News, Education and Events Decoding Digital Payments & Fraud

News, Education and Events Decoding Digital Payments & Fraud

Report: E-Commerce Systems Account for 54% of Breaches – May 27, 2014

Report: E-Commerce Systems Account for 54% of Breaches

May 27, 2014

Report: E-Commerce Systems Account for 54% of Breaches If it feels like security breach incidents are rising, according to security-compliance firm Trustwave, that’s because they are. Just a few days prior to the news that eBay had been hacked compromising the personal information of tens of millions of account holders—but no payment details, the company contends—Trustwave released a comprehensive report that found a 54 percent increase in the number of investigations it performed in 2013 compared to 2012. And, e-commerce “assets” accounted for more than half (54 percent) of all systems targeted.

To compile the report, Trustwave looked at the nearly 700 breach investigations it conducted in 2013. In addition to the overall rise in the number of investigations it performed, the company found most attacks target U.S. companies. Fifty-nine percent of breach targets were in the U.S., followed by the U.K. (14 percent) and Australia (11 percent). A third of the breached companies investigated by Trustwave in 2013 were retailers.

Trustwave urged companies trying to protect their systems to “develop, institute and rehearse an incident response plan and identify which events or indicators of compromise should trigger the plan.”

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Daniel Leibovitch