(, In 2016, Uber reported that hackers stole the information of over 57 million riders and drivers and forced to pay them $100,000. (, By December 2018, only 50% of companies believed they were GDPR compliant. This involves taking easy-to-guess passwords and going through a list of usernames until the right combination gives access to an account. 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. (, 69% of organizations don’t believe the threats they’re seeing can be blocked by their anti-virus software. Top cybersecurity facts, figures and statistics for 2020 From malware trends to budget shifts, we have the latest figures that quantify the state of the industry. (, The average time to identify a breach in 2019 was 206 days. (, About 20% of malicious domains are very new and used around 1 week after they are registered. (, Supply chain attacks are up 78% in 2019. Looking for cybersecurity talent? (, Legal advice and teams cost UK FTSE 350 companies about 40% of their GDPR budget or $2.4 million. A lot of people think about cybersecurity as something pretty basic: choose a good password, and beyond that it’s really a term for … 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). More severe consequences are being enforced as stricter legislation passes in regions across the world. Cyber Espionage is back to values similar to April and grows to 10.7% from 9.8%. According to the Cyber Security mid-year snapshot’19 report, Cybersecurity budgets have increased by almost 60%. (, While overall ransomware infections were down 52%, enterprise infections were up by 12% in 2018. The change was not gradual but happened seemingly overnight. (, In 2018, an average of 10,573 malicious mobile apps were blocked per day. The demand for cybersecurity professionals continues to rise along with the rates of attacks and increases in cybersecurity budgets. (Purple Sec) Hackers attack people worldwide roughly every half a minute. (, 56% of Americans don’t know what steps to take in the event of a data breach. Hackers seem to … (, The total cost of cybercrime for each company increased by 12% from $11.7 million in 2017 to $13.0 million in 2018. Rob Sobers is a software engineer specializing in web security and is the co-author of the book Learn Ruby the Hard Way. (, The average lifecycle of a breach was 314 days (from the breach to containment). (, The Equifax breach cost the company over $4 billion in total. (, 88% companies spent more than $1 million on preparing for the GDPR. (, Ransomware detections have been more dominant in countries with higher numbers of internet-connected populations. (, In the GDPR’s first year, there were 144,000 complaints filed with various GDPR enforcement agencies and 89,000 data breaches recorded. In fact, this survey, the fifth in the series, shows that cyber attacks have evolved and become more frequent. The dark web’s customers may find almost everything there. 28. ... from breaches or attacks in 2020 than in 2017 (72% vs. 57%). 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.". Online threats have risen by as much as six-times their usual levels over the past four weeks as the COVID-19 pandemic provides new ballast for cyber-attacks, according to Cloudflare.. (. Hacktivism accounts for 2.1% (in May it was … (, Uber tried to pay off hackers to delete the stolen data of 57 million users and keep the breach quiet. This is why we thought it might be cool (and potentially painful) to see the progression of cyber attack statistics over the last decade. Cyber crime statistics by year reflect that the instances of security breaches have risen by 11% since 2018 and 69% since 2015. In 2019, the average cost of a cyber attack was 3.92 million, and the average cost per record stolen was $141. (Cybercrime Magazine) With annual growth of 12%, sales of cybersecurity products and services are expected to top $124 billion by the end of the year. (, The average cost of a malware attack on a company is $2.6 million. . Take a free 30-minute demo and see how Varonis can help keep your organization’s name out of data breach news. 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. 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 However, in countries like the US, the average cost of an individual record jumps to around $225. With new threats emerging every day, the risks of not securing files is more dangerous than ever, especially for companies. The government, retail, and tech sectors are victims in 95% of attacks. Attacks will quadruple by 2020. Ransomware attacks, data breach, & patient privacy are security concerns that providers should consider. (, The cybersecurity unemployment rate is 0% and is projected to remain there through 2021. Download the Full Incidents List Below is a summary of incidents from over the last year. September 2020 Motivations | amCharts. Industries that store valuable information like healthcare and finance are usually bigger targets for hackers who want to steal Social Security numbers, medical records and other personal data. (, Most malicious domains, about 60%, are associated with spam