Cybercrime thrives during pandemic: Verizon 2021 Data Breach Investigations Report

Increase in phishing and ransomware attacks - along with continued high numbers of Web Application Attacks - underscore a year of unprecedented security challenges. What you need to know:

• Report analyzes 29,207 quality incidents, of which 5,258 were confirmed breaches
• Phishing attacks increased by 11 percent, while attacks using ransomware rose by 6 percent
• 85 percent of breaches involved a human element, while over 80 percent of breaches were discovered by external parties
• Breach simulations found the median financial impact of a breach is $21,659, with 95 percent of incidents falling between $826 and $653,587