In addition, the RISK team does not foresee the failure of an organization's cloud technology or configuration as being the root cause of a breach. However, an organization's service provider could inadvertently increase the likelihood of a breach by failing to take appropriate actions or taking inappropriate ones.
As for mobile devices, the Verizon researchers believe that lost and stolen – and unencrypted -- mobile devices will continue to far exceed hacks and malware.
The RISK Team also projects that attacks on mobile devices by the criminal world will follow closely the push to mobile payments in the business and consumer world. "There's a good chance we'll see this shift in 2013, but our researchers think mobile devices as a breach vector in larger enterprises will lag beyond 2013," Baker said.
Large organizations tend to pride themselves on their security strategy and accompanying plans, but the reality is that a large business is less likely to discover a breach itself than to be notified by law enforcement. "And if you do discover it yourself," Baker said, "chances are it will be by accident." He concluded:"Keep in mind that all of these breaches can still be an issue for enterprises. However, what we're saying is that they're over-hyped according to our historical data and are far less likely to factor into an organization's next breach than is commonly thought." Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, with nearly 96 million retail customers nationwide. Verizon also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries, including all of the Fortune 500. A Dow 30 company with $111 billion in 2011 revenues, Verizon employs a diverse workforce of 184,500. For more information, visit www.verizon.com. VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at www.verizon.com/news . To receive news releases by email, visit the News Center and register for customized automatic delivery of Verizon news releases.
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