GITNUX MARKETDATA REPORT 2024

Cybersecurity In The Arizona Industry Statistics

Cybersecurity in the Arizona industry is expected to continue growing rapidly due to the increasing number of cyber threats and the importance of protecting sensitive information.

Highlights: Cybersecurity In The Arizona Industry Statistics

  • As of 2020, Arizona had 17,119 job postings in the cybersecurity field.
  • There are more than 300 cybersecurity companies in Arizona.
  • Phoenix, Arizona ranks in the top 20 cybersecurity cities in the U.S.
  • Cybersecurity jobs in Arizona are projected to grow by 32% by 2028.
  • In 2018, cybersecurity breaches in Arizona increased by 300%.
  • In 2020, more than 40% of businesses in Arizona were affected by cyber-attacks.
  • University of Arizona ranks in the top 3% of universities globally for cybersecurity.
  • Between 2019 and 2020, ransomware attacks in Arizona increased by 158%.
  • Greater Phoenix is home to more than 20% of Arizona's cybersecurity industry.
  • The cybersecurity market in Arizona was valued at $1 billion in 2020.
  • Nearly 60% of small Arizona businesses have inadequate cybersecurity measures in place.
  • Around 1 in 10 Arizona businesses reported a data breach in 2019.
  • Majority of Arizona governmental institutions report having at least one cybersecurity specialist in employment.
  • In 2020, more than half of Arizona's businesses spent over 10% of their IT budget on cybersecurity.
  • From 2016 to 2020 Arizona’s per-capita incidents of identity theft, a large component of cybersecurity, fell 15.61%.
  • In Phoenix metro area, Arizona, 22% of companies in 2020 reported being victims of phishing attack.

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With the increasing reliance on technology in all aspects of our lives, cybersecurity has become a critical concern for individuals and industries alike. In Arizona, the cybersecurity industry is seeing significant growth and evolution to combat the rising threats in the digital landscape. Let’s delve into the statistics that shed light on the state of cybersecurity in the Arizona industry.

The Latest Cybersecurity In The Arizona Industry Statistics Explained

As of 2020, Arizona had 17,119 job postings in the cybersecurity field.

The statistic “As of 2020, Arizona had 17,119 job postings in the cybersecurity field” refers to the total number of job advertisements specifically related to cybersecurity positions within the state of Arizona during the year 2020. This figure indicates a significant demand for cybersecurity professionals in Arizona, highlighting the growing importance of information security in various industries. The high number of job postings suggests that there is a strong need for skilled cybersecurity experts to help protect organizations from cyber threats and safeguard sensitive data. The data can be used to assess the job market and opportunities for individuals interested in pursuing a career in cybersecurity within the state of Arizona.

There are more than 300 cybersecurity companies in Arizona.

The statistic that there are more than 300 cybersecurity companies in Arizona indicates a thriving cybersecurity industry within the state. This sizable number of companies specializing in cybersecurity services and products exemplifies the increasing significance of cybersecurity in today’s digital landscape. The presence of numerous cybersecurity firms also suggests that Arizona is a hub for innovation and expertise in the field, attracting businesses, talent, and investments focused on protecting organizations and individuals from cyber threats. This statistic highlights the growing importance of cybersecurity and the role that Arizona plays in fostering a strong ecosystem for cybersecurity companies to flourish and contribute to enhancing digital security.

Phoenix, Arizona ranks in the top 20 cybersecurity cities in the U.S.

The statistic that Phoenix, Arizona ranks in the top 20 cybersecurity cities in the U.S. indicates that the city possesses significant capabilities and resources in the field of cybersecurity. This ranking suggests that Phoenix has a strong infrastructure and workforce dedicated to protecting digital information and systems from cyber threats. Being recognized as one of the top cybersecurity cities in the country highlights the city’s commitment to addressing cyber risks and promoting a secure online environment for residents and businesses. It also signifies that Phoenix likely has a thriving cybersecurity industry, offers educational opportunities in the field, and collaborates with government and private sectors to enhance cybersecurity measures.

Cybersecurity jobs in Arizona are projected to grow by 32% by 2028.

The statistic “Cybersecurity jobs in Arizona are projected to grow by 32% by 2028” indicates that there is a significant expected increase in the number of cybersecurity-related employment opportunities in the state of Arizona over the next eight years. This growth rate suggests a robust demand for cybersecurity professionals in various sectors such as technology, finance, healthcare, and government, reflecting the increasing importance of protecting digital systems and data from cyber threats. The projection signals a positive outlook for job seekers interested in pursuing careers in cybersecurity in Arizona, highlighting the potential for job security and growth within the field.

