Related: Why hacks like Equifax will keep happening
It could have an impact for years because the stolen data could be used for identity theft. The company only revealed the hack two months later. It was considered among the worst breaches of all time because of the amount of sensitive information exposed, including Social Security numbers. Here's a look back at the major hacks of 2017.Ĭybercriminals penetrated Equifax ( EFX), one of the largest credit bureaus, in July and stole the personal data of 145 million people. Meanwhile, Trend Micro predicts global losses from another growing trend, compromised business email scams, will exceed $9 billion next year. In particular, ransomware - when hackers demand money to unlock files - is becoming more common.Īn analysis from anti-virus software firm Bitdefender found ransomware payments hit $2 billion in 2017, twice as much as in 2016.
"As we do more and more of our business online, and as criminals realize the value of the data that organizations are protecting, we're seeing morse big-name breaches, more high-profile breaches," says Mark Nunnikhoven, vice president of cloud research at the security company Trend Micro.
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