2022 ForgeRock Consumer Identity Breach Report

Unauthorized Access Remains a Top Threat — It's Time to Render Stolen Passwords Worthless for Launching New Attacks

The digitalization of the world shows no signs of slowing down. Two years into the pandemic, cybercriminals continue to take full advantage of consumers living their lives online. Previously breached data is being used to tap into a rich vein of additional personal information held in online shopping, social media, and healthcare sites, among others.

The ForgeRock 2022 Breach Report reveals that data records containing usernames and passwords are the perfect "seeds" for perpetrating new breaches. Here are a few of the report's findings:

• Two billion records containing usernames and passwords were compromised in 2021 — an increase of 35% over 2020.

• Unauthorized access was the top vector in 2021, accounting for 50% of all breaches.

• In the U.S. retail sector, the average cost of a single breach rose by nearly two-thirds to $3.27 million.

Download and read the ForgeRock 2022 Consumer Identity Breach Report for key details on data breaches impacting consumers across various industries and regions, including the U.S., U.K., Germany, Australia, and Singapore. You'll also gain valuable insights into how you can strengthen security to quell these attacks while providing your customers with great user experiences.