GITNUX MARKETDATA REPORT 2024

Cybersecurity In The Art Industry Statistics

Cybersecurity breaches in the art industry are expected to rise, with 48% of organizations reporting a security incident in the past 12 months according to a recent study.

Highlights: Cybersecurity In The Art Industry Statistics

  • Nearly 53% of arts organizations have suffered a cyberattack.
  • In 2017 Cybercrime rates increased by roughly 42% targeting arts organizations.
  • 92% of all malware is delivered via email.
  • The total number of ransomware attacks decreased by 20% in 2018 but increased in severity.
  • 61% of companies say attacks are becoming more destructive and costly.
  • High-net-worth individuals, including many art collectors, are 9x more likely to be targets of a cyberattack.
  • 43% of cyber attacks target small businesses like art galleries.
  • Employees in the art industry violate cybersecurity best practices due to the lack of knowledge and security training.
  • Only 30% of art businesses use an online transaction system, exposing vulnerabilities to cybercriminals.
  • 75% of art gallery owners admitted they do not have solid cyber security practices.
  • The art and culture industry experienced a 34% increase in cyber-attacks in 2018.
  • 32% of all cyber attacks are phishing and scam related incidents.
  • Employee negligence in the art industry is the root cause of 52% of cybersecurity incidents.
  • In 2019 ransomware damages cost 11.5 billion USD globally, affecting all sectors including the art industry.
  • 90% of small businesses don’t use any data protection for company and customer information, exposing vulnerabilities in the art industry.

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The Latest Cybersecurity In The Art Industry Statistics Explained

Nearly 53% of arts organizations have suffered a cyberattack.

The statistic indicates that approximately 53% of arts organizations have experienced a cyberattack at some point in time. This implies that a significant portion of arts organizations have been targeted by cybercriminals, potentially leading to disruptions in their operations, data breaches, and financial losses. The prevalence of cyberattacks in the arts sector underscores the importance of implementing strong cybersecurity measures to protect sensitive information, maintain public trust, and ensure the continued functioning of these organizations. It also highlights the need for increased awareness and investment in cybersecurity resources to mitigate the risks posed by cyber threats in the arts industry.

In 2017 Cybercrime rates increased by roughly 42% targeting arts organizations.

The statistic indicates that in 2017, there was a significant 42% increase in cybercrime incidents specifically targeting arts organizations. This suggests that cybercriminals identified arts organizations as lucrative targets for various forms of cyber attacks such as hacking, phishing, and ransomware. The sharp rise in cybercrime rates highlights the vulnerability of the arts sector to cyber threats and underscores the importance of implementing robust cybersecurity measures to safeguard sensitive data, financial transactions, and organizational operations within these institutions. Arts organizations should proactively invest in cybersecurity tools, employee training, and risk management strategies to mitigate the growing threat of cybercrime and protect their digital assets.

92% of all malware is delivered via email.

The statistic “92% of all malware is delivered via email” indicates that a vast majority of malicious software is distributed through email as a delivery mechanism. This finding suggests that email is a prominent vector for cyber threats such as viruses, ransomware, and phishing attacks. Organizations and individuals should be particularly cautious when handling email attachments and clicking on links, as they are commonly used to distribute malware. Implementing robust email security measures, such as spam filters, email authentication protocols, and employee training on recognizing phishing attempts, can help mitigate the risks associated with malicious email campaigns.

The total number of ransomware attacks decreased by 20% in 2018 but increased in severity.

The statistic “The total number of ransomware attacks decreased by 20% in 2018 but increased in severity” suggests that although the overall frequency of ransomware attacks decreased by 20% from the previous year, the attacks that did occur became more severe in nature. This indicates a shift in tactics employed by cybercriminals, focusing on fewer but more impactful attacks. While the decrease in quantity may seem positive on the surface, the increased severity highlights the importance of remaining vigilant against cyber threats and continuously improving cybersecurity measures to protect against the potentially devastating consequences of ransomware attacks.

