Doug Austin: 90 Percent More Compromises Than Q1 2023, Reports ITRC

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Extract from Doug Austin’s article “90 Percent More Compromises Than Q1 2023, Reports ITRC”

The ITRC has released its Q1 2024 Data Breach Analysis, which shows 90 percent more compromises than Q1 2023!

Yesterday, the Identity Theft Resource Center (ITRC) released its U.S. data breach findings for the first quarter of 2024. According to the Q1 2024 Data Breach Analysis (available here), there were 841 publicly reported data compromises in the quarter, 90 percent more compromises than Q1 2023 (442 compromises).

The good news is that the number of victims in Q1 2024 (28,596,892) decreased 72 percent compared to Q1 2023 (100,686,535) and 81 percent from the previous quarter (152,679,771). While that’s good news for the victims, the organizations experiencing a data compromise still have to go through incident response cycles to identify and notify those victims. More compromises means more incident response exercises, regardless of the number of victims.

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