Why is the world witnessing a surge in data breaches?

While the world of cybersecurity has always been fairly unpredictable, what’s certain is that data breaches are on the rise. But what’s driving this trend, how long will it continue, and what can organizations do about it? According to the 2023 Annual Data Breach Report by the Identity Theft Resource Center (ITRC), a non-profit organization, data compromises have leapt up in the past two years. From the previous record of 1,860 in 2021 they dropped slightly to 1,801 in 2022 but rebounded to reach a new high of 3,205 last year. That’s an increase of 72 percent over just two… [Continue Reading]