[Pls. visit the original site for a profusion of revealing screenshots and graphics.]
https://www.moneylife.in/article/120-crore-aadhaar-records-breached-in-first-half-of-2018-gemalto/55563.html AADHAAR Public Interest 120 crore Aadhaar Records Breached in First Half of 2018: Gemalto Moneylife Digital Team 16 October 2018 1 During the first half of 2018, there were 945 data breaches leading to 4.5 billion (450 crore) data records being compromised. According to the Breach Level Index of digital security firm Gemalto, India's Aadhaar witnessed 1.2 billion (120 crore) data breaches in March, making it the second highest breaches across the world after Facebook. Get Moneylife's Top Stories by Email [email protected] SUBSCRIBE (A score of 1 to 2.9 is minimal risk, 3 to 4.9 is moderate and 5 to 6.9 is critical. 7 to 8.9 is severe, and 9 to 10 is catastrophic.) "Digital attackers have already demonstrated a proclivity for these types of security incidents, with identity theft dominating 65% of all data breaches observed in the first half of 2018 including security incidents involving the Government of India and Exactis. Once in possession of people’s personal details, identity thieves can monetize that information on underground marketplaces. They can also leverage them for conducting identity fraud along with other subsequent attacks," the Report says. For the report and Index, Gemalto says it collects information from public sources. According to Gemalto, during the first six months of 2018, more than 25 million (2.5 crore) records were compromised or exposed every day, or 291 records every second, including medical, credit card and/or financial data or personally identifiable information. This is particularly concerning, since only 1% of the stolen, lost or compromised data records were protected by encryption to render the information useless, a percent-and-a-half drop compared to the first six months of 2017, it says. "Obviously, this year social media has been the top industry and threat vector for the compromise of personal data, a trend we can expect to continue with more and more sectors leveraging these platforms to reach key audiences, especially political teams gearing up for major elections," said Jason Hart, vice president and chief technology officer for data protection at Gemalto. Identity theft continues to be the leading type of data breach, as it has been since the Netherlands-based Gemalto started tracking in 2013. It says, "While the number of identity theft breaches increased by 13% over the second half of 2017 to just over 64%, the number of records stolen through these incidents increased by 539%, representing over 87% of all records stolen." Financial access incidents show a disturbing trend in the escalation of severity, Gemalto says, adding, "Though overall incident numbers are on the decline first half (H1) of 2017 against H12018 (171 for H1 2017 and 123 for H1 2018), the number of records breached increased H1 2017 compared with H1 2018 (2.7 million and 359 million) respectively. Gemalto says during the first half of 2018, data breaches declined by 18.7% from the previous year to 945 security incidents. Yet, it says, the findings of the Breach Level Index for H1 2018 suggest that data breaches continue to get faster and bigger. According to Gartner, worldwide spending on information security products and services will increase 12.4% and reach more than $114 billion in 2018. That number is expected to grow an additional 8.7% to $124 billion by 2019. "But even as security spending continues to increase, so too do the number of stolen or compromised data records. This means that organisations are continuing to spend more on the same conventional technologies that monitor and protect the perimeter. Since the traditional perimeter of the enterprise has been blown up by the cloud, the new perimeter is the data itself and the users accessing that data. Mindsets need to change to adapt to this reality, and IT professionals need to accept that breaches will occur and attach security directly to the data itself and the users," Gemalto says. According to the digital security firm, funding will have a limited impact on digital crime because human errors and poor security practices continue to be a major source of data breaches. Mobile security researchers observed this trend in action when they found that the Firebase databases for thousands of Android and iOS apps were unprotected and had thereby exposed approximately 100 million data records. To counter these types of incidents, Gemalto says, organisations need to bolster their internal security by training their employees and adopting the following security measures. -- Peace Is Doable -- You received this message because you are subscribed to the Google Groups "Green Youth Movement" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send an email to [email protected]. Visit this group at https://groups.google.com/group/greenyouth. For more options, visit https://groups.google.com/d/optout.
