Phishing attacks remain in the top spot for data security issues.

Phishing was the leading cause of data security events for the third consecutive year, according to a report that emphasized companies need to prioritize risk management goals and incident responsiveness.

The 2018 edition of its Data Security Incident Response Report, now in its fourth year, from New York based BakerHostetler’s privacy and data protection team provides statistics and insights from more than 560 data security incidents managed by the firm in diverse industries, including finance and investment, healthcare, business and professional services, education, hospitality, government, aerospace and defense, and nonprofit.

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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.).

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