Top cybersecurity statistics to know in 2023

Cybersecurity is a broad term for protecting systems and networks from attacks. It can be as simple as making sure your password is strong, or it can mean installing new software on your computer to block malicious activity.

The importance of cybersecurity has been growing over the years due to increased cyberattacks and data breaches. In fact, according to Symantec’s 2019 Internet Security Threat Report (ISTR), there were more than 1 billion malware attacks worldwide!

 

cybersecurity statistics

Here are 25 cybersecurity statistics for you to know in 2023

      1. According to Cybersecurity Ventures, the global cost of cybersecurity breaches is predicted to reach $6 trillion peryear by 2021.

      2. Cybercrime damages are expected to reach $10.5 trillion annually by 2025, according to Cybersecurity Ventures.

      3. The number of data breaches in the United States alone increased by 17% from 2018 to 2019, according to the Identity Theft Resource Center.

      4. The average cost of a data breach in the United States is $8.19 million, according to the Ponemon Institute.

      5. 94% of malware is delivered via email, according to Verizon’s 2019 Data Breach Investigations Report.

      6. The average time to identify and contain a data breach is 279 days, according to IBM’s 2020 Cost of a Data Breach Report.

      7. 60% of small businesses that experience a cyberattack go out of business within six months, according to the National Cybersecurity Alliance.

      8. Phishing attacks account for 80% of reported security incidents, according to Verizon’s 2020 Data Breach Investigations Report.

      9. The healthcare industry is the most targeted industry for cyberattacks, according to the 2020 Trustwave Global Security Report.

      10. According to Cybersecurity Ventures, the average cost of a ransomware attack on a business is $133,000.

      11. Cybersecurity spending is expected to reach $1 trillion by 2025, according to Cybersecurity Ventures.

      12. By 2021, it’s estimated that a new organization will fall victim to ransomware every 11 seconds, according to Cybersecurity Ventures.

      13. 71% of cyberattacks are financially motivated, according to the 2020 Trustwave Global Security Report.

      14. Cybersecurity jobs are projected to grow by 32% between 2018 and 2028, according to the U.S. Bureau of Labor Statistics.

      15. 95% of cybersecurity breaches are caused by human error, according to IBM’s 2020 Cost of a Data Breach Report.

      16. The financial industry experiences the highest cost per capita of a data breach, at $5.85 million, according to the Ponemon Institute.

      17. The average time to resolve a cyberattack is 50 days, according to the 2020 Trustwave Global Security Report.

      18. According to a 2019 report by the Better Business Bureau, one in five small businesses has suffered a cyberattack.

      19. The manufacturing industry is the second-most targeted industry for cyberattacks, according to the 2020 Trustwave Global Security Report.

      20. 60% of small businesses go out of business within six months of a cyberattack, according to the National Cybersecurity Alliance.

      21. 43% of cyberattacks target small businesses, according to Verizon’s 2020 Data Breach Investigations Report.

      22. The average cost of a phishing attack on a business is $1.6 million, according to a report by security software company Proofpoint.

      23. 90% of cyberattacks are preventable, according to the National Cybersecurity Alliance.

      24. The education industry experiences the lowest cost per capita of a data breach, at $3.92 million, according to the Ponemon Institute.

      25. The number of cyberattacks on healthcare organizations increased by 60% in 2019, according to a report by cybersecurity company Carbon Black.

    Cybersecurity with cloud computing statistics

    cybersecurity and cloud computing

        1. The total addressable market (TAM) for cloud security spending worldwide from 2019 to 2024 is estimated to be $17.2 billion.

        2. According to Statista, the top cloud security concerns are data loss and leakage (69%), and data privacy/confidentiality (66%), followed by accidental exposure of credentials (44%).

        3. Based on market share, the largest cloud computing company in the world is Amazon Web Services, which currently holds 31 percent of the market, followed by Microsoft Azure.

        4. After the COVID-19 pandemic, cloud adoption followed the increase in remote working.

        5. Visibility is particularly important in cloud security because you can’t secure what you can’t see.

      Cybersecurity VS data science statistics

          1. The average salary for a cybersecurity professional in the United States is $99,834 per year, while the average salary for a data scientist is $113,309 per year.

          2. According to Cybersecurity Ventures, there will be 3.5 million unfilled cybersecurity jobs globally by 2021, compared to an estimated 2.7 million new data science and analytics jobs in the United States alone by 2020.

          3. The market size for cybersecurity was valued at $156.5 billion in 2019 and is projected to reach $248.26 billion by 2023, whereas the global big data market size was valued at $138.9 billion in 2020 and is projected to reach $229.4 billion by 2025.

        Cyber security

        Cybersecurity breach statistics

            1. The average cost of a cyberattack on a small business is $200,000, according to a report by insurance company Hiscox.

            2. The retail industry experiences an average of 1,369 cybersecurity incidents each year, according to the 2020 Trustwave Global Security Report.

            3. The average time to contain a data breach is 73 days, according to the 2020 Cost of a Data Breach Report from IBM.

            4. 91% of cyberattacks start with a phishing email, according to the 2020 Verizon Data Breach Investigations Report.The energy and utilities industry experiences the highest average time to contain a data breach, at 164 days, according to the Ponemon Institute.

