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2016 Data Breaches Running 10% Ahead of Last Year

The latest count from the Identity Theft Resource Center (ITRC) reports that there have been 227 data breaches recorded through April 5, 2016, and that more than 6.2 million records have been exposed since the beginning of the year. The total number of reported breaches has increased by 50 in the past two weeks.

The biggest share of the huge jump in exposed records is due to a breach at a division of Verizon Communications Inc. (NYSE: VZ) that provides services to large companies whose data has been stolen. Some 1.5 million records were involved and the data were stolen and resold. According to data security website KrebsonSecurity, the thieves price the entire package at $100,000 and selected chunks for $10,000.

 

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