Wave Systems Corp. (fka WAVXQ)

[Genz2]

Report: Data breach numbers may not actually be declining, and reporting them is getting slower

https://www.techrepublic.com/article/report-data-breach-numbers-may-not-actually-be-declining-and-reporting-them-is-getting-slower/

Excerpts:

A study released by Flashpoint and Risk Based Security found two startling facts: It’s report of a drop in the total number of breaches is likely erroneous, and the time it takes for an organization to report. a breach has increased to the highest levels since 2014.

“Readers of the 2020 Year End Report may recall at the time that report was issued, the number of publicly disclosed breaches stood at 3,932. We estimated that number would grow by 5% to 10% over the course of 2021. The number actually increased by 11.8%,” Allocca said. Assuming the same 5-10% growth, 2021 would likely settle into the 4,352 to 4,560 range, putting on par, or just a bit higher, than 2020.
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