Data Breaches Up by 49% in 2014

According to the latest breach report from Gemalto, cyber criminals compromised more than a billion data records in 2014 in more than 1,500 breaches.

This represents a 49% increase in data breaches and a 78% increase in the number of data or records stolen or lost, compared with 2013. This works out as 32 records lost or stolen every second.

The most data breaches were in North America, followed by Europe and the Asia-Pacific region.

The UK had the highest number of breaches in Europe with 117 incidents, followed by France, Ireland and Germany.

According to security experts, the UK is one of the most highly targeted countries in the world because of the large number of financial institutions based in London.

The figures come from Breach Level Index (BLI), which is a global database of data breaches is set up by SafeNet, acquired by Gemalto in January 2015.

The BLI provides a methodology for security professionals to score the severity of breaches and see where they rank among others that have been publicly disclosed.

According to data in the BLI the main motivation for cyber criminals in 2014 was identity theft, with 54% of all the breaches being identity-theft-based.

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