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. Data breaches exposed 4.1 billion records in the first half of 2019. The damage related to cybercrime is projected to hit $6 trillion annually by 2021, according to Cybersecurity Ventures. Data breaches expose sensitive information that often leaves users at risk for identity theft, ruin companies’ reputations and leave the company liable for compliance violations. The growth of large-scale breaches represents us a growing trend of security violations both in numbers and their severity. 53% of companies had over 1,000 sensitive files open to every employee. (, Legal advice and teams cost UK FTSE 350 companies about 40% of their GDPR budget or $2.4 million. Coronavirus blamed for 238% rise in attacks on banks; 80% of firms have seen an increase in cyberattacks; 27% of attacks target banks or healthcare; Cloud based attacks rose 630% between January and April 2020; Phishing attempts rose 600% since end of February Use the menu below to jump to a relevant section: 11 Impactful Cybersecurity Facts and Stats, There are many important facets to cybersecurity, which are covered in greater detail below. Attacks will quadruple by 2020. (Ponemon Institute), Hackers attack every 39 seconds, on average 2,244 times a day. To keep your organization out of this experience, it’s important to understand the most common causes of data breaches. (, The estimated losses in 2019 for the healthcare industry are $25 billion. The dark web’s customers may find almost everything there. The truth is that 80% of data breaches can be prevented with basic actions, such as vulnerability assessments, patching, and proper configurations (read more about Cyber Observer’s Continuous Tools Status here). 28. (, 17% of all sensitive files were accessible to all employees. (, In companies with over 50k compromised records, the average cost of a data breach is $6.3 million. A: On average, hackers attack 2,244 times a day. (, 62% of businesses experienced phishing and social engineering attacks in 2018. (, In 2017, 147.9 million consumers were affected by the Equifax Breach. According to the Cyber Security mid-year snapshot’19 report, Cybersecurity budgets have increased by almost 60%. Keeping data classification and governance up to par is instrumental to maintaining compliance with data privacy legislation like HIPAA, SOX, ISO 27001 and more. The government, retail, and tech sectors are victims in 95% of attacks. 68% of black hat hackers say multi-factor authentication and encryption are the biggest hacker obstacles. In 2020, out of the countries in Central and Eastern Europe, Belarus has reported the highest share of financial malware attacks and attacks by cryptominers. (, Businesses spent $1.3 million on average to meet compliance requirements and are expected to put in an additional $1.8 million. Data breaches expose sensitive information that often leave exposed users at risk for identity theft, ruin companies’ reputations and almost always leave the company liable for compliance violations. Interested in entering the field? (, 88% companies spent more than $1 million on preparing for the GDPR. By the end of 2020, security services are expected to account for 50% of cybersecurity budgets. (, 71% of breaches were financially motivated and 25% were motivated by espionage. (, Data breaches exposed 4.1 billion records in the first half of 2019. Cyber Espionage accounts grows to 11.4% from 9.6% in Auguest. (Purple Sec) Hackers attack people worldwide roughly every half a minute. (, Hackers attack every 39 seconds, on average 2,244 times a day. Thankfully the light side has some tricks prepared to change the cyber attacks statistics in 2020. (, The banking industry incurred the most cybercrime costs in 2018 at $18.3 million  (, Smaller organizations (1–250 employees) have the highest targeted malicious email rate at 1 in 323. But really, no one is safe because lower-risk industries are also targeted due to the perception that they’ll have fewer security measures in place. Interested in entering the field? Below is a visual guide of some of the most important facts and figures that shape the cybersecurity field. 101 Impressive Cybersecurity Statistics: 2020 Data & Market Analysis. Compliance & Regulation, Data Security, IT Pros, Watch: Varonis ReConnect! Varonis recently discovered the. It’s crucial to properly set permissions on files and get rid of stale data. (, When it comes to cybersecurity, not all industries are created equal. Cybersecurity issues are becoming a day-to-day struggle for businesses. suggests that most companies have unprotected data and poor cybersecurity practices in place, making them vulnerable to data loss. (, Uber tried to pay off hackers to delete the stolen data of 57 million users and keep the breach quiet. (Varonis) Business cyber security statistics point out that, in 95% of cases, the victims of cyber attacks are companies working in the government, retail, or tech sectors. (, Weak and Stolen Credentials, a.k.a. 