Verizon’s Annual Report Reveals Phishing and Ransomware Attacks Rise

The Verizon study investigates more security breaches than ever before and highlights the effect on international safety in the global pandemic of the most prevalent types of cyberattacks. This year's study found 5,258 security breaches by 83 authors worldwide, a third more than last year.  Phishing and ransomware attacks rose by 11% and 6% respectively due to an unprecedented increase of employees working remotely. Furthermore, instances of misrepresentation rose 15 times over the previous year.  Breach data revealed that 61% of breaches included credential data. Simply put, 95% of organizations investigated had between 637 and 3.3 billion malicious login attempts through the year.  The study also highlighted the difficulties that companies face as they shift more of their business functions to the cloud, with web application attacks a...