GITNUX MARKETDATA REPORT 2024

Cybersecurity In The Agricultural Industry Statistics

Cyber attacks in the agricultural industry have been rising steadily, with a 25% increase in reported incidents in the past year.

Statistic 1

"As per 2021, Cybersecurity seems to be one of the top two significant challenges facing the agri-food industry."

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Statistic 2

"In 2020, 31% of cyber-attacks were on manufacturing companies, agriculture being a significant part of it."

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Statistic 3

"The global market for IoT in the Agriculture sector is expected to grow at a CAGR of 10.4% from 2020 to 2027."

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Statistic 4

"By 2024, the IoT device installed base in farming is expected to increase from 13 million to 225 million."

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Statistic 5

"43% of cyber-attacks target small businesses, including those in agricultural settings."

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Statistic 6

"IoT attacks represent 16.7% of cyber-attacks in 2020."

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Statistic 7

"68% of business leaders feel their cybersecurity risks are increasing."

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Statistic 8

"By 2021, an organization will be targeted by ransomware every 11 seconds, which includes agricultural organizations that use IoT."

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Statistic 9

"By the end of 2021, cybercrime will cost the world $6 trillion a year."

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Statistic 10

"The average cost of a cyber attack is $133,000."

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