In its latest study on the most major data breaches in each vital sector over the past two years, VPN service Surfshark believes a data leak is a power spill.
According to researcher Aaron Bornstein, “fewer people have more of humanity’s records than ever before.” Cybercriminals profit from sensitive data, which may be handed over to the government for surveillance and repaired at the cost of billions of dollars.
The most serious breach, according to Surfshark, occurred when Thailand’s largest cellphone network, AIS, mistakenly exposed an 8 billion real-time internet record database. It may have cost as much as $58 billion to resolve.
The theft of the Iranian customer service messaging network Raychat was the most expensive app data leak. Up to 150 million records, including names, emails, passwords, information, and encrypted chats, were exposed due to a faulty database. To fix this, it would cost an estimated $1 billion-plus change.
Estee Lauder (4.4 billion records) was facing a potential $3.07 billion bill in the retail industry. Jeremiah Fowler, the security researcher who found the leak, had problems getting through on the phone to inform them. “The first question I ask when I call a corporation or organization is, ‘Who can I speak with to report a data incident?'” Fowler told Forbes.
The Roblox breach occurred after a game employee accepted a bribe to provide the hacker access to the game’s back-end customer care panel. Linkmon99, the world’s ‘richest’ Roblox user, was among the accounts hacked. Roblox was facing a $700 million bill.
The Keepnet Labs leak in June 2020 has been dubbed the “breach of breaches” in the tech world. It happened when an engineer while moving records from prior leaks temporarily disabled a firewall to expedite the procedure. A total of five billion records were taken from the security firm, costing more than $ 34 billion.
Apolis Pharma, a healthcare company, had approximately 67 million documents stolen at the cost of $473 million. The Apodis Pharma data, like the Keepnet hack, was left exposed to the public, and evidence shows that ‘malicious actors’ must have accessed it while it was still possible.
Experian Brazil, a consumer credit reporting provider, had approximately 220 million records stolen in the banking sector. The corporation might have lost roughly $1.5 million due to this.
28 million children and students’ details from the National Learning Records Service came up in the hands of “a significant data intelligence company” in the academic sector, which utilized the details to authenticate the age of young online gamblers. Addressing this might have cost $258 million.
Surfshark recently announced Nexus Network, which connects customers to not just one but an entire network of servers before routing them to a specific place. It will aid in the optimization of user traffic to make it faster, more stable, more secure, and private.