61% of companies say attacks are becoming more destructive and costly.

The statistic that 61% of companies report attacks as becoming more destructive and costly indicates a significant concern among businesses regarding cybersecurity threats. This finding suggests that a majority of organizations are experiencing a growing impact from malicious attacks, both in terms of the damage inflicted and the financial burden incurred. Such a high percentage underscores the escalating threat landscape that businesses are navigating, highlighting the need for robust cybersecurity measures to safeguard against these increasingly harmful and costly attacks. This statistic underscores the pressing need for organizations to prioritize cybersecurity and invest in preventative measures to mitigate the risks posed by evolving cyber threats.

High-net-worth individuals, including many art collectors, are 9x more likely to be targets of a cyberattack.

This statistic suggests that individuals with high net worth, particularly art collectors, are at a significantly increased risk of being targeted by cyberattacks compared to the general population. The 9x higher likelihood indicates that these affluent individuals are prime targets for cybercriminals seeking to exploit their financial resources and valuable assets. This heightened risk may stem from the perception that high-net-worth individuals have greater wealth to steal, making them appealing targets for cybercriminals looking to carry out activities such as financial fraud, identity theft, or ransomware attacks. As such, it is crucial for these individuals to take proactive measures to enhance their cybersecurity defenses and protect their personal and financial information from cyber threats.

43% of cyber attacks target small businesses like art galleries.

The statistic that 43% of cyber attacks target small businesses like art galleries indicates a significant vulnerability within this particular sector. Small businesses often lack the resources and expertise to implement robust cybersecurity measures, making them attractive targets for cyber criminals. This statistic highlights the pressing need for small businesses, including art galleries, to prioritize cybersecurity efforts to protect sensitive data, financial assets, and ensure business continuity in the face of increasing cyber threats. Proactive measures such as employee training, secure network infrastructure, and regular security audits are essential for small businesses to mitigate the risk of cyber attacks and safeguard their operations.

Employees in the art industry violate cybersecurity best practices due to the lack of knowledge and security training.

This statistic suggests that employees working in the art industry are frequently non-compliant with cybersecurity best practices, primarily because they lack comprehensive knowledge and adequate training in cybersecurity measures. The implication is that these employees may inadvertently engage in risky behaviors that compromise the security of their organization’s digital assets and systems. This underscores the importance of implementing cybersecurity training programs tailored to the specific needs of the art industry workforce to mitigate vulnerabilities and enhance the overall security posture of organizations within this sector.

Only 30% of art businesses use an online transaction system, exposing vulnerabilities to cybercriminals.

The statistic that only 30% of art businesses use an online transaction system indicates a relatively low adoption rate of secure transaction methods within the art industry. This low usage exposes the majority of art businesses to vulnerabilities that can be exploited by cybercriminals. Without a secure online transaction system in place, these businesses are at a higher risk of experiencing data breaches, financial losses, and reputational damage. As cyber threats continue to evolve and become more sophisticated, it is crucial for art businesses to prioritize cybersecurity measures and implement secure online transaction systems to protect themselves and their customers from potential cyberattacks.

75% of art gallery owners admitted they do not have solid cyber security practices.

This statistic indicates that a large majority, specifically 75%, of art gallery owners do not implement strong cyber security practices within their businesses. This admission suggests a concerning lack of protection against potential cyber threats such as data breaches, hacking, or malware attacks. The vulnerability of art galleries to cyber risks could result in compromised sensitive information, financial loss, or damage to their reputation. It highlights the need for increased awareness and investment in cyber security measures to safeguard against potential cyber threats and protect the digital assets of art galleries.

The art and culture industry experienced a 34% increase in cyber-attacks in 2018.

The statistic indicates that the art and culture industry saw a significant 34% rise in cyber-attacks during the year 2018 compared to the previous year. This implies that organizations within the art and culture sector faced an elevated level of security threats and breaches, potentially leading to compromised data, financial losses, and reputational damage. Such a substantial increase in cyber-attacks highlights the importance of bolstering cybersecurity measures within the industry to safeguard sensitive information and intellectual property from malicious actors seeking to exploit vulnerabilities in digital systems. It underscores the need for organizations in the art and culture sector to prioritize cybersecurity initiatives and invest in robust defenses to mitigate the risks posed by cyber threats in today’s interconnected digital landscape.

