It is not a secret that Identity Theft, Data Breaches and threats to online security are big business. Back in 2015 British insurers Lloyd estimated that Hackers had cost the economy $400 billion – but current statistics are hard to come by, since we haven’t yet reached the close of 2017. Breaches in personal and business security are becoming more common everyday, and, since cyber crime quadrupled between 2013 and 2015, it is a fairly straightforward calculation from there on in. Predictions are that Hacking and Security Breaches are likely to cost an estimated $2.1 trillion by 2019. (Forbes Magazine)
Now that we have alerted you to the necessity of protecting your Digital Identity through modern processes like Identity Verification; you may want to read about exactly how much your personal details cost. Fortunately the New York Post has put together an article you may find interesting. In the meantime let’s take a look at the ten biggest (known) Data Breaches of 2017.
Hackers used leaked NSA hacking tools to access parts of Microsoft and effectively close it down. They then demanded money to unlock the systems. Microsoft had answered with a patch earlier in the year, but most businesses hadn’t got round to it yet. As well as businesses this Hack affected the National Health Service in Britain, locking Doctors and Nurses out of vital systems. Never before has the human cost of Hacking been as evident as it was during Wannacry.
Voter Records Companies using Amazon to store Data about voters were not using secure servers and as a result voter records were exposed.
A Hackers group targetted the US school system, forcing the Government to make a cautionary announcement. At one district in Montana students and teachers were sent threatening text messages aimed at extortion.
A hacker group stole the data of 57 million Uber customers and bribed the company for $100,000 which they paid for silence.
A Ransom Ware company injected a virus that downloaded as if it were Adobe software. It affected businesses as well as individuals, and mainly targetted Russia and the east.
In 2017 Yahoo announced that every single one of their 3 million accounts had been hacked. The hack, which actually took place in 2013, is the biggest hack of all time. and is the biggest of all time. The Yahoo hack exposed the name, email address, password, date of birth and phone number of every single Yahoo account holder at the time.
In December leaked TSA documents revealed the depth of Security lapses in airports. The engadget quoted that a report centered on the way TSA (mis)handles security around the data management system which connects airport screening equipment to centralized servers led to this data The report centers on the way TSA (mis)handles security around the data management system which connects airport screening equipment to centralized servers led to this identity theft.
Aviva reportedly had its cloud servers hacked in order to mine Bitcoins. The hackers their non-Password protected AWS server in order to gain access to their cloud and mine Bitcoins.
Under the Equifax hack, 193 million people had their Digital Identities accessed online. The data leaked included credit card details, passwords, data of birth and driving license details!
US intelligence suggests that Russian Hackers Hacked 21 States last year, the damage of which is not even known yet! Most of these states included were where there were a small margin between the vote counts of Donald Trump and Hillary Clinton!