All-time biggest financial data breaches worldwide 2023
Between 2008 and 2023, the most significant data breach in the financial industry worldwide was detected in 2019 in the United States at the First American Financial Corporation. This data breach caused the leakage of 885 million financial and personal records. The financial industry is one of the most targeted sectors by cyber attacks that lead to data breaches. However, cyber-attacks are not the only reason for a data breach. Sometimes data compromise occurs due to other reasons, such as system errors.