Number of Data Records Stolen in 2016 Rises by 54 Percent Over Prior Year, Finds Wipro Security Report

The number of records stolen via data breaches in 2016 globally rose nearly 54 percent compared with the prior year, said India-based technology company Wipro, which released its first cybersecurity report Thursday. The report was based on interviews with chief information security officer teams in 139 organizations across various sectors and in 11 countries in Asia, Europe, Middle East and North America. In a news release on the report, Wipro said user credentials were stolen in 56 percent of the breaches, meaning more damage could be perpetrated. It said 56 percent of all malware attacks last year were a result of Trojans, viruses accounted for 19 percent, and worms were 20 percent. It said IoT devices with low memory and processing footprint have "very little security capabilities" such as patching and are "easy prey" for hackers.