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2023 Verizon Data Breach Investigations Report

Apr 19, 2024

The 2023 Verizon Data Breach Investigations Report (DBIR) provides a comprehensive analysis of global cybersecurity trends based on extensive data collected from real-world incidents. The report reveals key findings, including the persistence of phishing as a prevalent attack vector, with cybercriminals increasingly targeting remote work environments. Ransomware attacks continue to rise, particularly affecting critical infrastructure sectors. Additionally, supply chain attacks emerge as a significant threat, highlighting the interconnected nature of modern business ecosystems. The DBIR underscores the importance of proactive cybersecurity measures, such as employee training, threat intelligence sharing, and implementing robust security controls. Overall, the report serves as a valuable resource for organizations seeking to enhance their cybersecurity posture and mitigate evolving threats.

Key Takeaways from the DBIR:

  1. Ransomware attacks will continue to plague businesses and government agencies around the globe. Phishing is the main threat vector for Ransomware attacks – Contact us for ways to mitigate phishing attacks and protect your digital landscape.
  2. Supply Chain attacks are a significant threat that continues to grow. Ensure that you are doing due diligence before onboarding any third-party vendor.  After onboarding, make sure that your doing audits, rectifying findings, and practicing continuous monitoring.  You have the prime responsibility of due care of all data entrusted to your organization.  We can assist you with this as well.
  3. Employee Training. The human is the weakest link in the cybersecurity defense perimeter.  In order to reduce the risk, businesses must ensure that they are conducting cybersecurity awareness training annually (at a minimum). Organizations should conduct phishing campaigns (training, mock attacks, reporting channels, and reporting)
  4. Security Controls.  Implementing recommended cybersecurity controls from a respected framework (NIST, CIS Top 20,ISO-27001, CSF) is a great way to secure your data and meet regulatory requirements. There are hundreds of controls that can/should be implemented across your resources.  Don’t try and do this on your own – we have over 20 years of experience implementing security controls across all spectrums of business.  Contact EC Technology Consulting Services at info@eccybersecurity.com or 1- 866-568-0563. 

Download the 2023 Verizon DBIR