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. Live Cyber Attack Lab Watch our IR team detect & respond to a rogue insider trying to steal data! Mostly, cyberattacks include: Finance and Healthcare are the most popular targets among hackers. (, 3.9 million is the average cost of a data breach. during a cryptojacking investigation that secretly plagued a company for over a year. (, Most malicious domains, about 60%, are associated with spam campaigns. Varonis recently discovered the Monero cryptojacking malware during a cryptojacking investigation that secretly plagued a company for over a year. (, Supply chain attacks are up 78% in 2019. (, 52% of breaches featured hacking, 28% involved malware and 32–33% included phishing or social engineering, respectively. The change was not gradual but happened seemingly overnight. (, 34% of data breaches involved internal actors. Recent trends and cybersecurity statistics reveal a huge increase in hacked and breached data from sources that are increasingly common in the workplace, like mobile and IoT devices. (. A survey detailing business and charity action on cyber security, and the costs and impacts of cyber breaches and attacks. 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: There were more than 1.76 billion records leaked in January 2020 alone. To put it simply – life on earth has gone online. A: The most common cyber attack methods include phishing/spear-phishing, rootkit, SQL injection attacks, DDoS attacks, and malware like Trojan horse, adware and spyware. The average cost of a malware attack on a company is $2.6 million. But really, no one is safe because lower-risk industries are also targeted due to the perception that they’ll have fewer security measures in place. The $6 Trillion Cybercrime Problem Average expenditures on cybercrime are increasing dramatically, and costs associated with these crimes can be crippling to companies who have not made cybersecurity part of their regular budget. (Uber) 3. For more in-depth security insights check out our cybersecurity whitepapers. Data breaches expose sensitive information that often leave exposed users at risk for identity theft. Americans are more worried about being a victim of cybercrime than being a victim of violent crime. With the threat landscape always changing, it’s important to understand how cyber attacks are evolving and … It put their business: reputation, customers and partners at high risk. (, Trojan horse virus Ramnit largely affected the financial sector in 2017, accounting for 53% of attacks. It has been predicted that in 2020, thirty percent of successful cyber attacks will be on the shadow IT resources of organizations. Now is the time as the job field and, is only projected to grow. Take a look at how data breaches have progressed and how dangerous they are today. A: On average, hackers attack 2,244 times a day. The growth is driven by the rise of cybercrime, so this industry is likely to h… (, By 2021, it’s projected that there will be 3.5 million unfilled cybersecurity jobs globally. (IBM), The average lifecycle of a breach lasted almost 11 months (from the breach to containment). In the 2019 DBIR, 94% of malware was delivered by email. (, On average, every employee had access to 17 million files. (, The cybersecurity unemployment rate is 0% and is projected to remain there through 2021. Now is the time as the job field and average salary is only projected to grow. (, The United States and the Middle East spend the most on post-data breach response. To improve and raise your Cybersecurity posture and awareness you don’t need to invest endlessly in new security tools. (, 52% of breaches featured hacking, 28% involved malware and 32–33% included phishing or social engineering, respectively. (, Cybersecurity Compliance and Governance Statistics, With new threats emerging every day, the risks of not securing files is more dangerous than ever, especially for companies. JavaScript chart by amCharts 3.21.15. (, About 20% of malicious domains are very new and used around 1 week after they are registered. (, In 2016, Uber reported that hackers stole the information of over 57 million riders and drivers. Cyber Security Statistics: Key Takeaways Don’t put your business reputation on stake. (, Ponemon Institute’s Cost of Data Breach Study, Gandcab 5 requires that victims pay $2,499 for the decryption key. (, The banking industry incurred the most cybercrime costs in 2018 at $18.3 million (Ponemon Institute), The estimated