Cybersecurity Stats That Will Make You Think Before Sharing Personal Details Online

Cyber Security Statistics
 
Cybercrime is increasingly becoming a daily concern for businesses. Cybersecurity statistics indicate a significant rise in cybercrime, with most incidents involving workplace devices.

 

Many firms have inadequate security measures, which exposes them to cybercrime. The global pandemic has also contributed to cyber attacks due to the shifting of the workforce toward online platforms.

 

The annual cybersecurity cost of organizations increased by 22.7% in 2021. The annual number of corporate security breaches increased by 27.4%. On average, it took organizations 50 days to solve an insider attack and 23 days to recover from a ransomware attack.

 

FinancesOnline has compiled cybersecurity industry data to help understand the current state of cybersecurity and present a convincing argument for adopting a more proactive approach to securing companies’ systems and information. They have also compiled a list of the finest IT security tools available on the market to assist individuals in getting started with their cybersecurity efforts.

 

Mentioned below is a list of the 2021 cyber-attack statistics.

 

Cybercrime Statistics for The Pandemic Period

Following are the 2021 Cybercrime COVID-19 statistics:

 

  1.  Cybercrime has skyrocketed by 600% since the COVID-19 outbreak.
    Many fraudsters are increasingly impersonating the Centers for Disease Control and Prevention (CDC) or the World Health Organization (WHO) to gain access and manipulate recipients into doing actions such as clicking on suspicious links or downloading malicious attachments. 
  2. The average cost of data theft has climbed by $137,000 due to remote work.Employees have more cyber security at the workplace than they have at home. This new work strategy has made them more vulnerable to cyberattacks and has cost companies $137,000.

     

  3. Over 500,000 Zoom user accounts were hacked and sold on the dark web.
    Since Zoom is the largest business video conferencing network, fraudsters have targeted its users and sold their data on the dark web. 

 

Data Breach Statistics

Following are the 2021 cybercrime data breach statistics:

 

  1. 11,762 cybersecurity violations were recorded From January 1, 2005, to May 31, 2020.Between 2005 to 2020, there have been 11,762 major security breaches, and the figure is likely to rise dramatically each year.

     

  2. The average time to detect a breach in 2020 was 207 days. CEO of Cisco John Chambers said: “There are two types of companies: those who have been hacked, and those who don’t yet know they have been hacked.”

     

  3. Small businesses are the target of 43% of cyberattacksAccording to Cyberint, Cybercriminals do not just target huge enterprises but also small firms. Regardless of the firm’s size, hackers will attempt to steal it if they have important information.

 

Cybersecurity Governance Statistics

Following are the 2021 Cybercrime governance statistics:

Only 16% of executives believe their companies are well prepared to cope with cyber danger.

Most sectors rely on technology to grow, including artificial intelligence (AI), advanced analytics, and the internet of things (IoT). Deploying these technological advances often increases risk, and many executives have difficulty keeping up with cyber risk management. Over 77% of organizations lack a cybersecurity risk management plan.

 

Healthcare Cybersecurity statistics

Following are the 2021 Cybercrime healthcare sector statistics:

 

  1. 89% of healthcare firms have experienced a security breach in the last two years.
    The healthcare sector is the most heavily targeted by cybercriminals. Patient health information appeals to cyber criminals because it contains valuable information about the patient’s full name, address, health card number, social insurance number, and financial information. 
  2. Healthcare cyberattacks cost the highest in any industry, incurring an average of $7.13 million. According to experts, sufficient security measures are necessary for the financial sector of healthcare industries in the coming years.

 

Cybersecurity Market Statistics

Since more and more devices have connected to the internet, the necessity for cybersecurity has grown at incredible speeds.

  1. The global cybersecurity industry was estimated at $156.24 billion
    According to Mordor Intelligence, The worldwide cybersecurity industry is estimated to be valued at $352.25 billion, with a 14.5% annual growth rate by 2026. 
  2. Cybercrime losses were predicted to reach $6 trillion by 2021According to Forbes, In 2021, 55% of business professionals intended to boost their cybersecurity budgets. As predicted, security agencies are the fastest-growing sector of the security industry, with a CAGR (compound annual growth rate) of 10.5 percent from 2020 to 2024.

 

Other Global Cybersecurity Statistics

  • The US president had set an $18.8 billion cybersecurity budget for 2021.
  • Iran has a large percentage of mobile devices infected with malware, at 52.68%.
  • According to the FinancesOnline report, India accounts for 37% of global data breaches regarding compromised or stolen records.
  • The highest cybersecurity expenditure countries in Europe are 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).
  • According to Comparitech’s 2020 survey, the countries with the highest cyber security scores are Denmark (6.72), Sweden (8.40), Germany (9.39), Ireland (9.40), and Japan (9.46).

 

Conclusion

An excellent cybersecurity system is the need of the hour to encounter cybercrime. Almost every corporate sector has been affected by these attacks. Due to the pandemic and remote work culture, cyberattacks have increased over time. Organizations with a safe cybersecurity culture ensure more employee protection. Experts are trying to fill the skill gap to work towards a more secure system.