July 18, 2024 at 05:21PM
In the second quarter of 2024, analysis by Identity Theft Resource Center revealed a 1,000% increase in US data breach victims compared to the previous year. The surge was driven by a few large breaches, despite a 12% decrease in the number of incidents. The total victim count for the first half of 2024 exceeded 1 billion.
Key takeaways from the meeting notes:
– The number of US data breach victims in the second quarter of 2024 increased by more than 1,000% over the entire previous year.
– Despite the increase in the number of victims, there was a 12% decrease in the actual number of incidents during this time frame.
– Large breaches, including those at Prudential Financial and Infosys McCamish System, significantly contributed to the increase in victims, impacting millions of individuals.
– The total data breach victim count for the first half of 2024 was more than 1 billion, a 490% increase compared to the same period in 2023, excluding the Change Healthcare breach, which also affected a significant number of US victims.
– Eva Velasquez, ITRC president and CEO, emphasized the urgent need for all entities to prioritize data and identity protection.
If you need further analysis or specific recommendations based on these takeaways, feel free to ask.