losses in 2019 for the healthcare industry are $25 billion. and education are some of the best ways to decrease risk. (, Lifestyle (15%), and Entertainment (7%) were the most frequently seen categories of malicious apps. (, 61% of companies think their cybersecurity applicants aren’t qualified. Some of these most common attacks include, There are new malware and viruses being discovered every day. Choose a Session, Inside Out Security Blog » Data Security » 110 Must-Know Cybersecurity Statistics for 2020. More severe consequences are being enforced as stricter legislation passes in regions across the world. . (, 500 million consumers, dating back to 2014, had their information compromised in the Marriott-Starwood data breach made public in 2018. Additionally, recent security research suggests that most companies have unprotected data and poor cybersecurity practices in place, making them vulnerable to data loss. (, Ransomware detections have been more dominant in countries with higher numbers of internet-connected populations. Cybersecurity budgeting has been increasing steadily as more decision-makers are realizing the value and importance of cybersecurity investments. This is why we thought it might be cool (and potentially painful) to see the progression of cyber attack statistics over the last decade. Try a free risk assessment to see where your vulnerabilities lie. Although the reality is challenging, and a future is not promising to be better in terms of cybersecurity threats and malicious attacks, we are here to address your challenges and to help you realize your cybersecurity status, its capabilities and provide you recommendations for improving overall cybersecurity. Additionally, SMBs were widely targeted in 2019 due to the perception that they possess fewer security capabilities in place. Passwords, Security breaches have increased by 11% since 2018 and 67% since 2014. Best of luck, it may be necessary to come up with creative. 32% of breaches involved phishing — phishing awareness and education are some of the best ways to decrease risk. (, Largest Data Breaches and Hacking Statistics. (, The average lifecycle of a breach was 314 days (from the breach to containment). This involves taking easy-to-guess passwords and going through a list of usernames until the right combination gives access to an account. The numbers are alarming. 82% of employers report a shortage of cybersecurity skills. 6. Almost everything is different now, from the way we conduct relationships, The United States ranks highest with 18.2% of all ransomware attacks. Average expenditures on cybercrime are increasing dramatically, and costs associated with these crimes can be crippling to companies who have not made cybersecurity part of their regular budget. professionals continues to rise along with the rates of attacks and increases in cybersecurity budgets. Automated Risk Reduction, Threat Update #17 – Automated Threat Responses, © 2020 Inside Out Security | Policies | Certifications, "It's the threats you don't see coming that get you, and this was an eye opener.". (, Since the GDPR was enacted, 31% of consumers feel their overall experience with companies has improved. Here’s your list of 122 of the most current cybersecurity industry, cyber attack, and data breach statistics for 2020 and beyond (, 15% of companies found 1,000,000+ files open to every employee. (, 43% of breach victims were small and medium businesses. 12. Cyber attacks continue to grow in both numbers and ferocity — 2019 was just a sign of the things to come. (, Only 5% of companies’ folders are properly protected, on average. The number of cyber attacks is now more than five times the number directed at the Organization in the same period last year. 43% of breach victims were small businesses. The largest insider attack occurred from 1976 to 2006 when Greg Chung of Boeing stole $2 billion worth of aerospace docs and gave them to China (NBC)Click To Tweet 3. (, Phishing levels declined, dropping from 1 in 2,995 emails in 2017, to 1 in 3,207 emails in 2018. We focus on cyber attacks on government agencies, defense and high tech companies, or economic crimes with losses of more than a million dollars. (, 1 in 36 mobile devices had high risk apps installed. Global spending on cybersecurity is set to rise to $42 billion by the end of 2020. September 2020 Motivations | amCharts. (. To learn more about a variety of cybersecurity topics, drop in for a free security webinar! (, Healthcare had the highest data breach costs at $429 per record. (, WannaCry ransomware attack cost the National Health Service (NHS) over $100 million. 99% of attack vectors in 2020 are known to cybersecurity professionals. 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