As the world becomes gradually digitized, cybersecurity has become a top priority for individuals, businesses, and government agencies. Cybersecurity Technology is the practice of protecting electronic information from unauthorized access or theft. In a world where sensitive data is constantly being shared online, it is important to have strong cybersecurity measures in place to protect against cyber-attacks. There are many different types of cyber-attacks, ranging from simple viruses to more sophisticated attacks that can cripple entire systems. Many businesses conduct daily operations including cybersecurity.
A significant increase in hacks and data breaches from sources that are becoming more and more extensive in the workroom, such as mobile and IoT (internet of things) devices, can be credited to a lack of data protection, the concerns of a global pandemic, as well as an increase in the sophistication of exploits. Moreover, COVID-19 has increased the use of remote workers, paving the way for cyberattacks.
A recent security study indicates that most businesses have weak cybersecurity procedures, leaving them open to data loss. Businesses must integrate cybersecurity knowledge, prevention, and best practices into their culture in order to successfully combat hostile intent.
The Top 5 Cybercrimes in 2021:
- Identity theft
- Personal data breach
- Phishing attacks
- As of 2020, the Netherlands is the most Cyber-secure country in the world.
2022 Cybersecurity Trends Taking Shape
Even as the COVID-19 pandemic continues to subside, the world of cybersecurity experienced numerous upheavals in 2018. Many large firms continue to place a strong emphasis on remote work, which has led to an increase in cloud-based operations. By extending 5G networks, gadgets were connected at higher speeds and bandwidths. Since cryptocurrencies gained enormous popularity, more people than ever are now buying, selling, and trading them.
All of this serves to emphasize how critical cybersecurity is nowadays. In 2022 and beyond, these market trends and forecasts are anticipated to become established:
- Cybercrime has numerous new victims, as the number of worldwide internet users increases each year.
- As cryptocurrencies become more widely used, they will be subject to stricter regulation.
- Social media companies will try to regulate information sharing.
- Cybercriminals will continue to target remote employees.
- The number of cloud breaches will rise as a result of these remote workforces.
- As more jobs go vacant, the cybersecurity skills gap will continue to be a problem.
- As the bandwidth available to linked devices grows thanks to 5G, IoT devices will become increasingly susceptible to cyberattacks.
Influential Cybersecurity Statistics and Facts
- Human error is at blame for 95% of cybersecurity breaches.
- In 2028, it is anticipated that the global market for information security would grow to $366.1 billion.
- More than any other nation, the U.S. was the target of 46% of cyberattacks in 2020.
- On average, only 5% of company files have adequate security.
- According to 54% of businesses, their IT departments lack the sophistication to defend against sophisticated cyberattacks.
- Data breaches exposed approx. 22 billion records in 2021.
- As of 2020, Phishing is the most common cyberattack experienced by us companies.
Noteworthy Hacking Statistics
- The average time to recognize a breach in 2021 was 212 days.
- Personal data was involved in 45% of breaches in 2021.
- Identity theft grow 42% in 2020 compared to the year before.
Malware and Ransomware Attack Statistics
- The average ransomware payment rises steeply by 518% in 2021 to $570,000.
- Malware increased by 358 % in 2020.
- 26% of total web traffic is bad bot traffic.
- The average price of a ransomware recovery is approx. $2 million.
- The average cost of a ransomware recovery is nearly $2 million.
- As of 2021, the State/Local Governments accounted for 11.90% of the governments & industries worldwide spending more on cybersecurity.
Phishing Attack Statistics
- 57% of firms see daily or weekly phishing attempts.
- $17,700 is lost every minute owing to phishing.
- As of 2021, the growth in ransomware damage & costs worldwide is approx. 20,000.00 Mn.
IoT, DDoS, and Other Attacks Statistics
- By 2023, the total amount of DDoS attacks globally will be 15.4 million.
- Attacks on IoT devices increased in the first half of 2019.
- 30% of data breaches include internal actors.
GDPR Cybersecurity Statistics
- GDPR fines equaled $1.2 billion in 2021.
- 88% of organizations spent more than $1 million making for the GDPR.
- 1,000 news sources blocked EU readers to evade the rules of GDPR compliance.
- GDPR fines equaled $63 million in the first year.
In 2019, hacking was involved in 45% of all data breaches worldwide. The second most common cause, with an occurrence rate of 22%, was errors. Most data breaches were committed by outside parties.
Cybersecurity Workforce Statistics
- There are approx. 1,053,468 staff working in cybersecurity in the U.S. as of February 2022.
- Systems security analysts have the most available positions in the field of cybersecurity.
