Additionally, 21% of all data breaches are caused by an error, while 15% have an authorized user’s mistake as the culprit. To successfully fight against malicious intent, it’s imperative that companies make cybersecurity awareness, prevention and security best practices a part of their culture. April 24, 2020 / 0 Comments / in Cyberwarfare , Economy , Policy , Politics , Regulation , Waste, Fraud and Abuse / … Cyber attack statistics by year show that in 2015 the average amount demanded was just $294. The cybersecurity market will grow by 12% to 15% growth through 2021. ( Palo Alto Networks) Phishing attacks will increase in … The mounting number of cyber attacks across the internet critically affects organizations in terms of both losses of sensitive information and costs associated with it. 2020 Cybersecurity Statistics, Threats, and Mitigation Options. Use the menu below to jump to a relevant section: There are many important facets to cybersecurity, which are covered in greater detail below. (, 71% of breaches were financially motivated and 25% were motivated by espionage. Additionally, SMBs were widely targeted in 2019 due to the perception that they possess fewer security capabilities in place. (, In 2016, Uber reported that hackers stole the information of over 57 million riders and drivers. (, 15% of breaches involved Healthcare organizations, 10% in the Financial industry and 16% in the Public Sector. 30 Cyber Security Statistics for 2020. by Thomas Gilham. (, 65% of groups used spear-phishing as the primary infection vector. (Symantec) Q: What’s the Biggest Cybersecurity Threat to Businesses? Cybersecurity statistics indicate a significant rise in data breaches and hacking, most of which, involve workplace devices. To successfully fight against malicious intent, it’s imperative that companies make cybersecurity awareness, prevention and, For more in-depth security insights check out our. Last year we published a guide that highlighted the most alarming cybersecurity statistics and trends unfolding at that time. Our site is reader-supported. Andra Zaharia. We have been compiling a list of relevant cyber-security statistics for you for years now and have decided to update our list with the most alarming cyber security statistics for 2020: 1. (, On average, every employee had access to 17 million files. (, In 2017, 147.9 million consumers were affected by the Equifax Breach. (, The average annual security spending per employee doubled, from $584 in 2012 to $1,178 in 2018. (Cyber Security Breaches Survey 2020). @andrazaharia UPDATED: December 9, 2020. (, Most malicious domains, about 60%, are associated with spam campaigns. ( Accenture) $3.9 million is the average cost of a data breach. (, 100,000 groups in at least 150 countries and more than 400,000 machines were infected by the Wannacry virus in 2017, at a total cost of around $4 billion. Try a free risk assessment to see where your vulnerabilities lie. (, The average cost in time of a malware attack is 50 days. By Matt Martin / Insights & News, RTIC insights / October 1, 2020 October 12, 2020. This includes data breaches, hacking stats, different types of cybercrime, industry-specific stats, spending, costs and the cybersecurity career field. Cybersecurity Statistics – A General Overview In 2020 January 9, 2020 October 7, 2019 by Kenneth G Aranda As the cybersecurity landscape continues to evolve and expand, the threats facing businesses and individuals grow more sophisticated with each passing day. 1. (, Companies reportedly spent $9 billion on preparing for the GDPR. © 2020 Inside Out Security | Policies | Certifications, "It's the threats you don't see coming that get you, and this was an eye opener.". 2020 Roundup of Cybersecurity Forecasts And Market Estimates The global cybersecurity market will be worth $300B by 2024, according to Global … , DDoS attacks, and malware like Trojan horse, adware and spyware. ( Cybersecurity Ventures) The prevalence of Mac ransomware will increase. Cybersecurity budgeting has been increasing steadily as more decision-makers are realizing the value and importance of cybersecurity investments. 43% of breach victims were small businesses. Interested to see how the landscape has changed? March 3, 2020 May 19, 2020 SMB Consortium 0 Comments AgilitySMB, Small business cybersecurity, Small business technology tools, Technology and small business Small business owners should keep an eye out for cybersecurity statistics as it’s been clear through the years that their organizations are often targets for cybercrime. ( IBM) Local government domain administrator accesses are sold for an average of $3,217 in 2020. (, Including turnover of customers, increased customer acquisition activities, reputation losses and diminished goodwill, the cost of lost business globally was highest for U.S. companies at $4.13 million per company. In 2020, 98% of point of sale data breaches in the accommodation and food services industry were financially motivated. (, Equifax was found liable for their 2017 breach and was fined $425 million by the Federal Trade Commission (FTC) in 2019. by Matt Ahlgren. More severe consequences are being enforced as stricter legislation passes in regions across the world. (, The United States and the Middle East spend the most on post-data breach response. Covid-19 may have been rightly hogging the global headlines so far in 2020, but while global lockdown may have been good news for online retailers and those able to work from home, that invariably means it has also been a lucrative period for cyber criminals. (, Phishing levels declined, dropping from 1 in 2,995 emails in 2017, to 1 in 3,207 emails in 2018. (, In 2016, 3 billion Yahoo accounts were hacked in one of the biggest breaches of all time. Varonis recently discovered the. The imbalance of the amount of skilled cybersecurity workers along with the high demand to fill cybersecurity positions has caused a cybersecurity skills shortage. 