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Need more ammo to convince the C-suite that investing in cybersecurity is a good idea? A new report from Gemalto may do the trick, showing how the severity of breaches has increased in the past year alone.

According to Gemalto’s 2018 Breach Level Index, 4.5 billion records were stolen, lost or compromised worldwide in the first half of 2018, representing a 133 percent increase over the first half of 2017. In addition, 42.7 billion records were potentially exposed to a breach in the first half of 2018, up from 17.0 billion over the first half of 2017.

Interestingly, this increase occurred even though the total number of disclosed breach incidents decreased, from 1,162 in 2017 to 945 in 2018. This was largely due to a few large breaches exposing more than 100 million people, including those at Facebook, Exactis, Under Armour, and the Indian government’s Aadhaar service.

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Zach Warren

Zach Warren is the editor-in-chief of Legaltech News. Based out of Minneapolis, Minnesota, Zach has been with LTN since 2015. He can be reached at [email protected]

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