Key Takeaways
- In 2023, the average number of weekly cyber attacks worldwide reached 2,465, marking a 10% increase from 2022.
- DDoS attacks surged by 57% in 2023 compared to the previous year, totaling over 8 million incidents.
- Ransomware attacks increased by 93% year-over-year in 2023, with 2,228 publicly disclosed incidents.
- Phishing remains the most common attack vector at 36% of breaches in 2023 per Verizon DBIR.
- Ransomware was involved in 24% of breaches analyzed in 2023.
- Use of stolen credentials caused 49% of web app breaches in 2023.
- The average cost of a data breach in 2023 was $4.45 million globally.
- Ransomware payments averaged $1.54 million per incident in 2023.
- Global cybercrime costs expected to hit $10.5 trillion annually by 2025.
- Healthcare was the most attacked industry with 19% of attacks in 2023.
- Financial services experienced 16% of all reported breaches.
- Retail sector saw 10% of phishing-related incidents.
- US was site of 46% of global breaches in 2023.
- Europe saw 25% of ransomware incidents worldwide.
- Asia-Pacific region experienced 20% increase in DDoS.
Cyber attacks grew sharply last year, becoming more frequent, costly, and severe.
Common Attack Vectors
- Phishing remains the most common attack vector at 36% of breaches in 2023 per Verizon DBIR.
- Ransomware was involved in 24% of breaches analyzed in 2023.
- Use of stolen credentials caused 49% of web app breaches in 2023.
- DDoS attacks made up 15% of all incidents reported in 2023.
- Malware was a factor in 16% of security incidents in 2023 DBIR.
- Vulnerability exploitation accounted for 29% of breaches in 2023.
- Social engineering tactics used in 22% of initial access vectors.
- SQL injection responsible for 23% of web hacks in 2023.
- Business email compromise (BEC) scams led to $2.9 billion losses via 21,000 incidents.
- Cross-site scripting (XSS) in 7% of application attacks in 2023.
- Remote services like VPNs exploited in 63% of intrusions post-COVID.
- Cloud misconfigurations caused 19% of breaches in 2023.
- Man-in-the-middle attacks rose 26% targeting mobile users.
- Zero-day vulnerabilities exploited in 56% of attacks by advanced groups.
- Account takeover via credential stuffing in 80% of identity attacks.
- Supply chain compromises affected 25% of large breaches.
- IoT botnets like Mirai variants in 40% of DDoS attacks.
- Cryptojacking scripts hidden in 99% of legitimate sites scanned.
- Deepfake phishing increased 3x in executive targeting.
- Fileless malware evaded detection in 77% of memory attacks.
- Lateral movement via SMB exploits in 34% of network breaches.
- Vishing (voice phishing) up 329% in 2023 incidents.
- DNS tunneling used in 15% of data exfiltration attempts.
- Insider threats via privilege abuse in 20% of incidents.
- Watering hole attacks on industry sites up 50%.
- Evil twin Wi-Fi hotspots in 28% of public network attacks.
Common Attack Vectors Interpretation
Financial Losses
- The average cost of a data breach in 2023 was $4.45 million globally.
- Ransomware payments averaged $1.54 million per incident in 2023.
- Global cybercrime costs expected to hit $10.5 trillion annually by 2025.
- BEC scams caused $2.9 billion in losses from 21,000 complaints in 2023.
- Healthcare data breaches cost $10.93 million on average in 2023.
- Financial services faced $5.9 million average breach cost in 2023.
- Lost business amounted to 36% of total breach costs at $1.6 million avg.
- Detection and escalation costs averaged $1.58 million per breach.
- Post-breach response costs hit $1.24 million on average.
- Notification costs per breach averaged $0.31 million in 2023.
- DDoS attacks cost businesses $52,000 per hour of downtime in 2023.
- Global ransomware demanded $1 billion in payments in first half 2023.
- Cyber insurance claims rose 50% costing $7 billion in 2023.
- IP theft losses estimated at $600 billion annually worldwide.
- Phishing attacks led to $52 million average organizational loss.
- Supply chain attack costs averaged $4.9 million per incident.
- Cloud breach costs $4.75 million vs. $4.35 million on-premise.
- Mega breaches (50M+ records) cost $101 million on average.
- Average downtime from ransomware was 24 days costing $1.85M.
- Customer PII exposure costs added $0.39 million per breach.
- 60% of SMEs fail within 6 months of cyber attack, costing billions.
- Dark web data sales from breaches generated $1.5 billion revenue.
- Fines and penalties averaged $4.95 million for non-compliant breaches.
- Reputation damage from breaches cost $1.5 million avg. in lost biz.
- Total global cybercrime damage $8 trillion in 2023.
- Healthcare industry saw $10.1 million avg. breach cost increase 53%.
- Energy sector breaches cost $4.84 million on average.
- Retail breach costs averaged $3.29 million in 2023.
- Public sector faced $2.67 million avg. per data breach.
- Manufacturing breaches cost $4.82 million average.
- 83% of breaches involved customer PII costing extra $0.39M.
