In 2015, hackers exposed 170 million personal records in the U.S., according to the Identify Theft Resource Center. The attacks cost businesses worldwide more than $400 billion, British insurance company Lloyd's revealed.

So what's the data breach forecast for 2016? It's not looking good, according to cybersecurity experts.

"In today's environment of advanced and targeted threats, it is imperative to assume that data breaches will continue to happen into 2016 and beyond," Scott Gordon, COO of the San Jose, Calif.-based FinalCode said. "Therefore, companies should proactively take steps to protect sensitive documents inside and outside their organizations."

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.