hacking (2)

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The Growth Of Data Breaches Worldwide

bighackscrop.png
Courtesy of: Visual Capitalist

The graphic above shows a timeline of some of the biggest data breaches on record. Each bubble represents the number of records lost in any given breach, with the most sensitive data clustered toward the right side.

This data visualization comes to us from Information is Beautiful. Go to their site to see the highly-recommended interactive format that visualizes the same data, while providing additional details on each specific hack.

Before 2009, the majority of data breaches were the fault of human errors like misplaced hard drives and stolen laptops, or the efforts of “inside men” looking to make a profit by selling data to the highest bidder. Since then, the volume of malicious hacking (shown in purple) has exploded relative to other forms of data loss.

From Millions to Billions

Increasingly sophisticated hacking has altered the scale of data loss by orders of magnitude. For example, an “inside job” breach at data broker Court Ventures was once one o

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Throwback Thursday Reads

  • On this day in 1965: In a boardroom on Cove St. in New Bedford, MA, a young, crew-cut Warren Buffett takes control of decrepit textile maker Berkshire Hathaway Inc., whose stock closes that day at $18 a share. Over the next thirty-three years, the stock price rises to $84,000 a share.  Source: Roger Lowenstein, Buffett: The Making of an American Capitalist (Random House, New York, 1995), p. 130. Courtesy of JasonZweig
  • GS, MS and others revised their GDP # to a negative after today's poor construction spending numbers.  A negative GDP print has many wondering if we are, in fact, in a recession.  A recession as defined by the Fed is two consecutive GDP reports. 
  • The weak U.S. recovery has nothing to do with inequality says CalifiaBeachPundit
  • McKinsey says businesses are still extremely concerned over cyber attacks and aren't anywhere prepared as they should be (yet).  70% of the respondents said that security concerns had delayed the adoption of public cloud computing by a year or more

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