Security News > 2020 > June > Cybercriminals exposed 5 billion records in 2019, costing U.S. organizations over $1.2 trillion

Cybercriminals exposed over 5 billion records in 2019, costing over $1.2 trillion to U.S. organizations, according to ForgeRock.

Coupled with breaches in 2018 costing over $654 billion, breaches over the last two years have cost U.S. organizations over $1.8 trillion.

Healthcare emerged as the most targeted industry in 2019, accounting for 382 breaches and costing over $2.45B, an increase from 164 incidents costing over $633 million in 2018.

Despite healthcare being the most frequently targeted industry, technology firms had the highest number of records compromised from breaches with over 1.37 billion exposed in 2019 costing a total of over $250 billion.

Based on Q1 2020 data, 2020 is set to outpace 2019 in terms of records breached, despite the fact the number of breaches tracks down by 57%. There have been 92 data breaches affecting 1.6 billion records in Q1 2020 alone, 9% more records than Q1 2019.

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