Data breaches cost US organizations $1.8 trillion over the last two years

Cybercriminals exposed more than five billion records in 2019, costing over $1.2 trillion to US organizations. Added to the 2.8 billion records that were exposed in 2018, this means breaches over the last two years have cost US organizations over $1.8 trillion. This is one of the findings of the latest Consumer Identity Breach Report from ForgeRock, which shows a dramatic increase in the number of breaches. Healthcare was the most targeted industry in 2019, accounting for 382 breaches and costing over $2.45 billion. However, technology firms had the highest number of records compromised from breaches with over 1.37 billion… [Continue Reading]