Data breaches are unfortunately on the rise, and experts believe they will hit an all time high by the end of the year.
“We’re seeing a significant rise in the number of data compromises,” said James Lee with the Identity Theft Resource Center. “We’re now on a path that takes us to an all-time high by the end of the year.”
In the second quarter of the year alone, there has been a 38% increase in data breaches that have exposed the personal data of millions of people. Attackers using ransomware more often is cited as one of the reasons why cyberattacks and data breaches are on the rise.