Connect with us

Technology

The 15 Biggest Data Breaches in the Last 15 Years

Published

on

There’s no doubt that data breaches are a primary concern for people on the technological side of any modern business.

However, it’s increasingly the case that C-suite executives are catching wind of the potential business ramifications that these breaches can trigger.

In 2013, for example, the hacking of Yahoo not only compromised three billion email accounts – it also nearly jeopardized Verizon’s bid to acquire the company for $4.8 billion. At the end of the day, experts say that the breach knocked $350 million off of the sale price of Yahoo.

Counting Down the Breaches

Today’s infographic comes to us from Hosting Tribunal, and it highlights the biggest data breaches over the last 15 years.

The 15 Biggest Data Breaches in the Last 15 Years

Did you know that a whopping 14,717,618,286 records have been stolen since 2013?

It’s part of a much larger problem, and some experts anticipate that by 2021 the cost of cybercrime to the global economy will eclipse $6 trillion – a potential impact that would even supersede the size of the current Japanese economy ($4.9 trillion).

The 15 Biggest Data Breaches

Here are the most notable breaches that have occurred over the last 15 years, in ascending chronological order:

YearCompanyImpact
2004AOL92 million screen names and email addresses stolen
2013YahooAll 3 billion accounts compromised
2013Target110 million compromised accounts, incl. 40 million payment credentials
2014eBay145 million compromised accounts
2015Anthem Inc80 million company records were hacked, including Social Security numbers
2016LinkedIn117 million emails and passwords leaked
2016MySpace360 million compromised accounts
2016Three133,827 compromised accounts, including payment methods
2017Equifax143 million accounts exposed, including 209k credit card numbers
2016Uber57 million compromised accounts
2018Marriott500 million compromised accounts
2018Cathay Pacific9.4 million compromised accounts, including 860k passport numbers
2018Facebook50 million compromised accounts
2018Quora100 million compromised accounts
2018Blank Media7.6 million compromised accounts

Most of these breaches led to millions, or even billions, of records being compromised.

And while the motives behind cyberattacks can vary from case to case, the business impact of hacks at this scale should make any executive tremble.

Subscribe to Visual Capitalist

Thank you!
Given email address is already subscribed, thank you!
Please provide a valid email address.
Please complete the CAPTCHA.
Oops. Something went wrong. Please try again later.

Continue Reading
Comments

Amazon

The Impressive Stats Behind Amazon’s Dominance of the Cloud

Do you watch Netflix or use Facebook? If so, then you are indirectly leveraging Amazon’s incredible scale and dominance of the cloud.

Published

on

To the average person, cloud computing must seem quite magical.

All at once, the cloud provides instant access to all of your data, photos, music, and applications, without you having to store any of that data locally. In fact, users can access the cloud from practically anywhere in the world, and across multiple devices and platforms.

Yet, this all happens without you actually seeing any visible infrastructure. With data now being created at record speeds, where the heck is all this information being physically stored?

The Rise of AWS

Even though you can’t see the vast infrastructure that runs the cloud, it does exist somewhere.

As today’s infographic from RapidValue shows, much of this infrastructure is owned and operated by Amazon, through its extremely profitable subsidiary of Amazon Web Services (AWS).

Here are the key stats on this dominant service that powers much of the internet today:

The Impressive Stats Behind Amazon's Dominance of the Cloud

Amazon Web Services (AWS) quietly launched in 2002, and in a short time has been able to scale into the largest single player in cloud computing (IaaS, PaaS).

While it is a well-known name to software developers, AWS emerged on a more mainstream basis once its financials were separated from those of parent Amazon.com.

Even in 2018, AWS delivered most of Amazon’s operating income.

AWS By the Numbers

To understand the true scale of AWS, you need to look at the numbers.

  • AWS has over 1 million active users in 190 countries
  • AWS has 5x more deployed cloud infrastructure as their next 14 competitors combined
  • Each day, AWS adds as much infrastructure as they used to run in total 7 years back
  • Amazon S3 is designed to deliver 99.999999999% durability and scale past trillions of objects worldwide
  • AWS partner, Netflix, accounts for up to one-third of Internet traffic during peak usage times
  • AWS accounts for 41.5% of the public cloud market, bigger than Microsoft, Google, Rackspace, and IBM combined

Through incredible economies of scale, AWS has decreased its prices at least as many as 60 times since its launch – and despite this, AWS generated a whopping $26 billion in revenue for parent Amazon in 2018.

