ERPScan Releases Data Breach Report 2017

ERPScan Releases Data Breach Report 2017

ERPScan, one of the most respected and credible business application cybersecurity provider, released their “ERPScan Data Breach Report 2017” dedicated to the analysis of major security attacks in various industries last year. The report includes specified data on different industries from Media and Entertainment to Healthcare and Higher Education.

ERPScan’s mission is to provide smart solutions to assess and protect ERP systems along with business-critical applications from both cyber-attacks and internal fraud. The data breach report attempts to grasp the correlation between attack types, industries, and targeted assets.

Based on more than 200 incidents, the report also aims at showing the specifics of cyber-endangered industries and their business applications system. Keep in mind, researchers from ERPScan gathered only public breaches related to particular companies for this report.

According to report results, companies in the Media sphere were the most attacked among all spheres of activity in 2017. The report also revealed that the UK became the biggest victim of Healthcare data breaches, and loopholes in Customer Relationship Management (CRM) and Point of Sale (POS) systems were a common cause of Espionage attacks in the Retail sector.

The ERPScan research team analyzed each incident according to the type of threat: Espionage, Sabotage or Fraud – and attack technique. If publically available, it was possible for researchers to estimate average losses. Analysts estimated Espionage attacks, with 14 million user accounts affected in an average, and a common Sabotage that led to some two-day downtime.

“As for takeaways, we shouldn’t underestimate the attention of the hackers to such topics as cryptocurrency and Machine Learning. They are supposed to continue being at risk. What is more, we assume that the number of target attacks on companies with the use of industry systems and specific business applications like ERP, EMR and CRM, will also grow in the future. So, now is the best time to think of cybersecurity.” says Alice Jossan, Cybersecurity Analyst at ERPScan.

Among the affected companies in 2017 were such world-known leaders as HBO, Equifax, Honda, Apple and McDonald’s. It means that organizations that seem to have enough power and finances to protect themselves are actually vulnerable to cyberattacks.


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Elizabeth Quirk

Liz is a leading enterprise technology writer covering Enterprise Resource Planning (ERP), Business Process Management (BPM) and Talent Management Suites (TMS) at Solutions Review. She writes to bridge the gap between consumer and technical expert to help readers understand what they're looking for. Liz attended Massachusetts College of Liberal Arts, where she obtained her Bachelor of Arts Degree in English and Communications. You can reach her at equirk@solutionsreview.com
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