The Verizon 2024 Data Breach Investigations Report reveals a surge in cyber threats, with 10,626 confirmed breaches across 94 countries. Phishing remains a major risk, with users falling for attacks in under 60 seconds. Ransomware and extortion attacks accounted for 32% of breaches, with financial losses averaging $46,000. Credential theft played a role in 31% of breaches, while exploited vulnerabilities surged 180%, fueled by zero-day attacks. 68% of breaches involved human error, and third-party compromises rose 68%. Healthcare and manufacturing remain key targets, emphasizing the need for stronger cybersecurity strategies and faster vulnerability patching.

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