"Money Is Still the Main Motivating Factor for Hackers, Verizon Report Finds"

Verizon recently released its annual Data Breach Investigation Report, which is based on the assessment of 157,000 security incidents faced by Verizon clients across different industries. According to the report, financially motivated data breaches grew from 71% in 2018 to 86% in 2019. Attackers are continuing to re-use usernames and passwords, and launch phishing attacks in their efforts to generate revenue. Other findings shared in the report touch on the increase in errors such as cloud misconfigurations, the growth in organized criminal groups over state-affiliated hackers, and the state of vulnerability patching. This article continues to discuss the rise in financially motivated data breaches in 2019, the growing number of misconfiguration errors, the increased involvement of organized crime groups, and improvements in patching.

CyberScoop reports "Money Is Still the Main Motivating Factor for Hackers, Verizon Report Finds"