Key Takeaways
- In 2023, global cyber attacks increased by 30% year-over-year, reaching over 2,200 attacks per organization on average.
- The manufacturing sector faced 25% more cyber attacks in 2023 compared to 2022, with DDoS attacks comprising 40% of incidents.
- Financial services experienced 1,862 cyber attacks per week in Q1 2024.
- The average data breach cost organizations $4.45 million in 2023, up 15% from 2020.
- 82% of data breaches involved human elements like phishing in 2023.
- Healthcare data breaches exposed 112 million records in 2023.
- Global ransomware payments reached $1.1 billion in 2023.
- 75% of organizations hit by ransomware in 2023 paid the ransom.
- Healthcare ransomware attacks increased 74% in 2023.
- Phishing emails rose 58% to 3.4 billion daily in 2023.
- 36% of data breaches started with phishing in 2023 DBIR.
- 91% of cyberattacks begin with phishing email.
- Global cybersecurity spending reached $188 billion in 2023.
- Endpoint security market grew to $15.8 billion in 2023.
- 14.6% CAGR projected for cybersecurity to 2030.
Cyberattacks surged globally across all sectors in 2023.
Cyber Attacks
- In 2023, global cyber attacks increased by 30% year-over-year, reaching over 2,200 attacks per organization on average.
- The manufacturing sector faced 25% more cyber attacks in 2023 compared to 2022, with DDoS attacks comprising 40% of incidents.
- Financial services experienced 1,862 cyber attacks per week in Q1 2024.
- 83% of organizations reported experiencing at least one cyber attack in the last year as per 2023 surveys.
- DDoS attacks surged by 200% in the gaming industry during 2023.
- Healthcare sector saw a 45% rise in cyber attacks, averaging 1,500 incidents per month globally.
- In 2022, there were 2,365 publicly disclosed cyber attacks on critical infrastructure.
- Retail organizations faced 300% more web application attacks in 2023 than in 2021.
- Energy sector reported 1,200 cyber incidents in 2023, up 15% from prior year.
- Education sector endured 2,000+ cyber attacks weekly in 2023.
- Government entities faced 28,000 cyber attacks daily in 2023 across the US.
- Telecom sector saw a 35% increase in supply chain cyber attacks in 2023.
- In Q4 2023, botnet attacks hit 1.5 million per day worldwide.
- Hospitality industry reported 900 cyber attacks per month on average in 2023.
- Transportation sector experienced 1,100 ransomware-related attacks in 2023.
- In 2023, 68% of cyber attacks targeted cloud infrastructure.
- SMBs faced 43% of all cyber attacks in 2023, despite being 99% of businesses.
- APAC region saw 1,500 cyber attacks per organization annually in 2023.
- EMEA cyber attacks grew 25% to 12,000 incidents per week in 2023.
- Latin America reported 800 cyber attacks daily on enterprises in 2023.
- North America accounted for 40% of global cyber attacks in 2023.
- Mobile apps faced 500 million cyber attack attempts in 2023.
- APIs were involved in 94% of web cyber attacks in 2023.
- Zero-day exploits used in 20% of successful cyber attacks in 2023.
- Insider threats contributed to 19% of cyber attacks in 2023.
- State-sponsored cyber attacks numbered 300+ in 2023.
- 2023 saw 5,200 cyber attacks on elections worldwide.
- Cryptomining malware attacks hit 4 million endpoints in 2023.
- Supply chain attacks rose 42% to 1,800 incidents in 2023.
Cyber Attacks Interpretation
Data Breaches
- The average data breach cost organizations $4.45 million in 2023, up 15% from 2020.
- 82% of data breaches involved human elements like phishing in 2023.
- Healthcare data breaches exposed 112 million records in 2023.
- Financial sector breaches cost $5.9 million on average in 2023.
- 3,205 data breaches confirmed in the US in 2023.
- Retail data breaches affected 200 million customers in 2023.
- Cloud misconfigurations caused 20% of data breaches in 2023.
- Stolen credentials led to 49% of data breaches per DBIR 2023.
- Average time to identify a breach was 204 days in 2023.
- 83 million records exposed in education sector breaches 2023.
- Mega-breaches over 100 million records numbered 5 in 2023.
- Phishing accounted for 16% of initial breach vectors in 2023.
- Ransomware breaches impacted 66% of organizations in 2023.
- US states reported 3,000+ data breaches in 2023.
- Personal data was compromised in 92% of breaches in 2023.
- Manufacturing breaches averaged $4.82 million cost in 2023.
- 1.6 billion records leaked globally from breaches in 2023.
- Third-party breaches caused 44% of incidents in 2023.
