In 2015, hackers exposed 170 million personal records in the U.S., according to the Identify Theft Resource Center. The attacks cost businesses worldwide more than $400 billion, British insurance company Lloyd's revealed.

So what's the data breach forecast for 2016? It's not looking good, according to cybersecurity experts.

"In today's environment of advanced and targeted threats, it is imperative to assume that data breaches will continue to happen into 2016 and beyond," Scott Gordon, COO of the San Jose, Calif.-based FinalCode said. "Therefore, companies should proactively take steps to protect sensitive documents inside and outside their organizations."

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Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).