In 2022, the number of data breaches in the financial sector increased 1.7 times to 48 cases. The number of compromised personal data and payment information records increased 32-fold, from 1.4 million to 44.8 million.

Data breaches in the financial sector almost doubled in 2022

At the same time, the share of breaches at banks, MFIs and insurance decreased, but increased at investment firms, payment services and crypto exchanges, Kommersant reported, citing an InfoWatch study.

InfoWatch’s head of analysis and special projects explained this by a change in the threat vector towards external intruders: an ordinary bank manager does not have access to information, trade secrets – investment plans, closed reports.

According to Rustem Khairetdinov, Deputy General Director of Gard Technology, any external attack has internal causes: the negligent attitude of customers, administrators who configure protection tools and infrastructure, as well as software developers who neglect the principles of secure development. .

According to Group-IB forecasts, the intensity of attacks will continue to grow in 2023. Hackers will develop new tools and use solutions that are difficult to recognize and detect. At the same time, the volume of data leaked to the public is unlikely to increase.


karina pardaeva

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.


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