Key Takeaways
- In 2023, global cyberattacks surged by 78% year-over-year, with over 2.8 billion attacks recorded in the first half alone
- DDoS attacks hit a record 15.4 million in Q3 2023, averaging 48 million packets per second
- Weekly cyber incidents per organization rose to 1,800 in 2023 from 1,300 in 2022
- The average cost of a data breach in 2023 was $4.45 million, up 15% over three years
- Ransomware payments averaged $1.54 million per incident in 2023
- Global cybercrime costs projected to reach $10.5 trillion annually by 2025
- Phishing made up 36% of breaches with average cost $4.76 million in 2023
- Ransomware constituted 24% of incidents leading to data disclosure in 2023
- DDoS attacks represented 15% of all cyber incidents in 2023 globally
- Healthcare sector suffered 22% of major breaches in 2023
- Financial services faced 15% of all reported cyber incidents in 2023
- Retail industry saw 14% of data breaches in 2023 DBIR
- US accounted for 46% of global data breaches in 2023
- India saw 13.9% of global cyber incidents in 2023
- UK experienced 7.5% of ransomware attacks worldwide 2023
Cyberattacks sharply increased globally in 2023, causing massive financial damage.
Attack Frequency
- In 2023, global cyberattacks surged by 78% year-over-year, with over 2.8 billion attacks recorded in the first half alone
- DDoS attacks hit a record 15.4 million in Q3 2023, averaging 48 million packets per second
- Weekly cyber incidents per organization rose to 1,800 in 2023 from 1,300 in 2022
- Phishing attacks increased by 58% in 2023, with 300 million phishing sites detected
- Ransomware detections jumped 94% to 3,200 families in 2023
- Malware attacks on endpoints grew 5% to 1.7 billion in 2023
- Supply chain attacks rose 42% to 1,200 incidents in 2023
- Zero-day exploits used in 25% more attacks, totaling 1,500 unique in 2023
- API attacks increased 200% to 5.4 billion in 2023
- Mobile malware samples reached 12.7 million in 2023, up 12%
- Cryptojacking incidents doubled to 80 million detections in 2023
- Cloud intrusions grew 75% to 600 per week globally in 2023
- Email threat volume hit 14.5 billion in Q1 2024
- Botnet attacks on web apps reached 6.7 billion in 2023
- Vulnerability exploits in attacks up 180% to 21,000 CVEs targeted in 2023
- Insider threat incidents increased 44% to 900 per organization in 2023
- Social engineering attacks rose 35% to 2.1 million reports in 2023
- DNS attacks doubled to 1.2 million in 2023
- Web shell deployments grew 30% to 450,000 in 2023
- Credential stuffing attempts hit 200 billion in 2023
- Lateral movement detections in networks up 50% to 1.5 million in 2023
- EDR evasion techniques used in 60% of attacks, totaling 900,000 instances in 2023
- Fileless malware attacks increased 25% to 800 million in 2023
- RDP brute force attacks reached 15 billion login attempts in 2023
- SMS phishing (smishing) reports surged 300% to 1.8 million in 2023
- Vishing calls detected rose 22% to 500,000 incidents in 2023
- Blockchain attacks hit 1,200 smart contracts exploited in 2023
- OT/ICS attacks grew 50% to 300 incidents in 2023
- Global average of 2,365 cyber attacks per organization per week in 2024 Q1
Attack Frequency Interpretation
Attack Types
- Phishing made up 36% of breaches with average cost $4.76 million in 2023
- Ransomware constituted 24% of incidents leading to data disclosure in 2023
- DDoS attacks represented 15% of all cyber incidents in 2023 globally
- Malware was involved in 22% of breaches according to 2024 DBIR
- Credential abuse caused 49% of cloud breaches in 2023
- Supply chain compromise affected 18% of large breaches in 2023
- Business email compromise (BEC) scams totaled 21,000 complaints in 2023
- Zero-day vulnerabilities exploited in 10% of attacks in 2023
- SQL injection used in 8% of web app attacks in 2023 OWASP report
- Cryptojacking malware detected in 61% of organizations in 2023
- Insider threats involved in 19% of breaches in 2023
- Man-in-the-middle attacks rose in 12% of mobile incidents 2023
- Fileless attacks accounted for 35% of malware detections in 2023
- Smishing (SMS phishing) grew to 10% of phishing attacks in 2023
- Vishing made up 5% of social engineering incidents in 2023
- Web shells deployed in 7% of compromised servers in 2023
- DNS tunneling used in 4% of advanced persistent threats in 2023
- API abuse seen in 25% of cloud security incidents 2023
- IoT botnets like Mirai variants in 30% of DDoS attacks 2023
- Living-off-the-land techniques in 50% of red team simulations 2023
Attack Types Interpretation
