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Phishing remains a data breach weapon of choice, says Verizon

posted onApril 26, 2016
by l33tdawg

Eighty-nine percent of the data breaches tracked by Verizon were either financially or espionage motivated and conducted within minutes courtesy of phishing and stolen credentials.

Those are some of the key takeaways from Verizon's 2016 Data Breach Investigations Report (DBIR), which analyzed 100,000 incidents of which 3,141 were confirmed data breaches.

Verizon's 2016 DBIR doesn't veer much from the findings from the previous year. Accommodation, retail and financial services remain big topics. "It was a bad year for hospitality," said Bryan Sartin, one of the authors of the report. Point-of-sale breaches were common and Web app breaches took the baton from crimeware. Sartin, however, noted that the decline in crimeware was largely due to better classification.

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