Verizon releases 2023 Data Breach Investigations Report

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Jun 21, 2023

On June 21, 2023, Verizon released its 2023 Data Breach Investigations Report. The report indicates that 83% of data breaches involved external actors—with the majority being financially motivated. 74% of breaches involved the human element, which includes social engineering attacks, errors or misuse, while 50% of all social engineering attacks are pretexting incidents-nearly double last year’s total.

The human element still makes up the overwhelming majority of incidents, and is a factor in 74% of total breaches, even as enterprises continue to safeguard critical infrastructure and increase training on cybersecurity protocols. One of the most common ways to exploit human nature is social engineering, which refers to manipulating an organization’s sensitive information through tactics like phishing, in which a hacker convinces the user into clicking on a malicious link or attachment.

Re­view the report on Verizon’s website.

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