campaigns. There’s no question that the situation with cybercrime is dire. (, 500 million consumers, dating back to 2014, had their information compromised in the Marriott-Starwood data breach made public in 2018. (Ponemon Institute), Hackers attack every 39 seconds, on average 2,244 times a day. (, Equifax was found liable for their 2017 breach and was fined $425 million by the Federal Trade Commission (FTC) in 2019. (, 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. To keep your organization out of this experience, it’s important to understand the most common causes of data breaches. JavaScript chart by amCharts 3.21.15. (, Businesses spent $1.3 million on average to meet compliance requirements and are expected to put in an additional $1.8 million. , making company-wide changes and improving overall security behavior, it’s possible to protect your business from most data breaches. (, The most expensive component of a cyber-attack is information loss at $5.9 million. Cyber Security Statistics in Australia 2020: Beyond the Figures of Cyber Crime We’ve done the research for you after reading dozens of reports, statistics, and resources here in Australia and abroad. (, In companies with over 50k compromised records, the average cost of a data breach is $6.3 million. Additionally, cyber attacks statistics show that 43% of breach victims were small businesses. Below are some of the most frequently asked questions about cybersecurity with answers supported by cybersecurity statistics and facts. Even though the Equifax breach was in 2017, the company is still paying off the $4 billion in total. (, 68% of business leaders feel their cybersecurity risks are increasing. 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. (, By 2021, it’s projected that there will be 3.5 million unfilled cybersecurity jobs globally. Cybersecurity issues are becoming a day-to-day struggle for businesses. (, Ponemon Institute’s Cost of Data Breach Study, Gandcab 5 requires that victims pay $2,499 for the decryption key. (, Since 2016, the demand for Data Protection Officers (DPOs) has skyrocketed and risen over 700%, due to the GDPR demands. 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. In 2017, 412 million user accounts were stolen from Friendfinder’s sites. (, 60% of cybersecurity professionals aren’t satisfied with their current job. $3.9 million is the average cost of a data breach. (, Symantec 2019 Internet Security Threat Report, Verizon’s 2019 Data Breach Investigations Report, World Economic Forum’s 2019 Global Risk Report, There’s no question that the situation with cybercrime is dire. has been increasing steadily as more executives and decision-makers are realizing the value and importance of cybersecurity investments. CYBER ATTACK TRENDS: 2020 MID-YEAR REPORT July 22, 2020 In the past six months, the way we live and work has changed beyond recognition. Additionally, SMBs were widely targeted in 2019 due to the perception that they possess fewer security capabilities in place. (, Supply chain attacks are up 78% in 2019. 82% of employers report a shortage of cybersecurity skills. Q: What Are the Most Common Types of Cyber Attacks? Here we wanted to include statistics that give a good idea of the cybersecurity field as a whole, along with the overall impact of cyber attacks. In 2016, 3 billion Yahoo accounts were hacked in one of the biggest breaches of all time. (, 64% of Americans have never checked to see if they were affected by a data breach. Interested in entering the field? (, 83% of enterprise workloads will move to the cloud by the year 2020. , as more iterations are expected to pass across the globe in the coming years. It’s crucial to have a grasp of the general landscape of metrics surrounding cybersecurity issues, including what the most common types of attacks are and where they come from. For more in-depth security insights check out our cybersecurity whitepapers. 32% of breaches involved phishing —. Some stand-outs from recent years include the European Union’s 2018, General Data Protection Regulation (GDPR). (, The financial services industry takes in the highest cost from cybercrime at an average of $18.3 million per company surveyed. 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. (, $3.9 million is the average cost of a data breach. (, On average, every employee had access to 17 million files. Take a look at how data breaches have progressed and how dangerous they are 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). Read the latest Healthcare Cybersecurity Statistics 2020. 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. (, Ransomware detections have been more dominant in countries with higher numbers of internet-connected populations. (, The average cost of a malware attack on a company is $2.6 million. Varonis recently discovered the Monero cryptojacking malware during a cryptojacking investigation that secretly plagued a company for over a year. 32% of breaches involved phishing — phishing awareness and education are some of the best ways to decrease risk. 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