Cybersecurity Report Reveals Shift in Data Breach Landscape: USA Tops Q3 2023, India Shows Improvement

/ Discover the latest in global cybersecurity trends: USA leads data breaches in Q3 2023, while India shows improvement, reducing breach rate by 74%.

Author: Nilesh Badwar.

Date: 28 Nov 2023, 20:53 PM IST

A recent cybersecurity report by Surfshark has unveiled noteworthy trends in global data breaches for Q3 2023. While the USA leads the surge in data breaches, India has displayed improvement in its ranking, moving from 7th to 10th globally. Despite being the 10th most breached country, India experienced a significant 74% decrease in the breach rate, from 1.4 million leaked accounts in Q2 to 369,000 in Q3.

Key Findings:

1. Global Trends: The report discloses that a total of 31.5 million accounts were breached globally in Q3, with the USA accounting for 26% of all breaches. Russia and France secured the second and third positions, respectively.
2. India’s Progress: Despite being among the most breached countries, India has shown improvement, ranking third in Asia for the number of leaked accounts in Q3. The breach rate decreased by 74%, reflecting a positive shift in cybersecurity efforts.
3. European Decline: Europe witnessed a substantial decrease in data breaches, dropping from 48.1 million in Q2 to 10.9 million in Q3. Russia contributed to 65% of breached accounts in Europe.
4. Global Recommendations: Agneska Sablovskaja, Lead Researcher at Surfshark, emphasized the need for vigilance, suggesting users maintain accounts only on actively used platforms and implement two-factor authentication for enhanced security.
5. Continental Insights: Asia contributed 12% to the global breach count, with specific focus on China and Malaysia. Oceania experienced the most significant quarter-over-quarter decrease of 91%, reducing leaked accounts from 3.3 million in Q2 to 289.6k in Q3.

In summary, the cybersecurity landscape in Q3 2023 reflects a nuanced picture, with the USA leading data breaches and India making strides in improving its cybersecurity posture. As the global community grapples with cyber threats, Surfshark’s recommendations underscore the importance of proactive measures to safeguard sensitive information.

Ref: Business Today.