On Tuesday, Verizon released its 15th annual Data Breach Investigations Report (DBIR), which, as usual, provides security professionals and executives around the world with an overview of global trends and patterns concerning cyberattacks and data breaches.
The most recent edition of the report looked at over 23,000 security incidents (of which 5.212 were confirmed data breaches) that occurred between November 1, 2020, and October 31, 2021.
Let’s take a look at the key findings of Verizon’s 2022 Data Breach Investigations Report.
The report showed that a worrisome percentage of the incidents that took place last year were carried out by cybercriminals using a particular type of cybercrime: stolen credentials.
Credential theft was noticed in third-party breaches, phishing campaigns, Basic Web Application Attacks (BWAA), and system intrusions, accounting for almost 50% of all cyberattacks.
As per the report, there has been a nearly 30% rise in stolen credentials since 2017, making it one of the most successful ways to obtain access to an organization for the past four years.
The report notes that ransomware has increased by nearly 13% this year, which is more than the previous five years combined (for a total increase of 25%