Security breaches in 2019 were 11% higher than in 2018. To illustrate the problem, I’ve compiled this list of the scariest cybersecurity statistics of 2019. (Forbes) 2. Another rather shocking statistic concerning phishing is the fact that 30% of all phishing emails are opened by the recipients they were intended for, as reported by Verizon. Just like many businesses and homes have alarm systems to protect from intruders, the same prevention is necessary to ward off cybercrime. As phishing attempts, malware, identity theft, and huge data breaches increase daily, the world is looking at an epidemic that will only be solved with world-wide action. The majority of the 4.1 billion exposed records, or around 3.2 billion, were exposed in just 8 of these events. Cybersecurity frameworks provide the structure and methodology you need to protect your important digital assets. Nic’s work explores technology innovations within the mobile marketplace, and their impact upon security. The United States is one of the countries with the highest commitment to cybersecurity, based on the Global Cyber Security Index.In 2019, government … Cyber crime and cyber security questions . With that being said, the potential targets of these cyber crimes have also changed. All in all the cyberattacks dropped by 11%, which is a good indicator of how companies are handling their cybersecurity. 52% of data breaches involve hacking. Let’s dig into what cybersecurity is and why it’s so important. By the end of 2020, security services are expected to account for 50% of cybersecurity budgets. The frequency of cyber attacks, in general, is set to rise to 11 seconds in 2021 , up from 14 seconds in 2019. Source: Consumers in the Crosshairs (Black Hat USA) Freedom of Information | Released on 13 November 2019 Prosecutions and sentences for cyber crime. Capgemini company found that different telecom industry has the highest reported incidence of losses that exceed $50 M and makes AI a priority for preventing costly braches in the industry. This is further reinstated by Cybint, which states that almost 60%  of companies have experienced cybercrime in the form of phishing or social engineering attacks, to name a few. In retrospect, these infected emails fall under the category of spear-phishing since the emails are designed in such a way to target particular names, job titles, and companies rather than the generalized approach most phishing attacks take to cater to as many naïve email users as possible. 11. The cyber-threat scene is ever-changing. Advancements in technology led to the creation of Bitcoin, which rendered a system that enabled the exchange of digital currency, with the added perk of making those transactions with anonymity. The $100 million Hull McKnight Georgia Cyber Center (GCC) for Innovation and Training in Augusta, Georgia, marks the single-largest investment in a cybersecurity facility by a state government. In 2019, the frequency, sophistication, and cost of cyber attacks have hit a fever pitch. 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. More than 76 percent of cyber attacks are financially motivated. The first steps are staying educated on current threats and investing in device security. (Oath.com)Click To Tweet 2. Here are ten cybersecurity statistics that emphasize on the importance of being safe, for 2019. The, says it best: “Our daily life, economic vitality, and national security depend on a stable, safe, and resilient cyberspace.”, Black hat hackers pose the largest threat to digital networks and systems. Computer Weekly) The total cost of a successful cyber attack is over $5 million, or $301 per employee. In most instances, the goal of the phishing scam is to collect confidential data such as usernames, passwords, amongst other crucial data. Cyber Security Statistics: Key Takeaways. And it’s trying to hit as many targets as possible. The survey, found here, found that 98% of our UK businesses are dependent on online services.Whilst this is no surprise in a time where the typewriter is a distant memory, it highlights the key fact that almost all of UK businesses are susceptible to a cyber attack. As mentioned before, malware and other cybersecurity attacks are becoming smarter (hence dangerous) with each passing day. (, The most expensive component of a cyber attack is information loss, which represents 43 percent of costs. 7. Emails were exposed in 70% of the cases, while passwords were leaked in 65% of the breaches. Cybersecurity methods protect against the multitudes of digital threats that come to individuals and businesses. Use the statistics we’ve shared to plan how you will prevent the growing number of threats in 2020. The UK cyber security industry is reported to have gained 44% in number of companies from 2018 to 2019. (Varonis) Cyber crime statistics by year reflect that the instances of security breaches have risen by 11% since 2018 and 69% since 2015. The research informs Government policy on cyber security and how Government works with industry to make Britain one of the most secure places to do business online. The 2019 U.S. President’s budget includes $15 billion for cybersecurity, a … Moreover, with each passing day, new and advanced types of malware, including trojans, backdoors, and crypto miners are being deployed to target computers and mobile devices to cause more harm then seen before. Cyber security stats reveal that there were almost 145 million new malware