- Energy sector breaches exposed 50 million records in 2023.
- SMB data breaches cost $25,000 on average but 60% went bankrupt.
- EU GDPR fines for breaches totaled €2.1 billion in 2023.
- 28% of breaches involved stolen credentials in 2023.
- Government breaches numbered 1,200 in 2023 worldwide.
- Average breach containment time was 73 days in 2023.
- Ransomware was involved in 24% of breaches in 2023.
Data Breaches Interpretation
Market & Investments
- Global cybersecurity spending reached $188 billion in 2023.
- Endpoint security market grew to $15.8 billion in 2023.
- 14.6% CAGR projected for cybersecurity to 2030.
- Cloud security spending hit $64 billion in 2023.
- 75% of orgs increased cyber budgets by 10%+ in 2023.
- Ransomware defense market $70 billion by 2023 est.
- AI cybersecurity market to $135 billion by 2030.
- 52% of CISOs report budget increases in 2023.
- Global shortage of 3.5 million cybersecurity pros 2023.
- Zero trust market $38.37 billion by 2027 from 2023.
- Managed security services $45 billion in 2023.
- 96% of CISOs plan cyber insurance in 2023.
- Cyber insurance premiums up 50% avg in 2023.
- SIEM market $5.3 billion growing 12% in 2023.
- 67% of budgets allocated to threat detection 2023.
- OT security market $16 billion by 2028 from 2023.
- 40% of spending on compliance in 2023 surveys.
- Blockchain security investments $2 billion in 2023.
- 85% of orgs prioritizing AI/ML for cyber in 2023.
- Identity management market $18.2 billion 2023.
- Cyber workforce training spend $10 billion 2023.
Market & Investments Interpretation
Phishing & Social Engineering
- Phishing emails rose 58% to 3.4 billion daily in 2023.
- 36% of data breaches started with phishing in 2023 DBIR.
- 91% of cyberattacks begin with phishing email.
- Spear-phishing success rate 70% higher than regular phishing.
- 300,000 phishing sites detected daily in 2023.
- Vishing attacks increased 343% in 2023.
- 85% of orgs faced phishing attempts weekly 2023.
- Smishing incidents up 328% to 1.6 million in 2023.
- Business email compromise cost $2.9 billion in 2023.
- 96% of credential theft via phishing in 2023.
- Phishing training reduced clicks by 90% in trained orgs 2023.
- 1 in 99 emails is phishing, per 2023 analysis.
- GenAI used in 10% of phishing kits in 2023.
- Finance phishing attacks 3x higher than average 2023.
- 78% of CISOs report phishing as top threat 2023.
- Multi-channel phishing (email+SMS) up 200% 2023.
- Average phishing campaign lasts 24 hours in 2023.
- 22% phish success rate without training 2023.
- BEC scams averaged $120,000 loss per incident 2023.
- QR code phishing (quishing) rose 51% in 2023.
- 68% of orgs lack anti-phishing simulations 2023.
Phishing & Social Engineering Interpretation
Ransomware
- Global ransomware payments reached $1.1 billion in 2023.
- 75% of organizations hit by ransomware in 2023 paid the ransom.
- Healthcare ransomware attacks increased 74% in 2023.
- Average ransomware recovery cost was $1.54 million in 2023.
- 2,200 ransomware attacks daily worldwide in 2023.
- Manufacturing sector saw 50% of ransomware incidents in 2023.
- LockBit ransomware group claimed 2,000 victims in 2023.
- 66% of ransomware victims had backups but still paid in 2023.
- Education ransomware attacks up 141% in 2023.
- Conti ransomware disbanded but successors hit 1,500 orgs in 2023.
- Average downtime from ransomware was 24 days in 2023.
- Government agencies faced 300 ransomware attacks in 2023 US.
- Ransom demands averaged $1.77 million in 2023.
- 93% of ransomware uses phishing as entry vector in 2023.
- Financial services ransomware cost $43 million avg recovery 2023.
- Double extortion ransomware rose to 66% of attacks in 2023.
- SMBs paid 46% of all ransomware ransoms in 2023.
- 1,700 healthcare ransomware incidents reported in 2023.
- Ransomware-as-a-Service kits used in 70% attacks 2023.
- Recovery without paying took 50% longer in 2023.
- Energy sector ransomware up 100% to 200 incidents 2023.
- BlackCat/ALPHV extorted $300 million in 2023.
- 40% of ransomware hit via RDP vulnerabilities 2023.
- Global ransomware groups numbered 150 active in 2023.
- 25% recurrence rate for ransomware victims in 2023.
Ransomware Interpretation
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