At 2018's halfway point, there were 668 breaches representing almost 23 million records exposed, according to reports from the San Diego-based Identity Theft Resource Center and Providence, R.I.-based CyberScout (formerly IDT911).

The number of U.S. data breaches tracked through July 2, 2018 was less than 2017's half-year high total of 791. However, this year, the approximately 22.5 million reported records exposed so far is almost double the 12.4 million records reported breached last year at this time (which came before Equifax's 145.5 million exposed records).

Here's how the breaches broke down by industry category:

|
  • Business = 46%
  • Medical/Healthcare = 27.1%
  • Banking/Credit/Financial = 12.6%
  • Government/Military = 7.3%
  • Educational = 6.7%

What qualifies as a breach? "The ITRC defines a data breach as an incident in which an individual name plus a Social Security number, driver's license number, medical record or financial record (credit/debit cards included) is potentially put at risk because of exposure. This exposure can occur either electronically or in paper format. The ITRC will also capture breaches that do not, by the nature of the incident, trigger data breach notification laws. Generally, these breaches consist of the exposure of user names, emails and passwords without involving sensitive personal identifying information."

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

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.).