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As more of our lives go digital, the threat of data breaches becomes more of a concern to everyone – consumers, businesses, and the government.
And the security breaches seem to be coming more frequently. Just today (Thursday), the United Parcel Service Inc. (NYSE: UPS) said that 51 stores in 24 states had been hacked and some private customer data stolen.
While only a fraction of cyberattacks are successful – hundreds of thousands are made every day – the few that do succeed typically cause a lot of harm.
That's why cybersecurity has become a priority for government and businesses alike. They all dread data breaches that become media circuses and tarnish reputations.
And no wonder. Target Corp. (NYSE: TGT) is still suffering from weaker sales resulting from its data breach last fall, when hackers stole 40 million customer credit card numbers and other personal data, like email addresses, from as many as 70 million customers.
The infographic below shows the eight biggest data breaches in history – all of which have happened within the past decade.
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