Verizon released its 9th annual Data Breach Investigations Report (DBIR) Tuesday April 23, an analysis of more than 47,000 reported security incidents from 28 different countries, with data from 19 security organizations including the U.S. Secret Service. The DBIR is widely thought to be the most authoritative source on data breaches in the world.
This year's report dives deep into the motives of cyber criminals and highlights methods that have never been seen before. According to the report:
In this interview featured in the above video, Wade Baker, one of the authors of the 2013 DBIR, talks about the findings of the report and can provide insight and recommendations on how to protect yourself online. He says one example of a common cybercrime tactic when it comes to breaches motivated by money, is capturing data from credentials typed into online bank accounts.
Wade Baker is a managing principal with Verizon's RISK Team. In this role, he oversees the collection, analysis, and delivery of intelligence relevant to understanding and managing information risk. Prior to his tenure at Verizon, he was an independent consultant and spent five years on the faculty of two major research universities, most recently at the Pamplin College of Business at Virginia Tech. In 2012, Baker was recognized by TechTarget with its Security 7 Award. This award recognizes outstanding information security professionals in seven vertical markets. Baker received this honor for his work in information security decision-making. A researcher at heart, Baker's work on various topics has been published in a number of academic journals, professional magazines, industry reports, and books. Baker is the creator and primary analyst for Verizon's Data Breach Investigations Report series. He also developed and publishes Verizon's VERIS framework, part of an international effort to standardize security incident tracking and categorization for improved data collection, reporting, analysis and decision making. Baker's research for the president's Information Tech Advisory Committee was featured in the group's 2005 report, Cyber Security: A Crisis of Prioritization.