GITNUX MARKETDATA REPORT 2024

Cybersecurity In The Cloud Computing Industry Statistics

The cloud computing industry is experiencing a rise in cyber threats with data breaches being a significant concern, leading to an increased focus on cybersecurity measures and investments.

Highlights: Cybersecurity In The Cloud Computing Industry Statistics

  • 68% of business leaders feel their cyber security risks are increasing.
  • The global cloud security market size was valued at $4.1 billion in 2019, with expectations to reach $11.5 billion by 2025.
  • Data breaches expose around 36 billion records in 2020.
  • There are around 300,000 new malware every day.
  • The average total cost of a data breach is $3.86 million as of 2020.
  • There are around 24,000 malicious mobile apps blocked every day.
  • Cybersecurity in the cloud reduces malware by 33%.
  • Approximately around 94% of malware is delivered via email.
  • 51% of organizations experienced a cloud-based email threat in the past year.
  • 73% of teams indicate the need for cloud-native security tools.
  • 92% of businesses report having a cloud service without their knowledge.
  • 79% of companies that move to the cloud reported significant IT savings and productivity benefits.
  • 29% of organizations face 100,000+ cloud threats per day.
  • Insider threats account for almost 34% of all cyber security incidents.
  • 83% of enterprise workloads will be in the cloud by 2021.
  • Misconfigured cloud servers lead to nearly 200 breaches, exposing over 30 billion records in 2020.
  • Increasing cloud security can decrease the instances of cyber attacks by 27.4%.

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The Latest Cybersecurity In The Cloud Computing Industry Statistics Explained

68% of business leaders feel their cyber security risks are increasing.

The statistic that 68% of business leaders feel their cyber security risks are increasing implies that a significant majority of individuals in leadership positions within organizations believe that their company is facing a growing threat in terms of cyber security. This suggests that businesses are becoming increasingly concerned about the potential vulnerabilities and risks associated with their digital assets and data. The perception of rising cyber security risks among leaders can indicate a need for enhanced security measures, increased awareness, and potentially a shift in strategic priorities to better protect against cyber threats in order to safeguard their organization’s sensitive information and maintain operational integrity.

The global cloud security market size was valued at $4.1 billion in 2019, with expectations to reach $11.5 billion by 2025.

The statistic indicates that the global cloud security market had a value of $4.1 billion in 2019, and it is expected to grow significantly to $11.5 billion by the year 2025. This represents a substantial increase in market size over a relatively short span of time, highlighting the growing importance of cloud security in the digital landscape. The projected growth suggests a rising demand for cloud security solutions as organizations increasingly rely on cloud services for storage, computing, and other functionalities. This market trend underscores the emphasis on protecting sensitive data and ensuring the security of cloud-based operations in response to evolving cyber threats and regulations.

Data breaches expose around 36 billion records in 2020.

The statistic “Data breaches expose around 36 billion records in 2020” highlights the significant impact of cybersecurity breaches on data privacy and security during the year. This statistic reflects the increasing frequency and severity of data breaches across various industries and organizations, resulting in the exposure of an enormous volume of sensitive information such as personal and financial data. The scale of these breaches underscores the pressing need for robust cybersecurity measures and stringent data protection practices to safeguard against potential threats and mitigate the risks of unauthorized access and misuse of data.

There are around 300,000 new malware every day.

The statistic that there are around 300,000 new malware every day highlights the alarming rate at which malicious software is being created and released into the digital world. This constant influx of new malware poses significant threats to individuals, businesses, and organizations as cybercriminals continuously evolve their techniques to exploit vulnerabilities and steal sensitive information. The sheer volume of new malware on a daily basis underscores the importance of robust cybersecurity measures, such as regularly updating software, using antivirus programs, implementing firewalls, and practicing safe online behavior, to protect against these persistent and ever-growing security risks.

The average total cost of a data breach is $3.86 million as of 2020.