0. and education are some of the best ways to decrease risk. (, 3.9 million is the average cost of a data breach. Keeping, and governance up to par is instrumental to maintaining compliance with data privacy legislation like. (, 83% of enterprise workloads will move to the cloud by the year 2020. Cybersecurity statistics in the first half of 2020 25% of brand impersonations in phishing attacks (, 500,000 Data Protection Officers are employed (, 66% of cybersecurity professionals struggle to define their career paths. 99% of attack vectors in 2020 are known to cybersecurity professionals. (, The average cost in time of a malware attack is 50 days. By Bojan Jovanović November 14, 2019 Cybersecurity is pretty much a “must have” for internet users today. Some stand-outs from recent years include the European Union’s 2018 General Data Protection Regulation (GDPR) and California’s 2020 California Consumer Privacy Act (CCPA). (, Ransomware damage costs will rise to $11.5 billion in 2019 and a business will fall victim to a ransomware attack every 14 seconds at that time. (, The cost of lost business averaged $1.42 million. Cybersecurity is pretty much a “must have” for internet users today. — like outsourcing tasks, starting apprenticeships and partnerships with educational and military institutions to find fresh talent. , as more iterations are expected to pass across the globe in the coming years. (CyberSecurity Ventures) The Equifax breach cost the company over $4 billion in total. Cybercrimes are now an everyday concern for businesses. Cybersecurity Statistics for 2020 – Trends, Insights, & More! are usually bigger targets for hackers who want to steal Social Security numbers, medical records and other personal data. (, The estimated losses in 2019 for the healthcare industry are $25 billion. (, 52% of breaches featured hacking, 28% involved malware and 32–33% included phishing or social engineering, respectively. 26+ Cyber Security Statistics & Facts For 2020. When looking for a point of entry, the cybersecurity statistics for 2020 point out that hackers are most likely to choose either a router or IoT devices, such as cameras. The most expensive component of a cyber attack is information loss, which represents 43 percent of costs. Here we wanted to include statistics that give a good idea of the cybersecurity field as a whole, along with the overall impact of, To learn more about a variety of cybersecurity topics, drop in for a, The worldwide information security market is forecast to reach $170.4 billion in 2022. As the cybersecurity landscape continues to evolve and expand, the threats facing businesses and individuals grow more sophisticated with each passing day. (, About 20% of malicious domains are very new and used around 1 week after they are registered. The increasing amount of large-scale, well-publicized breaches suggests that not only are the number of security breaches going up — they’re increasing in severity, as well. As in past years, the 2020 Survey collected information from attorneys in private practice on a host of topics concerning the use of technology in the practice of law. On average, customer PII costs $150 per record. 68% of business leaders feel their cybersecurity risks are increasing. has been increasing steadily as more executives and decision-makers are realizing the value and importance of cybersecurity investments. To give you a better view of the current state of overall security, we’ve collected 29 vital statistics about data breaches, hacking, industry-specific statistics, as well as spending and costs. 2020 was marked as a year of accelerated malicious activity across victims and targets. (, The average cost of a malware attack on a company is $2.6 million. March 3, 2020 May 19, 2020 SMB Consortium 0 Comments AgilitySMB, Small business cybersecurity, Small business technology tools, Technology and small business Small business owners should keep an eye out for cybersecurity statistics as it’s been clear through the years that their organizations are often targets for cybercrime. Being alert in cases of deviation from normal behaviour, 34% of data breaches involved internal actors. Rob Sobers is a software engineer specializing in web security and is the co-author of the book Learn Ruby the Hard Way. 32% of breaches involved phishing — phishing awareness and education are some of the best ways to decrease risk. (, Ponemon Institute’s 2017 Cost of Data Breach Study, 50% of large enterprises (with over 10,000 employees) are spending $1 million or more annually on security, with 43% spending $250,000 to $999,999, and just 7% spending under $250,000. (, Healthcare had the highest data breach costs at $429 per record. 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