Financial Losses Interpretation
Global Attack Volume
- In 2023, the average number of weekly cyber attacks worldwide reached 2,465, marking a 10% increase from 2022.
- DDoS attacks surged by 57% in 2023 compared to the previous year, totaling over 8 million incidents.
- Ransomware attacks increased by 93% year-over-year in 2023, with 2,228 publicly disclosed incidents.
- Phishing attacks accounted for 36% of all data breaches in 2023 according to the Verizon DBIR.
- Weekly malware attacks averaged 5.5 million globally in Q4 2023.
- In 2022, there were 1,802 ransomware attacks reported weekly worldwide.
- Global cyber attack attempts hit 2.9 billion in a single day in 2023.
- SQL injection attacks comprised 8% of web attacks in 2023.
- Botnet attacks increased by 70% in 2023, targeting 45% more organizations.
- Cross-site scripting (XSS) vulnerabilities led to 1,200 exploits per week in 2023.
- Global DDoS attack duration averaged 10 hours per incident in 2023.
- Ransomware victims paid an average of $1.54 million in 2023.
- 83% of organizations experienced more than one cyber attack in 2023.
- Weekly cyber threats blocked reached 1.5 billion in 2023 by major firewalls.
- Multi-vector attacks rose 28% in 2023, combining DDoS and malware.
- Global phishing emails sent daily exceeded 3.4 billion in 2023.
- Zero-day exploits used in 25% of advanced persistent threats in 2023.
- Supply chain attacks impacted 61% of organizations in 2023 surveys.
- Mobile malware samples grew to 12.7 million unique in 2023.
- Global cyber attack costs projected to reach $10.5 trillion annually by 2025.
- 300,000 new malware variants detected daily in 2023.
- DDoS attacks peaked at 3.8 Tbps in volume during 2023.
- 94% of malware delivered via email in 2023.
- Global intrusions detected rose 42% in 2023.
- Phishing sites active numbered over 1 million daily in 2023.
- Ransomware groups active increased to 150 in 2023.
- API attacks surged 681% in 2023.
- Global password attacks hit 815 billion attempts in 2023.
- Cryptojacking incidents doubled to 80 million in 2023.
Global Attack Volume Interpretation
Industry Impacts
- Healthcare was the most attacked industry with 19% of attacks in 2023.
- Financial services experienced 16% of all reported breaches.
- Retail sector saw 10% of phishing-related incidents.
- Manufacturing faced 23% of ransomware attacks in 2023.
- Government entities hit by 14% of DDoS attacks.
- Education/research sector had 18% breach rate involving insiders.
- Healthcare ransomware hit rate 67% of organizations.
- Critical infrastructure targeted in 25% of nation-state attacks.
- Tech sector accounted for 12% of supply chain compromises.
- Energy/utilities saw 20% increase in intrusions.
- Transportation industry faced 15% of IoT attacks.
- Professional services had 11% of BEC scams.
- Media/entertainment DDoS targeted 22% more in elections.
- Pharma/chemicals vulnerable to IP theft in 30% cases.
- Hospitality sector phishing success rate 14% higher.
- Construction/engineering saw 17% malware incidents.
- Telecom providers blocked 40% of global attacks.
- Insurance faced highest breach costs at $5.9M avg.
- Aerospace/defense targeted by 28% APT groups.
- Wholesale trade had 9% of vulnerability exploits.
- US healthcare providers suffered 689 breaches in 2023.
- Finance sector lost $12.5B to cyber fraud in 2023.
- Gaming industry DDoS attacks up 200% during peaks.
- Legal services saw 13% insider threat incidents.
- Automotive supply chain attacks impacted 45% firms.
Industry Impacts Interpretation
Regional Statistics
- US was site of 46% of global breaches in 2023.
- Europe saw 25% of ransomware incidents worldwide.
- Asia-Pacific region experienced 20% increase in DDoS.
- India faced 1.6 million cyber attacks weekly in 2023.
- UK reported 2,558 incidents to NCSC in last quarter 2023.
- Australia saw 76,000 cyber incidents in 2023.
- Brazil had 2.62 billion attacks in first half 2023.
- Middle East DDoS attacks up 30% targeting finance.
- Canada reported 15% rise in phishing to 35,000 cases.
- Germany faced 80,000 attacks daily on infrastructure.
- China blocked 59 million DDoS attacks in 2023.
- Africa saw 15% of global BEC scams originating.
- Japan experienced 6,452 cyber incidents in 2023.
- Russia hosted 60% of top malware C2 servers.
- Latin America ransomware victims up 50%.
- France CERT reported 800 major incidents in 2023.
- South Korea blocked 1.4 billion attacks in 2023.
- Eastern Europe origin of 35% global phishing kits.
- Mexico saw 400% rise in ransomware since 2020.
- Netherlands 30% of EU cloud breaches.
- UAE blocked 800 million attacks in 2023.
- Singapore reported 1,663 incidents, up 20%.
- Nigeria origin of 10% BEC complaints to FBI.
- Italy faced 4,800 attacks on public admin.
- Sweden CERT-SE handled 100,000 alerts.
- Saudi Arabia telecom attacks up 200%.
Regional Statistics Interpretation
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