Most breaches are now for financial gain, according to Verizon’s report, with web application attacks also on the rise.
Nearly 90% of data breaches are now done for financial gain, up from 71% in last year’s report.
Almost 50% of breaches featured hacking and 22% involved social attacks while another 22% involved malware.
Most highlighted the study’s examination of cloud security and ransomware.
“As more and more businesses have migrated to the cloud, their attack surface increases, especially with respect to web applications.

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