{"id":73929,"date":"2023-12-21T12:06:01","date_gmt":"2023-12-21T04:06:01","guid":{"rendered":"https:\/\/version-2.com\/?p=73929"},"modified":"2023-12-14T16:01:15","modified_gmt":"2023-12-14T08:01:15","slug":"breakdown-of-the-11-most-significant-2023-data-breaches","status":"publish","type":"post","link":"https:\/\/version-2.com\/en\/2023\/12\/breakdown-of-the-11-most-significant-2023-data-breaches\/","title":{"rendered":"Breakdown of the 11 most significant 2023 data breaches"},"content":{"rendered":"
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<\/p>

2023 witnessed a series of impactful data breaches, each leaving a unique mark on cybersecurity. This retrospective dives into these incidents, offering insights and underscoring the evolving challenges in data security.<\/p>

This article will overview the most intriguing and widely escalated data breaches of every month of 2023. We will also look at the tendencies of cyber-attacks and the forecast for the next year (spoiler alert: it\u2019s going to be hot!).<\/p>

Key facts of 2023\u2019s data breaches we know so far<\/h2>

The year still has a few weeks to go, but everyone is already busy thinking about the holiday season and next year’s plans. Hopefully, malicious actors are also humans and as busy with end-of-the-year errands as possible, leaving businesses some space to breathe and relax, not thinking about cyber-attacks (unlikely, but we all can dream).<\/p>

KonBriefing Research<\/a> does a colossal job of collecting information about ransomware and cyber-attacks on businesses worldwide. The data they have so far reveal the scope and impact that follows every month.<\/p>

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Looking into data breach statistics specifically, the total number of breached accounts since 2004 reached a number of over 16.5 billion. According to this Surfshark research<\/a>, a single email address is breached approximately 3 times<\/b>.<\/p>

The average cost of a data breach worldwide continues to rise steadily<\/b>, reaching 4.45 million U.S. dollars in 2023. According to Statista<\/a>, the healthcare sector has the highest average cost of a data breach.<\/p>

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IBM Cost of a Data Breach research<\/a> revealed that the healthcare industry had been the leading sector in data breach costs for 12 years in a row<\/b>. In 2022, the average cost of a data breach was $10.10 million. Notably, the overall global cost of such breaches has increased by 15% over 3 years.<\/p>

The United States is at the top of the list<\/b> of countries most affected by data breach costs, with an average total cost of\u00a0 $9.48 million per breach. The Middle East follows second with $8.07 million per data breach.<\/p>

1 U.S. dollar\u2014this is how much higher the average data breach per record cost will be in 2023, reaching $165<\/b>\/record<\/b> compared to last year\u2019s average cost.<\/p>

The same IBM research suggests that, on average, companies with incorporated AI and automation solutions save $1.76 million<\/b> compared to organizations that don\u2019t apply similar measures to mitigate data breach risks.<\/p>

Organizations that don\u2019t follow compliance requirements tend to pay a 12.6% higher average cost <\/b>than companies that have a high level of compliance.<\/p>

Verizon\u2019s 2023 Data Breach Investigations Report<\/a> revealed that financially motivated external actors induced 83% of breaches. Human error, the most common reason behind successful cyber-attacks, remains a consistent factor in 2023, with a human element present in<\/b> 74% of breaches<\/b>.<\/p>

Verizon research also listed system intrusion as the most popular pattern of breaches<\/b>. Basic web application attacks, social engineering, miscellaneous errors, privilege misuse, and lost and stolen assets follow it.<\/p>

Let\u2019s dive into the latest data breach news that happened in 2023. This overview is based on publicly available information about data breaches and is subject to change as more new findings are discovered and revealed over time.<\/p>

January 2023<\/h2>

MailChimp data breach<\/h3>

\"01<\/p>

MailChimp, an Intuit-owned email marketing platform, suffered a data breach. The breach occurred on January 11, 2023, when an unauthorized actor accessed Mailchimp\u2019s tools used by teams interacting with customers.<\/p>