Financial Impact
- The average cost of a data breach in 2023 was $4.45 million, up 15% over three years
- Ransomware payments averaged $1.54 million per incident in 2023
- Global cybercrime costs projected to reach $10.5 trillion annually by 2025
- US organizations lost $12.5 billion to cybercrime in 2023
- Downtime from DDoS attacks cost businesses $2.5 billion in 2023
- Phishing attacks led to $48 million in losses for US consumers in 2023
- Supply chain breach costs averaged $5.9 million in 2023
- Healthcare data breaches cost $10.93 million on average in 2023
- Retail sector cyber incidents cost $3.3 million per breach in 2023
- Business email compromise (BEC) scams stole $2.9 billion in 2023
- Cryptocurrency hacks resulted in $3.7 billion stolen in 2023
- Cloud misconfiguration breaches cost $4.8 million average in 2023
- Insider threats cost organizations $16.2 million annually on average in 2023
- DDoS extortion demands averaged $3 million per attack in 2023
- IP theft costs US economy $225-600 billion yearly
- Ransomware recovery costs hit $2.73 million including downtime in 2023
- Financial services breaches averaged $5.9 million in 2023
- Productivity losses from cyber incidents cost $1.5 million per event in 2023
- Notification costs post-breach averaged $0.31 million in 2023
- Legal fees from breaches reached $1.6 million average in 2023
- Brand damage from breaches cost $1.4 million on average in 2023
- Incident response retainers cost $500,000 per major breach in 2023
- Lost revenue from supply chain attacks averaged $4.2 million in 2023
- Cyber insurance premiums rose 50% costing firms $10 billion extra in 2023
- Tech sector breach costs hit $5.5 million average in 2023
- BEC wire transfers averaged $120,000 loss per incident in 2023
- Remediation post-ransomware costs $1.2 million excluding ransom in 2023
- Phishing training costs organizations $2.3 million yearly in 2023
- Ransomware accounted for 20% of breaches costing $1 billion total in 2023
Financial Impact Interpretation
Geographic Distribution
- US accounted for 46% of global data breaches in 2023
- India saw 13.9% of global cyber incidents in 2023
- UK experienced 7.5% of ransomware attacks worldwide 2023
- Australia had 5.2% of phishing reports in APAC 2023
- Germany faced 4.8% of EU supply chain attacks 2023
- Brazil recorded 4.1% of Latin America malware 2023
- Canada saw 3.7% of North American BEC scams 2023
- France 3.2% of GDPR violation fines 2023
- Japan 2.9% of Asia DDoS volume 2023
- South Africa 2.5% of African cyber threats 2023
- Russia origin of 28% of state-sponsored attacks 2023
- China linked to 40% of IP theft globally 2023
- Middle East 6% of oil sector OT attacks 2023
- EU total 25% of global breach costs 2023
- Asia-Pacific 18% of mobile malware 2023
- Latin America 4% of crypto hacks 2023
- Eastern Europe 10% of ransomware groups 2023
- North America 52% of cloud intrusions 2023
- Southeast Asia 7% of smishing campaigns 2023
- Scandinavia 2% low but high impact breaches 2023
- Africa rising to 3% of global incidents 2023
- Middle East-North Africa 5% of APT groups 2023
- Oceania 2.1% of targeted industries 2023
- South Korea 3.5% of DDoS from North 2023
- Mexico 1.8% of BEC in Americas 2023
- Italy 2.3% of EU ransomware 2023
- Spain 1.9% web app attacks EU 2023
Geographic Distribution Interpretation
Targeted Industries
- Healthcare sector suffered 22% of major breaches in 2023
- Financial services faced 15% of all reported cyber incidents in 2023
- Retail industry saw 14% of data breaches in 2023 DBIR
- Government entities hit by 12% of ransomware attacks in 2023
- Manufacturing sector experienced 10% of supply chain compromises 2023
- Education sector had 9% of phishing successes in 2023
- Energy/utilities targeted in 8% of OT attacks in 2023
- Transportation faced 7% of DDoS attacks in 2023
- Tech/software industry 11% of insider threats in 2023
- Professional services 6% of BEC victims in 2023
- Healthcare 25% of largest fines under GDPR in 2023
- Finance 18% of crypto hacks targeting exchanges in 2023
- Retail 20% of POS malware infections in 2023
- Public admin 13% of nation-state intrusions 2023
- Telecom 9% of SMS phishing campaigns in 2023
- Media/entertainment 5% of streaming DDoS in 2023
- Pharmaceuticals 4% of IP theft cases in 2023
- Hospitality 3% of WiFi exploits in 2023
- Construction 2% of ransomware double-extortions 2023
- Agriculture 1% emerging in IoT attacks 2023
Targeted Industries Interpretation
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