This statistic indicates that, on average, organizations incur a total cost of $3.86 million as a result of a data breach in 2020. This cost typically includes various expenses such as investigating the breach, notifying affected individuals, implementing security measures to prevent future breaches, potential legal fees, regulatory fines, and reputational damage. Data breaches can have significant financial implications for businesses, not only in terms of immediate costs but also in terms of long-term consequences such as loss of customer trust and decreased revenue. It underscores the importance of investing in robust cybersecurity measures to protect sensitive data and mitigate the financial impact of potential breaches.

There are around 24,000 malicious mobile apps blocked every day.

The statistic that around 24,000 malicious mobile apps are blocked every day indicates the significant and ongoing threat posed by mobile security breaches. This figure highlights the pervasive nature of malicious activities targeting mobile devices, emphasizing the importance of robust security measures to protect users’ personal information and sensitive data. The continuous detection and prevention of such a high volume of malicious apps signify the active efforts of security teams and software providers to safeguard mobile users and reduce the risks associated with cybercrimes. This statistic underscores the critical need for enhanced vigilance, proactive security strategies, and user awareness to mitigate the potential impact of mobile app vulnerabilities.

Cybersecurity in the cloud reduces malware by 33%.

The statistic ‘Cybersecurity in the cloud reduces malware by 33%’ indicates that utilizing cybersecurity measures in cloud computing environments leads to a significant reduction in malware incidents by 33%. This suggests that cloud-based security solutions, such as firewalls, encryption, authentication mechanisms, and security monitoring tools, are effective in mitigating malware threats compared to traditional on-premises systems. By leveraging the cloud’s scalable infrastructure and advanced security features, organizations can better protect their data, applications, and networks from malicious software and cyber attacks, ultimately enhancing their overall cyber resilience and reducing the risk of malware infections.

Approximately around 94% of malware is delivered via email.

The statistic that approximately around 94% of malware is delivered via email suggests that the majority of malicious software, such as viruses, trojans, and ransomware, is distributed through email communication channels. This highlights the significance of email security measures in protecting individuals and organizations from cyber threats. Malware delivered through email can take various forms, including attachments, links, and phishing scams, making users vulnerable to cyberattacks. Therefore, it is crucial for individuals and businesses to implement robust email security protocols, such as spam filters, antivirus software, and user awareness training, to mitigate the risks associated with email-borne malware and safeguard sensitive information and systems.

51% of organizations experienced a cloud-based email threat in the past year.

The statistic “51% of organizations experienced a cloud-based email threat in the past year” indicates that more than half of organizations surveyed reported encountering a security threat related to their cloud-based email systems within the previous 12 months. This suggests that cloud-based email services are increasingly being targeted by cyber threats, potentially putting sensitive data, communication, and organizational operations at risk. It highlights the importance for organizations to prioritize cybersecurity measures, such as implementing robust email security protocols and training employees on best practices for identifying and mitigating email threats, to safeguard their digital assets and preserve data integrity.

73% of teams indicate the need for cloud-native security tools.

The statistic “73% of teams indicate the need for cloud-native security tools” suggests that a significant majority of teams (73 out of 100) recognize the importance of utilizing security tools specifically designed for cloud environments. This finding indicates a growing awareness among organizations regarding the unique security challenges posed by cloud computing and the necessity of deploying specialized tools to adequately protect sensitive data and systems. This statistic underscores the increasing emphasis on implementing cloud-native security measures to address evolving threats in the digital landscape and highlights the shifting priorities towards ensuring robust security protocols within cloud infrastructures.

92% of businesses report having a cloud service without their knowledge.

The statistic “92% of businesses report having a cloud service without their knowledge” suggests that a significant majority of businesses are unknowingly utilizing cloud services within their operations. This could indicate a lack of awareness or oversight regarding the technological tools being employed by these organizations. The statistic highlights a potential gap in data governance practices and underscores the importance of understanding and managing the digital infrastructure within a business environment to ensure security, compliance, and optimization of resources. Further investigation and implementation of transparent data tracking and management processes may be necessary to address this issue and enhance overall operational efficiency and security within these businesses.

79% of companies that move to the cloud reported significant IT savings and productivity benefits.

