Online attacks are on the wane, but that's because cybercrooks are opting for smarter, more targeted approaches to getting at corporate data.

Verizon and the U.S. Secret Service released their annual study on data security, observing that while there were a lot of data breaches over the past year, hackers got away with less data. The number of compromised records involved in data breaches investigated by the pair dropped from 144 million in 2009 to “only” 4 million in 2010, representing the lowest volume of data loss since the report's launch in 2008. Yet this year's report covers approximately 760 data breaches, the largest caseload to date. 

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