samples in 2019. (, The total cost of a successful cyber attack is over $5 million, or $301 per employee. The world of digital security is continuously changing and evolving, making it important to understand the current landscape to protect your devices from malware. One of the most startling cyber security statistics of 2019 is how organizations and security leaders self-assess the their own level of risk. The list is current as of July 2019. Cybercrime is estimated to be a $1.5 trillion industry, with some countries now basing their economy around cybercrime. Freedom of Information | Released on 5 April 2019 Internet use and cyber crime 2006 to 2017 . According to a recent article in Forbes, analysts predict that the landscape for cybersecurity is going to change substantially in 2019 , with both the manner of attack and defense becoming smarter. Kickstart your IT cybersecurity strategy with this free introductory eBook on best practices, common threats, and security frameworks! According to cyber security statistics 75% of users expect the number of attacks targeting money or data to grow in 2020. Research and advisory Company Gartner has forecast the worldwide spend on IT Security products is excepted to exceed $124 Billion in 2019 – that’s an estimated increase of 8.7% from the previous year (source). According to Juniper research the amount in 2019 was $2 trillion. 1. Find out which framework best suits your needs! It makes sense: it’s lucrative. According to Cybersecurity Ventures, who cited Gartner, Inc., the cybersecurity market is expected to grow to $124 billion by 2020, and then to a whopping $170.4 billion by 2022. (, Malware and web-based attacks are the two most costly attack types — companies spent an average of US $2.4 million in defense. We use cookies to ensure that we give you the best experience on our website. Protect your fleet with Prey's reactive security. Unlike other industries, the cybersecurity market thrives in response to cybercrimes, which are rapidly increasing, partially due to the continuous advancements being made in technology. This revelation implies that up to this point, the gross amount of cybercrimes in the U.S has been misinterpreted. Perhaps, more alarming is the fact that 60% of these small companies go out of business after they are hit with a cyber-attack! Understanding the state of cybersecurity is important to protect yourself, your family, and your businesses from digital threats. With that being said, it’s always better to stay in the loop regarding any changes within the cybersecurity realms, instead of being on the receiving end of any security threat. Often considered to be the epicenter of all technological growths, this next statistic comes as a surprise. Explained. … (, More than 4,000 ransomware attacks occur every day. Released 3 April 2019 It’s almost like there’s a malware machine gun somewhere that’s constantly firing. Need help taking the first steps towards securing your devices? The significant growth and dominant share of … Here are the 2019 cybersecurity statistics that scare me right now: 1. Let’s dig into what cybersecurity is and why it’s so important. PwC Cyber Security 32 Glossary 33 PwC | Cyber Threats 2019: A Year in Retrospect | 3 Introduction 2018 marked a year of audacity, with nation states becoming more brazen in their attacks and intelligence agencies around the world calling out other governments’ cyber activity. More than 50% of telecommunication companies are of the view that AI helps to recognize various threat attacks. The primary reason behind this staggering increase is the fact that as the cybersecurity climate faces an increasing number of attacks, companies flock to cybersecurity providers in an attempt to prevent monetary losses, along with minimizing the possibility of losing any confidential data. If you continue to use this site we will assume that you are happy with it. 86% of UK businesses experience a phishing attack in 2020. As cyber-attacks and data breaches become increasingly common, it’s more important than ever to protect your business and personal devices from growing threats. (, 91% of cyberattacks begin with a spear-phishing email, which is commonly used to infect organizations with ransomware.. (, In a survey of over 1,300 IT decision-makers, 56% of organizations identified targeted phishing attacks as their biggest current cybersecurity threat. Are we experiencing a change in trends and methods of attack too? (, It is estimated there will be a ransomware attack on businesses every 14 seconds by the end of 2019, up from every 40 seconds in 2016. (Source: Weforum) Considering that data equals money in the modern world, it’s safe … (, By 2020, the number of passwords used by humans and machines worldwide is estimated to grow to 300 billion. Freedom of Information | Released on 28 February 2020 Cyber crime in the UK . As there are more threats rotating online, companies are investing a lot in cyber security and in giving training to employees, mainly regarding online scams and ransomware attacks. According to Symantec, 43% of all cyberattacks target small businesses and organizations. Understanding the state of cybersecurity is important to protect yourself, your family, and your businesses from digital threats. Key statistics on the fraud and cyber crimes reported to Action Fraud are now available in a configurable, ... 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