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2024 Verizon Data Breach Investigation Report [pdf]
- lenerdenator 2y agoBreaches by attackers will continue until it becomes prohibitively expensive or dangerous for the attackers to do what they do. This isn't something companies can do; it takes a government to do that. Until then, it's a great way to squeeze crypto out of some company to make up for the fact that your country is under sanctions tied to the US Dollar, and since it's hard to prove to the bean counters that an attack will happen with reasonable certainty on a given system in the next quarter, good luck getting resources and priority for mitigations beyond the usual.
- alephnerd 2y ago> since it's hard to prove to the bean counters that an attack will happen with reasonable certainty on a given system in the next quarter, good luck getting resources and priority for mitigations beyond the usual. False. Companies are now liable to report breaches to the SEC and steps taken to remediate. As I've mentioned several times on HN before, heads do roll and C-Suite does care about security posture now that liability and insurance payouts are on the line. The annoying thing is HNers will never see the actual successes (because these are obviously kept private) and only see a couple glaring failures. Furthermore, this report is an advertisement for Verizon's MSSP division (Verizon Business), which companies pay to manage their security posture - all telcos have had an MSSP BU since the 1980s (ATT Global Business Services being the market leader) You'll see a lot of BS like this for the next 2 months because RSA is in 2 weeks and AWS Re:Invent in a month. It's conference season (great time to stock up on free tshirts and drink Blanton's on the corporate tab)
- lenerdenator 2y ago> Companies are now liable to report breaches to the SEC and steps taken to remediate. I'm looking at UnitedHealth's stock price over the last year. The theft happened in February. There was a dip; it's already recovering from that. The market doesn't particularly care about those disclosures, it would seem.
- alephnerd 2y agoStocks are not the "holy grail decide all" when much of UHG and Optum's leadership is in front of Congress as we speak during an election year and with significant liabilities due to potential breaches of contract by failing to produve billing to their customers. Go on LinkedIn and take a look at who's on the CISO org and below at UHG and Optum today - in 6 months 60% of them will no longer list either as their employer. UHG the organization will continue to exist, but the people who make up that organization will have their heads roll. There is no Mr UHG the 3rd running stuff there or in the majority of F1000s - it's professional managers who climb up and down the ladder. Not everything is some sort of conspiracy with mustachioed men and DEI puppets parroting Milton Friedman and Ronald Regan like the HN hivemind loves to think.
- lenerdenator 2y agoBeing dragged in front of Congress on anything related to a computer is not a big deal; if it were, Mark Zuckerberg would not be CEO of Meta. The liabilities will be played out in court over the next decade, and you'll possibly see some legislation passed over that time period limiting liability in these situations, because how can we possibly expect these companies to deliver value to shareholders while shouldering the risks posed by adversarial state-backed hackers? Personal responsibility as conducted through firings means more for the rank-and-file than for directors and above. It's not about what you've done as much as who you know in those levels. TL;DR: I'll believe it when I see it.
- alephnerd 2y ago> how can we possibly expect these companies to deliver value to shareholders while shouldering the risks posed by adversarial state-backed hackers 1. Liability 2. Insurance Premiums 3. Regulation 1 and 2 are already in place, and 3 is currently working it's way over the next couple years. > TL;DR: I'll believe it when I see it. Cynicism is valid, but at some point it's just unfounded nihilism, and you as an individual IC will never publicly see these changes as they are well above your pay grade (and you sure as hell won't hear about it publicly) > Being dragged in front of Congress on anything related to a computer is not a big deal It is when you are on the hook for that federal bailout to prevent the entire healthcare system from collapsing [0] caused by incompetence surrounding credential management [0] - https://www.wsj.com/articles/calls-mount-for-government-help-as-change-healthcare-hack-freezes-medical-payments-9545d2e3 https://www.wsj.com/articles/calls-mount-for-government-help...
- akira2501 2y ago> until it becomes prohibitively expensive or dangerous for the attackers to do what they do. We used to hang thieves. We still had theft.
- er0k 2y agoKelly Shortridge's post about the DBIR is great https://kellyshortridge.com/blog/posts/shortridge-makes-sense-of-verizon-dbir-2024/ https://kellyshortridge.com/blog/posts/shortridge-makes-sens...
- hackncheese 2y agoI was thoroughly entertained by this read, thanks for the rec
- jollofricepeas 2y agoThe DBIR is an interesting dataset in that it only covers breaches that have been covered by the media. It does not include the vast majority of breaches that happen every year and are reported to federal and state regulatory bodies or as posted to cybercrime / ransomware sites. One of the coolest things is that this process though flawed is transparent and semi-open to the public. The dataset and the underlying process for which events are selected takes place in the open on GitHub. Kudos to their commitment to open source. https://github.com/vz-risk/VCDB https://github.com/vz-risk/VCDB
- bravetraveler 2y agoMeanwhile, for the common person, they harvest info. Very open. Laugh track.
- westmeal 2y agoKind of ironic they try to collect an email on this page and you simply have to hit view only.
- internetter 2y agoWhat is ironic about this?
- observationist 2y agoVerizon having to publicly disclose that they screwed up protecting the data they collect, and then, like a desperate addict, asking for more data? Yeah, no, you're right, not ironic at all.