- 59% of cybersecurity specialists feel the demands of their work limit them from keeping up with cybersecurity skills.
- 76% of cybersecurity specialists consider hiring and recruiting new employees difficult.
- There was a 350% growth in cybersecurity opening positions from 2013 to 2021.
- As of 2021, Ukraine country accounted for 0.30% of the global malware attacks.
Cybersecurity Statistics by Industry
- In 2020, this industry lost approx. $21 billion owing to ransomware attacks.
- There were 712 data breaches of healthcare in 2021, beyond 2020 by 11%.
- More than 93% of healthcare firms went through a data breach from 2017 to 2020.
Crypto and Finance Cybersecurity Stats
- The total cost of cryptocurrency ransoms augmented by almost 80,000% from 2013 to 2020.
- 70% of sensitive files in this industry are stale.
- The average price of this service’s data breach is $5.85 million.
Government Cybersecurity Stats
- 58% of nation-state cyberattacks create by Russia.
- 79% of nation-state attackers target non-government organizations (NGOs), government agencies, and think tanks.
By 2026, the size of the worldwide cybersecurity industry is anticipated to increase to 345.4 billion USD. Protecting computer information systems, hardware, networks, and data from cyberattacks is known as cybersecurity. The world has seen significant investments in cybersecurity infrastructure as people become more aware of online hazards.
- Smaller organizations (employee size: 0 – 250) have the uppermost targeted malicious email rate at one in 323.
- Lifestyle (15%) and entertainment (7%) are the most frequently-seen malicious apps category.
COVID-19 Cybersecurity Statistics
- Lockdowns and remote work are propelling a 50% increase in global internet traffic, prominent to new cybercrime chances.
- Healthcare or banking institutions are the targets of 27% of COVID-19 cyberattacks, and in 2020, bank cyberattacks are expected to increase by 238%.
- 52% of compliance and legal leaders are concerned about third-party cyber risks owing to remote work.
Attacks using ransomware are becoming increasingly common and problematic. Every 40 seconds at the end of 2016, a company was the target of a ransomware attack. Research by Cybersecurity Ventures predicts that by 2021, this will increase to every 11 seconds. This cyberattack takes place when malicious software is used to prevent the victim from accessing a computer system or data until the criminal demands a ransom.
Cost of Cybercrime Statistics
- Cybercrime up 600% owing to COVID-19 Pandemic.
- Cybercrime price makes up a value worth 1% of the worldwide GDP.
- The average price of a data breach for small firms ranges from $120,000 to $1.24 million.
- 10% increase in the average total price of a breach from 2020-2021.
- 1 million individuals fall victim to cybercrimes annually.
- Individuals lose US$4,476 on average.
- Individuals lose US$318 billion to cybercrime.
- Individuals of phishing scams lost US$225.
As of 2021, Bangladesh country accounted for 35.91% of the global malware attacks.
- In 2020, the US market for cyber liability insurance was worth $2.7 billion.
- Funding for cybersecurity firms with foreign headquarters will rise by 20%.
- France ($3.1 billion), Spain ($2.6 billion), Germany ($2.2 billion), the United Kingdom ($1.5 billion), the Netherlands ($1.3 billion), and Belgium ($1.3 billion) are the European nations where businesses spend the most on cybersecurity.
- The most cyber-secure nations in the world, based on the score for cyberattack vulnerability, are Denmark (6.72), Sweden (8.40), Germany (9.39), Ireland (9.40), and Japan (9.46), according to Comparitech’s 2020 report.
- However, according to the cyberattack vulnerability score, Algeria (48.99), Tajikistan (48.54), Turkmenistan (48.39), Syria (44.51), and Iran (43.48) are the least cyber secure nations in the world.
- According to total investment, the three largest cybersecurity vendors are American: Cisco (9.1%), Palo Alto Networks (7.8%), and Fortinet (5.9%).
- With Checkpoint, which has a 5.4% market share, Israel has the fourth-largest cybersecurity provider in the world in terms of investment and the largest outside of the US.
- The demand for cybersecurity technologies from the US federal government is anticipated to increase from $10.9 billion in 2018 to over $14.1 billion in 2023.
- The 2021 cybersecurity budget set forward by the US president is $18.8 billion.
- Iran has the largest percentage of mobile devices that are malware-infected, at 52.68%.
- 37% of all data breaches involving stolen or compromised records occur in India.
The normal individual would believe that a corporation database contains nothing but dull records, but hackers are aware of the real purpose of that hard disc. The majority of cyber-attacks are started by outsiders, insiders, business partners, organized crime groups, and associated groups, according to Verizon’s Data Breach Investigations Report.