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/digg.png\" alt=\"Digg This\" title=\"Digg This\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.reddit.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Fsecurity-number-of-data-breaches-soar-while-businesses-increasingly-hide-losses%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" 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The report estimates that more than half a billion records were compromised<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/formtek.com\/blog\/security-number-of-data-breaches-soar-while-businesses-increasingly-hide-losses\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-6318","post","type-post","status-publish","format-standard","hentry","category-security"],"_links":{"self":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/6318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/comments?post=6318"}],"version-history":[{"count":0,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/6318\/revisions"}],"wp:attachment":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/media?parent=6318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/categories?post=6318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/tags?post=6318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}