Social media data breaches account for over 40% of all breached records

Social media is quickly turning into a primary security weak point. A single data breach within one of the major social media networks can result in the theft of millions of records.

Over the past few years, we have witnessed multiple large-scale data breaches involving companies like Facebook and Twitter. Yet we rarely see the big picture.

Fortunately, the data presented by Atlas VPN gives some insight into the extent of the problem. It turns out that 41% of all compromised records in 2021 came from social media data leaks, which is a significant increase from 25% in 2020.

The data presented is based on the ForgeRock Consumer Identity Breach 2022 report, which gathered data from various sources, such as 2021 Identity Theft Resource Center, IBM Ponemon, TechCrunch, Forrester Research, as well as UpGuard and IdentityForce.

A few other factors make social media a security weak spot in today’s online landscape.

First, criminals can prey on business customers by impersonating the company in order to obtain credentials. This is becoming all the more common as businesses increasingly use social media to communicate with their customers.

Second, fraudsters frequently attempt to infiltrate businesses by taking advantage of mutual connections, which creates a false sense of security.

Additionally, people who overshare on social media make it easy for thieves to locate personal information that facilitates corporate breaches.

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