In 2018, cybersecurity breaches in Arizona increased by 300%.

The statistic “In 2018, cybersecurity breaches in Arizona increased by 300%” indicates that the number of cybersecurity breaches reported in Arizona in 2018 was three times higher than the number reported in the previous year. This significant increase highlights a concerning trend of heightened vulnerability to cyber threats within the state. It suggests that organizations and individuals in Arizona may have experienced a substantial rise in security incidents, potentially leading to compromised data, financial losses, and reputational damage. Such a sharp increase in cybersecurity breaches underscores the importance of implementing effective security measures and investing in cybersecurity defenses to mitigate the risks posed by cyber threats.

In 2020, more than 40% of businesses in Arizona were affected by cyber-attacks.

The statistic that more than 40% of businesses in Arizona were affected by cyber-attacks in 2020 indicates a significant prevalence and impact of cybersecurity threats on the business landscape within the state during that year. This finding highlights the vulnerability of businesses to cyber-attacks in Arizona, suggesting that a substantial portion of organizations faced potential disruptions, financial losses, and data breaches due to inadequate cybersecurity measures or targeted attacks. The high percentage demonstrates the importance of prioritizing cybersecurity awareness, preparedness, and risk mitigation strategies for businesses across various sectors in Arizona to safeguard their operations, sensitive information, and overall resilience against cyber threats.

University of Arizona ranks in the top 3% of universities globally for cybersecurity.

The statistic stating that the University of Arizona ranks in the top 3% of universities globally for cybersecurity means that among all universities worldwide, the University of Arizona is considered to excel in the field of cybersecurity. This ranking suggests that the university’s programs, research, and resources in cybersecurity are highly regarded and competitive on a global scale. Being in the top 3% indicates that the University of Arizona is among the elite institutions that are recognized for their expertise and contribution to the field of cybersecurity, making it a reputable choice for students and researchers interested in this area of study.

Between 2019 and 2020, ransomware attacks in Arizona increased by 158%.

The statistic “Between 2019 and 2020, ransomware attacks in Arizona increased by 158%” indicates that the number of ransomware attacks in Arizona more than doubled from 2019 to 2020. Specifically, the percentage increase of 158% suggests a significant and concerning rise in cybercrime activity within the state over the one-year period. This statistic highlights a substantial growth in cyber threats, emphasizing the urgent need for enhanced cybersecurity measures and strategies to protect individuals, organizations, and the overall security of the information systems in Arizona.

Greater Phoenix is home to more than 20% of Arizona’s cybersecurity industry.

The statistic that ‘Greater Phoenix is home to more than 20% of Arizona’s cybersecurity industry’ indicates that the Phoenix metropolitan area plays a significant role in the state’s cybersecurity sector. Specifically, out of the total cybersecurity companies and professionals in Arizona, over one-fifth are located in Greater Phoenix. This statistic highlights the concentration and importance of the cybersecurity industry in the region, showcasing Phoenix as a hub for cybersecurity innovation, expertise, and job opportunities within the state. This concentration may also suggest that Greater Phoenix offers a favorable business environment and resources for cybersecurity firms to thrive and contribute to the region’s technological and economic growth.

The cybersecurity market in Arizona was valued at $1 billion in 2020.

The statistic ‘The cybersecurity market in Arizona was valued at $1 billion in 2020’ indicates the total monetary worth of cybersecurity products and services within Arizona during the year 2020. This figure represents the economic value associated with protecting digital systems, networks, and data from cyber threats in the state. The $1 billion valuation suggests that there is a significant demand for cybersecurity solutions in Arizona, likely driven by increased digitalization, data breaches, and cyber attacks. This statistic serves as a metric to measure the size and importance of the cybersecurity industry within the state and provides insights into the level of investment and resources dedicated to maintaining cybersecurity defenses in Arizona.

Nearly 60% of small Arizona businesses have inadequate cybersecurity measures in place.

The statistic ‘Nearly 60% of small Arizona businesses have inadequate cybersecurity measures in place’ indicates that a significant majority of small businesses in Arizona are not adequately protecting themselves from cyber threats. This suggests a concerning vulnerability in the cybersecurity posture of these businesses, potentially putting them at risk of data breaches, financial losses, and other cyber attacks. Given the increasing frequency and sophistication of cyber threats, it underscores the importance of implementing robust cybersecurity measures to safeguard sensitive information and mitigate cyber risks. This statistic serves as a wake-up call for small businesses in Arizona to prioritize cybersecurity and invest in improving their protective measures to enhance their resilience against cyber threats.

