Cybercriminals Shift Focus Away from Individuals, Toward Businesses

Cybercriminals shifted away from stealing individual consumers’ information in 2020 to focus on bigger, more profitable attacks on businesses, according to a report from the Identity Theft Resource Center. The nonprofit, which supports victims of identity crime, found that the number of U.S. data breaches fell 19% in 2020 to 1,108. But the number of individual victims of such cybercrimes fell 66% compared with the year prior.