32% of all cyber attacks are phishing and scam related incidents.

This statistic indicates that approximately 32% of all cyber attacks involve phishing and scam related incidents. Phishing is a form of cyber attack where attackers attempt to deceive individuals into providing sensitive information such as usernames, passwords, and financial details by masquerading as a trustworthy entity in electronic communication. Scams can also involve fraudulent schemes aimed at deceiving victims for financial gain. The prevalence of phishing and scams in cyber attacks highlights the importance of awareness and vigilance in safeguarding personal and organizational information online. Organizations and individuals should prioritize implementing robust cybersecurity measures, providing adequate training to recognize and mitigate such attacks, and staying updated on the latest trends in cyber threats to mitigate the risk of falling victim to these deceptive tactics.

Employee negligence in the art industry is the root cause of 52% of cybersecurity incidents.

The statistic that employee negligence in the art industry is the root cause of 52% of cybersecurity incidents suggests that more than half of security breaches within the art industry can be attributed to human errors and oversight by employees. This highlights the significance of cybersecurity training and awareness programs for employees in the art sector to mitigate such incidents. It further underscores the importance of implementing strict security protocols and measures to protect sensitive data and artworks from potential breaches caused by employee negligence.organizations in the art industry should prioritize investing in cybersecurity measures and education to address this prevalent issue and safeguard their assets from potential threats.

In 2019 ransomware damages cost 11.5 billion USD globally, affecting all sectors including the art industry.

The statistic reflects the significant impact of ransomware attacks in the year 2019, with damages totaling 11.5 billion USD on a global scale. The figures underline the pervasive threat of ransomware across various sectors, including the art industry, which has traditionally not been a primary target for cyber attacks. This highlights the evolving nature of cyber threats, with hackers targeting new industries and emphasizing the importance of cybersecurity measures for all organizations. The substantial financial losses incurred demonstrate the urgent need for enhanced security measures and awareness to combat ransomware attacks effectively and protect sensitive data and assets.

90% of small businesses don’t use any data protection for company and customer information, exposing vulnerabilities in the art industry.

The statistic that 90% of small businesses in the art industry do not utilize any form of data protection for company and customer information indicates a concerning lack of security measures in place, leaving them vulnerable to potential data breaches and cyber attacks. Without adequate data protection, sensitive information such as financial records, customer details, and intellectual property could be at risk of unauthorized access or theft. This poses significant threats to the integrity and confidentiality of the businesses’ operations and their relationships with customers. Implementing robust data protection strategies is crucial for small businesses in the art industry to safeguard their digital assets and maintain trust with their stakeholders.

Conclusion

Based on the statistics and data presented in this blog post, it is evident that cybersecurity plays a crucial role in the art industry. The increasing number of cyber threats and attacks emphasize the importance of implementing robust cybersecurity measures to protect sensitive information and valuable assets. By being aware of the cybersecurity landscape and investing in adequate security measures, art organizations and individuals can mitigate risks and safeguard against potential threats. It is imperative for the art industry to prioritize cybersecurity to ensure the integrity and confidentiality of their digital assets.

References

0. – https://www.arttactic.com

1. – https://www.www.apwg.org

2. – https://www.www.cisco.com

3. – https://www.www.cybersecurity-insiders.com

4. – https://www.www.cyberscoop.com

5. – https://www.www.smallbiztrends.com

6. – https://www.staysafeonline.org

7. – https://www.www.hiscox.co.uk

8. – https://www.cybersecurity.att.com

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

10. – https://www.cybersecurityventures.com

11. – https://www.www.symantec.com

12. – https://www.securingtomorrow.mcafee.com

13. – https://www.www.securitymagazine.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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