Attacks on payment systems trail other cybercrimes

April 23, 2014 by Bree Fowler

Target's massive data breach last year caused consumers to panic and drew attention to Internet crime. Yet a new study finds that breaches on retailer payment systems are less common than other kinds of attacks.

More than twice as many of last year's Internet data breaches resulted from various small online acts, such people clicking on malicious Web links and choosing easy-to-guess passwords.

A worldwide report from Verizon is considered to be one of the top annual looks at Internet-related crime. It's due out Wednesday.

While such large-scale attacks such as Target's grab headlines, the number of breaches of payment systems has fallen in recent years. In 2013, there were just 198 recorded breaches of payment systems, or 14 percent of the total.

Explore further: More than seven million patient record breaches in 2013

Related Stories

Holder urges congressional action on data breaches

February 24, 2014

(AP)—Attorney General Eric Holder is urging Congress to require businesses to quickly alert consumers and law enforcement agencies in the wake of significant data breaches like the ones at discount retailer Target and at ...

2.5 million Californians exposed in data breaches

July 3, 2013

A state report reveals 2.5 million Californians have had Social Security numbers, credit card and bank accounts and other sensitive information exposed in 131 data breaches since 2010.

Recommended for you

Your (social media) votes matter

January 24, 2017

When Tim Weninger conducted two large-scale experiments on Reddit - otherwise known as "the front page of the internet" - back in 2014, the goal was to better understand the ripple effects of malicious voting behavior and ...

Protective wear inspired by fish scales

January 24, 2017

They started with striped bass. Over a two-year period the researchers went through about 50 bass, puncturing or fracturing hundreds of fish scales under the microscope, to try to understand their properties and mechanics ...

'Droneboarding' takes off in Latvia

January 22, 2017

Skirted on all sides by snow-clad pine forests, Latvia's remote Lake Ninieris would be the perfect picture of winter tranquility—were it not for the huge drone buzzing like a swarm of angry bees as it zooms above the solid ...

Singapore 2G switchoff highlights digital divide

January 22, 2017

When Singapore pulls the plug on its 2G mobile phone network this year, thousands of people could be stuck without a signal—digital have-nots left behind by the relentless march of technology.

Making AI systems that see the world as humans do

January 19, 2017

A Northwestern University team developed a new computational model that performs at human levels on a standard intelligence test. This work is an important step toward making artificial intelligence systems that see and understand ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.