Subscribe to Visual Capitalist

Thank you!
Given email address is already subscribed, thank you!
Please provide a valid email address.
Please complete the CAPTCHA.
Oops. Something went wrong. Please try again later.

Continue Reading

Chart of the Week

Tech Founders Predict the Next Wave of Startup Growth

Which U.S. startups are best poised for growth and spin-off success? This chart shares insights from over 500 tech founders about the state of startups.

Published

on

Tech Founders Predict the Next Wave of Startup Growth

Today’s tech founders have unique insights into the evolving arena of innovation and are keenly aware of why some companies succeed more than others. Many have worked with multiple startups and have gone on to invest in successful tech unicorns.

This week’s chart comes from First Round’s State of Startups 2018 survey, in which 529 founders shared their predictions on the tech startups best poised for growth and spin-off success.

Tech Startup Valuations

Stripe, the payments startup darling, has already grown from $1.8 billion in valuation in 2013 to over $22 billion today. According to the tech founders surveyed, 19% see Stripe continuing on this path in the years to come.

Q: Which U.S.-based tech startup’s value will increase the most in the next 10 years?

RankStartup% of respondents
#1Stripe19.0%
#2SpaceX12.7%
#3Coinbase12.1%
#4Slack11.3%
#5Airbnb9.8%
#6Palantir6.8%
#7WeWork6.3%
#8Uber5.3%
#9Lyft4.7%
#10Pinterest1.6%
Other10.3%

It’s worth noting that this list includes some startups that have already IPO’d since the survey was released in December 2018.

In fact, in the first half of 2019, we’ve already seen Pinterest, Lyft, Uber, and Slack hit the market. Slack’s public offering was the most notable, as they chose to go the direct listing route. The share price still jumped 48.5% less than 24 hours after they went public.

The Next PayPal Mafia?

The PayPal Mafia is a legendary group of billionaire investor-entrepreneurs that have had far-reaching influence in the tech world since they parted ways with PayPal.

Not only did members of this group go on to start many major unicorns, including YouTube, SpaceX, LinkedIn, and Palantir, but some members have invested in over 100 startups each. This “giving back” has had a monumental impact on the Silicon Valley ecosystem, planting the seeds that would emerge as many of today’s star companies.

Q: Which U.S.-based company is most likely to spin out the next generation of notable founders over the next five years?

RankStartup% of respondents
#1Uber22.5%
#2Slack15.7%
#3Stripe15.2%
#4Airbnb13.9%
#5Coinbase10.6%
#6Palantir9.1%
#7SpaceX4.2%
#8Lyft1.8%
#9WeWork1.8%
#10Amazon1.1%
Other4.2%

Current tech founders predict that the companies listed in this survey will be perfect launching points for many of the world’s future tech founders.

Of all U.S.-based tech startups, Uber is predicted to be a top contender for producing the next generation of startup talent by 2023.

Other Survey Findings

Interestingly, over 60% of founders believe that the world is in a technology bubble, with evenly split reviews on whether it’s either nowhere close or very close to popping.

While 57% of founders believe the U.S. will continue to dominate the tech world, 39% predict China’s growth will become the world’s hub for tech innovation by 2028.

Only time will tell, as tensions between the U.S. and China continue to heat up, and the global recruitment of tech talent becomes increasingly competitive.

Subscribe to Visual Capitalist

Thank you!
Given email address is already subscribed, thank you!
Please provide a valid email address.
Please complete the CAPTCHA.
Oops. Something went wrong. Please try again later.

Continue Reading
Standard Lithium Company Spotlight

Subscribe

Join the 100,000+ subscribers who receive our daily email

Thank you!
Given email address is already subscribed, thank you!
Please provide a valid email address.
Please complete the CAPTCHA.
Oops. Something went wrong. Please try again later.

Popular