Around 1 in 10 Arizona businesses reported a data breach in 2019.

The statistic “Around 1 in 10 Arizona businesses reported a data breach in 2019” indicates that approximately 10% of businesses in Arizona experienced a data breach during the year 2019. This statistic suggests that data breaches are a prevalent issue affecting a significant portion of businesses in the state. Data breaches can have serious consequences, such as financial losses, reputational damage, and legal implications, making them a major concern for organizations in terms of protecting sensitive information and maintaining cybersecurity measures. This statistic highlights the importance of implementing robust data security practices and investing in cybersecurity measures to mitigate the risk of experiencing a data breach.

Majority of Arizona governmental institutions report having at least one cybersecurity specialist in employment.

The statistic indicates that a significant portion of governmental institutions in Arizona have employed at least one cybersecurity specialist within their organizations. This suggests that these institutions recognize the importance of cybersecurity in safeguarding their systems and data from potential cyber threats and attacks. By having cybersecurity specialists on staff, these institutions are better equipped to mitigate risks and protect sensitive information, ultimately enhancing their overall cybersecurity posture. This proactive approach to cybersecurity highlights a commitment to bolstering defenses against cyber threats and aligning with best practices in information security.

In 2020, more than half of Arizona’s businesses spent over 10% of their IT budget on cybersecurity.

The statistic ‘In 2020, more than half of Arizona’s businesses spent over 10% of their IT budget on cybersecurity’ indicates that a significant portion of businesses in Arizona allocated a substantial proportion of their IT budget towards cybersecurity measures during the year. This highlights the growing recognition among organizations of the importance of investing in cybersecurity to protect their digital assets and sensitive information from potential cyber threats and attacks. The fact that over half of the businesses in Arizona prioritized allocating over 10% of their IT budget to cybersecurity signifies a heightened awareness of the risks posed by cyber incidents and underscores a proactive approach towards enhancing their security posture in response to the evolving threat landscape.

From 2016 to 2020 Arizona’s per-capita incidents of identity theft, a large component of cybersecurity, fell 15.61%.

The statistic reveals a positive trend in Arizona’s cybersecurity landscape from 2016 to 2020, indicating a 15.61% decrease in per-capita incidents of identity theft. This decline suggests that measures taken to combat identity theft, such as increased awareness, improved security protocols, and enhanced cybersecurity systems, have been effective in protecting individuals’ identities in the state. The reduction in identity theft incidents not only signifies progress in safeguarding personal information but also reflects potential enhancements in cybersecurity infrastructure and practices within Arizona over the specified time period. Overall, the statistic indicates a commendable improvement in cybersecurity efforts and outcomes in the state.

In Phoenix metro area, Arizona, 22% of companies in 2020 reported being victims of phishing attack.

The statistic states that in the Phoenix metro area of Arizona, 22% of companies reported experiencing a phishing attack in 2020. This indicates that nearly a quarter of companies in the region fell victim to this type of cyber attack, which involves fraudulent attempts to obtain sensitive information such as passwords or financial details. Phishing attacks can have serious consequences for organizations, including financial losses, compromised data, and damage to reputation. The high prevalence of phishing attacks in the Phoenix metro area underscores the importance of implementing effective cybersecurity measures and educating employees about the risks of such attacks to protect against potential threats.

Conclusion

In conclusion, the statistics presented on cybersecurity in the Arizona industry highlight the growing demand for robust protection measures to safeguard sensitive information and digital assets. These numbers underscore the critical need for businesses in Arizona to prioritize cybersecurity practices and invest in comprehensive solutions to mitigate risks and stay ahead of cyber threats. By staying informed and proactive, organizations can better protect themselves and their customers in an increasingly digital landscape.

References

0. – https://www.www.azcommerce.com

1. – https://www.cybersecurity.arizona.edu

2. – https://www.www.cyberstates.org

3. – https://www.azbigmedia.com

4. – https://www.www.csoonline.com

5. – https://www.www.gpec.org

6. – https://www.www.forrester.com

7. – https://www.www.uscybersecurity.net

8. – https://www.spectrumnews1.com

9. – https://www.www.fortunebusinessinsights.com

10. – https://www.pubdocs.worldbank.org

11. – https://www.cyberseek.org

12. – https://www.www.bizjournals.com

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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