- Veserv 2y agoIt is a report that Verizon produced about data breaches in industry, not a report about a data breach at Verizon. Please at least click the link before making snarky comments or your snarky comments will be misinformed.
- dylan604 2y agoYou have to admit the title "2024 Verizon Data Breach Investigation Report" is very easily interpreted as a Verizon data breach.
- kulshan 2y agoThat's why reading before commenting is preferred...there's even a synopsis outlying what the report is though at the link and the second page of the report outlines it as well. So even a cursory glance before commenting would have worked here...
- dylan604 2y agoPossibly, but even after knowing what TFA is about, the title still reads the other way. It's an unfortunate thing that the majority of readers of the title will assume it is a breach of Verizon rather than an investigation by Verizon. To not understand this and allow the title to go as is, is just naivete at its finest.
- ffpip 2y agoDirect link - https://www.verizon.com/business/resources/T5d2/reports/2024-dbir-data-breach-investigations-report.pdf https://www.verizon.com/business/resources/T5d2/reports/2024... From the title, it seemed that Verizon had published a postmortem of a recent data breach incident they had
- internetter 2y agodang, could you correct this URL?
- jkingsman 2y agoLooks like this link also redirects to the intake screen and not the PDF, now. https://www.verizon.com/business/resources/T60a/reports/2024-dbir-data-breach-investigations-report.pdf https://www.verizon.com/business/resources/T60a/reports/2024... appears to be the latest direct link.
- bravetraveler 2y agoThis, too, now harvests info. Well, I'm cancelling my services with them. This is disgusting. Won't do much but make me feel better, and save money. With the internet I never use my phone. Time to deal with the liability I guess.
- amatecha 2y agothe "direct link" expires and becomes the page attempting to harvest your personal info, unfortunately.
- ffpip 2y agoApologies, did not know verizon was incapable of correctly hosting a PDF. Should have archived it to wayback machine
- justinclift 2y ago
- ChrisArchitect 2y agoOfficial release, other links: https://www.verizon.com/about/news/2024-data-breach-investigations-report-vulnerability-exploitation-boom https://www.verizon.com/about/news/2024-data-breach-investig...
- hk1337 2y agoGeez, all 3 major mobile phone providers have had a data breach fairly recently. T-Mobile (2021), AT&T (2024), Verizon (2024)
- selectodude 2y agoIt wasn’t a breach at Verizon.
- hk1337 2y agoAh, okay. I misunderstood.
- probably_jesus 2y ago[dead]
- chefandy 2y agoThis is actually a really solid high-level report. Very well-written. Frankly, it blows my mind that it was made by a company with such infuriatingly asinine, incompetent, and ineffective support processes. I'll bet a non-zero quantity of hiring managers that have been burned by Verizon's support have subconsciously passed over talented candidates coming from there.
- StressedDev 2y agoEvery large organization has good parts and bad parts. What most people forget is a company is just a collection of people. When you have 1,000, 10,000, 100,000, etc. employees, they can't all be good, bad, etc.
- chefandy 2y agoSure, but few orgs have as much surface area with such a ridiculously bad service. And I said subconsciously. I really doubt anyone would deliberately refuse to hire a good candidate because they worked for a company with shit customer service. But our thought processes are influenced a whole lot more by subconscious factors than we like to think they are. People that think their thought process is entirely logical and deliberate usually just lack the introspection to see how wrong they are. It's basically the core tenet of modern advertising.
- NoPicklez 2y agoHonestly, telecommunications companies in general are considered to have bad service. I worked for a large telco for many years with a lot of history and people honestly hated the company, even if they came in store and had a flawless experience many of them couldn't be curbed. You have everyday people using mobile and internet services that operate in the background that impact people heavily if they go down or their experience is poor. Then the process for them to get it remediated is speaking with service staff that often don't have the ability to actually fix the problem if it is infrastructure related. Especially when internet services and speeds around a decade ago were/are struggling to keep up with basic internet usage. As an employee I had gone above and beyond for many customers and had experienced some crazy stories where the customer was simply horrible.
- semiquaver 2y agoSubmitted title is very misleading. The linked paper is called “ 2024 DBIR Data Breach Investigations Report” and is not about a Verizon breach.
- withzombies 2y agoVerizon publishes the DBIR every year. The full name is the Verizon Data Breach Investigation Report.
- itisit 2y agoWhat is up with the glib tone featured throughout this document? To cite a few examples (there are many more): Page 11: "Hello, friends, and welcome to the “Results and analysis” section." Page 15: "Hey, you, don’t skip this section this year! We know we keep repeating, “It’s always external criminals wanting your money” alongside dated pop culture references, but we have some interesting data points to discuss this year. Does this mean External actors are not the most prevalent? No, of course they are, silly. But since we got your attention, please read on." Page 37: "In the cybersecurity world, or “the cyber biz,” as we call it, we certainly love our catchy terminology. Terms such as whaling, smishing, quishing, tishing, vishing, wishing, pharming, snowshoeing and plain old phishing are ever-present in the Social Engineering pattern. This makes sense because there are a lot of vectors on which we need to educate our employees and end users, and we’re positive that in another five years, there will be new ones that we will have to add to our list."
- NoPicklez 2y agoI couldn't help but pick up on that either As someone who works in the "cyber biz", I don't think we really do like all of these supposedly catchy terms that are just more specific ways to describe the same thing. All it does is confuse end users with more jargon.