Information Security Statistics: Facts and Figures
IT industry has evolved a lot from presenting complex architectures aimed at solving industrial challenges to introducing smart solutions that made technology closer to the end-user.
Now, it’s all the digital trend driven by smart systems and innovation.
Alongside IT developments continued the rise of security threats, posing severe challenges to the ever-changing technology trends.
Threats have emerged to the level concerning the world of cybersecurity and causing trillions worth losses to the companies.
Here are some shocking ‘Statistics: Facts and Figures’ that make the ‘Information Security’ the dire need of the hour, globally.
Cybersecurity Facts and Statistics
USD 6 trillion
Estimated annual losses through cybercrimes by 2021
76%
Anticipated rise in rate of cybercrime breaches by 2024
USD 2.9 million
Per minute cost of cybercrimes to the global economy
USD 25
Amount that top companies pay per minute due to cyber breaches
USD 2.61 million
Costs that malware attacks resulted in 2018
USD 2.27 million
Costs that web-based attacks resulted in 2018
USD 630 million
Worth of personal data in underground economy, as of 2019
USD 17.4 billion
US budgetary allocation for cybersecurity-related activities for FY 2020
> USD 1 trillion
Estimated global spending on cybersecurity products and services
>USD 26 billion
Losses due to Business Email Compromise/Email Account Compromise (BEC/EAC) scams between June 2016 and July 2019
15%
Firms notified by third-party vendor upon a breach incident in 2019
70%
Of cryptocurrency transactions will involve illegal activities by 2021
USD 10 billion
Estimated size of cybersecurity awareness training market by 2027
USD 3.25+ billion
Social media attacks contribution to global cybercrime economy per year
4.1 billion
No. of records exposed via data breaches in 1st half of 2019
46%
Share of bitcoin transactions per year in cybercrime economy
85%
Organizations report phishing, social engineering attacks in 2019
76%
Organizations report biggest security threats from ‘within’
100X
Estimated rise in amount of data stored on cloud by 2021
96%
Organizations believe email phishing scam as top security threat
> 25%
Malware attacks targeted banking and financial services in 2018
60
Most preferred age group for cybercrime against individuals
These statistics show the severity of cybercrimes, globally, to the ever-sensitive information. Wait no more! Its time you decide upon choosing your strategic information security services provider.