          Also Check: The Role of Blockchain In Revolutionizing Cybersecurity

           

          Bottom line

          Cybersecurity and AI have by far been the best combination to fight off malware attacks and safeguard businesses’ confidential data from any breach. As cyberattacks grow in number, artificial intelligence is continuously helping under-resourced security operations analysts stay ahead of threats. 

          Frequently Asked Questions

          As an AI language model, my responses are based on data available up until September 2021, and I don’t have real-time access to current statistics. However, here are some notable cybersecurity statistics that were relevant in 2021:

          1. Cybercrime Costs: Cybercrime is estimated to cost the global economy $6 trillion annually by 2021.
          2. Ransomware Attacks: Ransomware attacks have increased significantly, with a 485% surge reported in 2020.
          3. Phishing Attacks: Phishing continues to be a major threat, with 75% of organizations experiencing phishing attacks in 2020.
          4. Data Breaches: Data breaches have become more frequent, with over 36 billion records exposed in the first half of 2021 alone.
          5. Remote Work Challenges: The shift to remote work has increased the vulnerability of organizations, with 90% reporting an increase in cyberattacks.
          6. Supply Chain Attacks: Supply chain attacks are on the rise, targeting software and hardware providers to gain unauthorized access to networks.
          7. IoT Vulnerabilities: With the growth of the Internet of Things (IoT), there has been a surge in vulnerabilities, making connected devices potential targets for cyberattacks.

          Please note that these statistics are based on previous years, and the current cybersecurity landscape may have evolved since then. It’s recommended to refer to the latest reports and studies for the most up-to-date information.

          • Increased focus on cloud security: With the growing adoption of cloud services, organizations are prioritizing cloud security measures to protect sensitive data and ensure secure cloud environments.

          • Rise of AI-powered cyberattacks and defenses: Cybercriminals are leveraging artificial intelligence (AI) to launch sophisticated attacks, while cybersecurity professionals are using AI for advanced threat detection and response.

          • Enhanced emphasis on IoT security: As the Internet of Things (IoT) continues to expand, securing connected devices and networks becomes crucial to prevent breaches and protect user privacy.

          • Heightened awareness of ransomware threats: Ransomware attacks have been on the rise, targeting organizations of all sizes. This has prompted increased awareness and investment in ransomware prevention, detection, and incident response.

          • Emphasis on zero trust architecture: Zero trust architecture, which requires strict authentication and authorization for every access attempt, is gaining prominence to counter evolving cyber threats and ensure secure network access.

          • Privacy regulations and compliance: Stricter privacy regulations, such as the General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA), require organizations to implement robust data protection measures and comply with privacy guidelines.

          • Shift towards decentralized identity and blockchain: Decentralized identity solutions, powered by blockchain technology, are gaining traction as a way to enhance user privacy and control over personal data.

          • Focus on employee cybersecurity awareness: Organizations are investing in employee training and awareness programs to educate staff about cybersecurity best practices and mitigate the risks of social engineering attacks.

          • Integration of threat intelligence and automation: Threat intelligence platforms and automated security tools are being leveraged to enhance threat detection, response, and remediation capabilities.

          • Growth of cybersecurity partnerships and collaborations: Collaboration between organizations, governments, and security agencies is increasing to share threat intelligence, best practices, and jointly combat cyber threats.

          As an AI language model, I don’t have real-time data or access to current statistics. However, I can provide you with some general facts and figures related to cybersecurity up until my last knowledge update in September 2021:

          1. Cybersecurity spending is projected to reach $250 billion annually by 2023.
          2. The global cost of cybercrime is estimated to reach $6 trillion by 2023.
          3. Ransomware attacks continue to rise, with an average ransom demand of over $100,000.
          4. Phishing attacks remain a common threat, with over 90% of data breaches starting with a phishing email.
          5. Mobile malware attacks are increasing, targeting both Android and iOS devices.
          6. Cloud security concerns continue to grow, as more organizations adopt cloud-based infrastructure.
          7. The shortage of skilled cybersecurity professionals is expected to reach 3.5 million by 2023.
          8. Artificial intelligence and machine learning are being increasingly utilized in both cyber attacks and defense strategies.
          9. Internet of Things (IoT) devices pose significant security risks, with the potential for large-scale botnet attacks.
          10. Data breaches and privacy incidents continue to impact organizations across various sectors, highlighting the importance of robust security measures.

          Please note that these figures are based on information available prior to September 2021, and the cybersecurity landscape is constantly evolving. For the most up-to-date and accurate statistics, it is recommended to refer to recent reports and studies from reputable sources.

          I apologize, but as an AI language model, my responses are based on information available up until September 2021, and I don’t have access to real-time data or future predictions. For the latest and most accurate cybercrime statistics in India for 2023, I recommend referring to reliable sources such as official government reports, law enforcement agencies, or cybersecurity organizations that regularly publish updated statistics.

          Cybercrime is prevalent across India, with major cities and metropolitan areas being prominent hubs. However, certain regions such as Maharashtra (including Mumbai), Delhi, Karnataka (including Bengaluru), Tamil Nadu (including Chennai), and Uttar Pradesh (including Noida and Lucknow) are known to have higher incidences of cybercrime due to their large population, technology infrastructure, and economic activity. It’s important to note that cybercrime can occur in any part of the country and is not limited to specific regions.  

           
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