Recent analysis conducted by Imperva has revealed that UK organisations have lost billions in data breaches between 2019 and 2022. The study, which looked at 99,490 breaches reported to the Information Commissioner’s Office (ICO) and other notable breaches identified by the Chartered Institute of Information Security (CIISec) in its annual report, found that over 200 million British citizens had their personal information compromised during the period.
Looking closer at the data, malicious attacks accounted for just 33% of breaches reported to the ICO, while insider attacks were the cause of 40% of incidents. Human error was responsible for nearly two-fifths (37%) of all breaches studied in the report. The cost to impacted organisations was £13.5 billion, with regulatory fines accounting for just 6% of this cost. Imperva field CTO, Terry Ray, commented that organisations need to prioritise genuine data security over measures that demonstrate compliance on paper.
What is this page?
You are reading a summary article on the Privacy Newsfeed, a free resource for DPOs and other professionals with privacy or data protection responsibilities helping them stay informed of industry news all in one place. The information here is a brief snippet relating to a single piece of original content or several articles about a common topic or thread. The main contributor is listed in the top left-hand corner, just beneath the article title.
The Privacy Newsfeed monitors over 300 global publications, of which more than 4,350 summary articles have been posted to the online archive dating back to the beginning of 2020. A weekly roundup is available by email every Friday.