Verizon's Latest Data Breach Report Highlights Growing Ransomware Threats.

Verizon's 2023 Data Breach Investigations Report reveals that there were 5,199 data breaches in the past year, with social engineering attacks almost doubling and ransomware holding statistically steady at 24%. The report also indicated that 83% of data breaches involved external actors, with Verizon claiming the motivation for their attacks remains largely financial. Verizon Business Managing Director of Cybersecurity, Chris Novak, recommends organizations stay vigilant in maintaining their "cyber hygiene" and run data breach "fire drills" to practice proper protocols in the event of a breach.