Why is data so vulnerable?
Poor security practices are partly to blame. Despite the overall rise in spending on cybersecurity, many companies neglect to keep their systems regularly updated and patched. Equifax blamed a single employee for not installing a software update that would have prevented the breach. Many organizations and government agencies are reluctant to upgrade because of the cost and service disruption involved, leaving so-called legacy technology in place for years. About 7 percent of computers around the world still run 2001’s Windows XP, making it the third most popular operating system. But Microsoft stopped supporting XP in 2014, leaving it highly vulnerable to hackers. Most data is also stored unencrypted. Only 4 percent of breaches since 2013 have been so-called secure breaches, in which