Summary:
In summary the reports says that the surge in cloud migration, coupled with AI and machine learning, accelerated data use and storage in 2023. This led to significant breaches, with notable incidents including the MOVEit ransomware attack impacting 62 million individuals globally, the ICMR breach exposing 81.5 million Indian citizens' data, and 23andMe's unauthorized access compromising 9 million user accounts.

Security Officer Comments:
In the case of the MOVEit breach, it clearly showcased global repercussions from a single software flaw, highlighting the need for robust data security measures and proactive response. The ICMR breach underscored the vulnerability of large government databases, emphasizing the necessity for stringent data security protocols. 23andMe's incident revealed the risks in highly sensitive databases, prompting the adoption of two-step verification and other security measures.

Suggested Corrections:
As a result, companies have realized the importance of prioritizing accountability, rebuilding customer trust, and addressing the challenge of balancing data usage with security. Lingering impact attacks and identity-based breaches are expected, necessitating a comprehensive approach spanning pre and post-attack responsibilities. Suggested Corrections strategies involve prompt accountability, risk reduction through data elimination, encryption, and access permission control. In summary, a proactive and multifaceted approach is crucial to safeguard sensitive information and mitigate the impact of potential breaches.

Link(s):
https://www.darkreading.com/cyberattacks-data-breaches/top-3-data-breaches-2023-what-lies-ahead-2024