Verizon annual cybersecurity report: 'The bad guys are winning'

Author: 
Coverage Type: 

Verizon's 2014 Data Breach Investigations Report taps information from more than 50 organizations around the world to analyze more than 63,000 security incidents and 1,300 confirmed breaches. Amid the onslaught of breaches and statistics, the report also tries to offer some hope that organizations such as Verizon are starting to better leverage information about cyberattacks to craft strategies to fight back.

"After analyzing 10 years of data, we realize most organizations cannot keep up with cybercrime – and the bad guys are winning," said Wade Baker, principal author of the Data Breach Investigations Report series, in a statement. "But by applying big data analytics to security risk management, we can begin to bend the curve and combat cybercrime more effectively and strategically." This year's report says that 97% of attacks fall into nine categories, including denial of service attacks, cyberespionage and point-of-sale intrusions.


Verizon annual cybersecurity report: 'The bad guys are winning'