Gemalto, the world leader in digital security, today released the findings of the 2016 Breach Level Index (BLI) revealing that Middle East data breaches are up 16.67% compared to 2015.Additionally, 45.2 million data records were compromised compared to 38.5 million in 2015, across the Middle East region.
Worldwide, 1,792 data breaches led to almost 1.4 billion data records compromised worldwide during 2016, an increase of 86% compared to 2015. Identity theft was the leading type of data breach in 2016, accounting for 59% of all data breaches. In addition, 52% percent of the data breaches in 2016 did not disclose the number of compromised records at the time they were reported.
“The Breach Level Index highlights four major cybercriminal trends over the past year. Hackers are casting a wider net and are using easily-attainable account and identity information as a starting point for high value targets. Clearly, fraudsters are also shifting from attacks targeted at financial organisations to infiltrating large data bases such as entertainment and social media sites. Lastly, fraudsters have been using encryption to make breached data unreadable, then hold it for ransom and decrypting once they are paid, said Sebastien Pavie, Regional Director, MEA, Identity and Data Protection, Gemalto.
Data Breaches by Type: In 2016, globally, identity theft was the leading type of data breach, accounting for 59% of all data breaches, up by 5% from 2015. The second most prevalent type of breach in 2016 is account access based breaches. While the number of this type of data breach decreased by 3%, it made up 54% of all breached records, which is an increase of 336% from the previous year. This highlights the cybercriminal trend from financial information attacks to bigger databases with large volumes of personally identifiable information. Another notable data point is the nuisance category with an increase of 102% accounting for 18% of all breached records up 1474% since 2015.
Data Breaches by Source: Malicious outsiders were the leading source of data breaches worldwide, accounting for 68% of breaches, up from 13% in 2015. The number of records breached in malicious outsider attacks increased by 286% from 2015. Hacktivist data breaches also increased in 2016 by 31%, but only account for 3% of all breaches that occurred last year.
Data Breaches by Industry: Across industries, the technology sector globally had the largest increase in data breaches in 2016. Breaches rose 55%, but only accounted for 11% of all breaches last year. Almost 80% of the breaches in this sector were account access and identity theft related. They also represented 28% of compromised records in 2016, an increase of 278% from 2015.
The healthcare industry accounted for 28% of global data breaches, rising 11% compared to 2015. However, the number of compromised data records in healthcare decreased by 75% since 2015. Education saw a 5% decrease in data breaches between 2015 and 2016 and a drop of 78% in compromised data records. Government accounted for 15% of all data breaches in 2016. However the number of compromised data records increased 27% from 2015. Financial services companies accounted for 12% of all data breaches, a 23% decline compared to the previous year.
All industries listed in the other category represented 13% of data breaches and 36% of compromised data records. In this category, the overall number of data breaches decreased by 29%, while the number of compromised records jumped by 300% since 2015. Social media and entertainment industry related data breaches made up the majority.
Last year 4.2% of the total number of breach incidents involved data that had been encrypted in part or in full, compared to 4% in 2015. In some of these instances, the password was encrypted, but other information was left unencrypted. However of the almost 1.4 billion records compromised, lost or stolen in 2016, only 6% were encrypted partially or in full (compared to 2% in 2015).