22.02.2023, 07:50
InfoWatch: the number of leaks in the financial sector increased by 1.7 times in 2022
Source: OREANDA-NEWS
OREANDA-NEWS Last year, the number of leaks in the financial sector increased 1.7 times, while the volume of stolen personal data increased 32 times at once. For external attacks, it has more than tripled, to 75%, with a simultaneous increase in the share of leaks of information constituting a trade secret. Experts partially explain the dynamics by the fact that the latest statistics take incidents into account more fully. They do not expect a significant improvement in the situation, believing that fraudsters will interact more closely with employees of financial organizations themselves in the future. Moreover, more and more leaks occur not from banks, but from investment companies, payment services and crypto exchanges. The number of compromised personal data records (PD) and payment information in comparison with 2021 increased 32 times at once — from 1.4 million units to 44.8 million units.
As explained by Andrey Arsentiev, head of analytics and special projects at InfoWatch, first of all, the results are explained by several major cyber attacks, as a result of each of which millions of records were stolen. At the same time, RTM Group manager Evgeny Tsarev believes that the number of incidents has not actually increased, especially by 1.7 times. "Previously, there were more leaks than registered, now the statistics have begun to approach reality," he explains.
At the same time, according to InfoWatch, the shares of various segments in which information leaks were allowed also changed — the share of banks, MFIs and insurance companies decreased (from 92.8% to 66.5%), while the share of investment companies, payment services and crypto exchanges increased. Evgeny Tsarev confirms that there are fewer leaks from banks, both in quantity and in records. However, in his opinion, "until a system of regulation of large holders of personal data is built, leaks will occur."
As explained by Andrey Arsentiev, head of analytics and special projects at InfoWatch, first of all, the results are explained by several major cyber attacks, as a result of each of which millions of records were stolen. At the same time, RTM Group manager Evgeny Tsarev believes that the number of incidents has not actually increased, especially by 1.7 times. "Previously, there were more leaks than registered, now the statistics have begun to approach reality," he explains.
At the same time, according to InfoWatch, the shares of various segments in which information leaks were allowed also changed — the share of banks, MFIs and insurance companies decreased (from 92.8% to 66.5%), while the share of investment companies, payment services and crypto exchanges increased. Evgeny Tsarev confirms that there are fewer leaks from banks, both in quantity and in records. However, in his opinion, "until a system of regulation of large holders of personal data is built, leaks will occur."
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