Report: Retailers Play Big Role In Breaches

MOUNTAIN VIEW, Calif.—Retailers were responsible for nearly 60% of all personal data that was compromised during 2014, according to a new report.

Symantec’s 2015 Internet Security Threat Report found that retailers were responsible for that figure, even though they only represented 11% of all breaches recorded.

Among the other findings:

  • Approximately 60% of the targeted organizations in 2014 were either small- or medium-sized.
  • The percentage of breaches in which financial information was compromised doubled to 36% from 18% in 2013.
  • Symantec said it counted 23% more breaches in 2014.
  • Spear-phishing climbed 8%, while the cybercriminals behind such attacks became more efficient. Criminals sent 14% fewer e-mails to 20% fewer targets, while their success improved, Symantec said.
  • There were more than 317 million new pieces of malware created last year, or nearly 1 million per day.
  • Digital extortion, or ransomware, attacks jumped 113% in 2014, including a 4,000% increase in crypto-ransomware attacks where cybercriminals freeze a victim's files or systems until they receive a payment.
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