Cyberespionage, ransomware big gainers in new Verizon breach report

Verizon released its tenth annual breach report this morning, and cyberespionage and ransomware were the big gainers in 2016.

Cyberspionage accounted for 21 percent of cases analyzed, up from 13 percent last year, and was the most common type of attack in the manufacturing, public sector, and education.

In fact, in the manufacturing sector, cyberespionage accounted for 94 percent of all breaches. External actors were responsible for 93 percent of breaches, and, 91 percent of the time, the target was trade secrets.

Meanwhile, the number of ransomware attacks doubled compared to the previous year.

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