The statistic stating that 79% of companies that transitioned to the cloud reported significant IT savings and productivity benefits indicates a strong positive correlation between cloud adoption and improved efficiency within organizations. This finding suggests that moving operations to the cloud can lead to cost savings and increased productivity for the majority of companies. By leveraging cloud technology, businesses may experience streamlined processes, reduced infrastructure costs, and enhanced scalability, ultimately resulting in a more agile and competitive operation. This statistic highlights the potential advantages of embracing cloud computing as a strategic decision for companies looking to optimize their IT resources and drive business growth.

29% of organizations face 100,000+ cloud threats per day.

This statistic indicates that out of all the organizations surveyed, 29% reported experiencing over 100,000 cloud threats on a daily basis. Cloud threats refer to cybersecurity risks and vulnerabilities targeting cloud-based systems and data. This high frequency of threats highlights the significant and ongoing cybersecurity challenges faced by organizations when it comes to protecting their cloud environments. It underscores the importance of implementing robust security measures, such as encryption, access controls, monitoring, and threat detection systems, to defend against these constant threats and safeguard sensitive data stored in the cloud.

Insider threats account for almost 34% of all cyber security incidents.

The statistic that insider threats account for almost 34% of all cyber security incidents indicates that a significant percentage of data breaches and security incidents are caused by individuals within the organization. These insider threats can come from employees, contractors, or other trusted entities who have privileged access to the organization’s systems and data. Such incidents can range from accidental data leaks to intentional malicious actions, posing a serious risk to the organization’s sensitive information and assets. It highlights the importance of implementing robust security measures, including access controls, monitoring tools, and employee training programs, to mitigate the impact of insider threats and safeguard the organization’s digital assets.

83% of enterprise workloads will be in the cloud by 2021.

The statistic “83% of enterprise workloads will be in the cloud by 2021” indicates that a significant majority of workloads within business organizations will be hosted on cloud computing platforms rather than on-premises servers or traditional data centers by the year 2021. This transition to the cloud is driven by factors such as scalability, cost-efficiency, accessibility, and flexibility offered by cloud services. The statistic suggests that businesses are increasingly recognizing the benefits of migrating their workloads to the cloud to enhance operational efficiency, innovation, and competitiveness in the rapidly evolving digital landscape.

Misconfigured cloud servers lead to nearly 200 breaches, exposing over 30 billion records in 2020.

This statistic indicates that in the year 2020, nearly 200 security breaches occurred as a result of misconfigured cloud servers, ultimately leading to the exposure of over 30 billion records. Misconfigured cloud servers refer to instances where the settings and configurations of cloud-based systems are not properly secured, leaving them vulnerable to cyberattacks and unauthorized access. These breaches highlight the significant impact that inadequate security measures can have on the confidentiality and integrity of sensitive data stored in the cloud, emphasizing the importance of robust cybersecurity practices to safeguard digital assets and protect against data breaches.

Increasing cloud security can decrease the instances of cyber attacks by 27.4%.

The statistic indicates that there is a strong relationship between increasing cloud security measures and a decrease in the frequency of cyber attacks. Specifically, for every unit increase in cloud security measures implemented, there is a corresponding 27.4% reduction in the number of cyber attacks experienced. This suggests that investing in and enhancing cloud security protocols can significantly mitigate the risks posed by cyber threats and potentially enhance overall cybersecurity posture. Organizations that prioritize and allocate resources towards improving their cloud security infrastructure may experience fewer instances of cyber attacks and subsequently enhance their resilience against digital threats.

References

0. – https://www.www.verizon.com

1. – https://www.www.entrust.com

2. – https://www.www.riskbasedsecurity.com

3. – https://www.www.accenture.com

4. – https://www.www.ibm.com

5. – https://www.businessinsights.bitdefender.com

6. – https://www.www.symantec.com

7. – https://www.www.flexera.com

8. – https://www.www.microsoft.com

9. – https://www.www.logicmonitor.com

10. – https://www.www.av-test.org

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

12. – https://www.www.oracle.com

13. – https://www.www.proofpoint.com

14. – https://www.www2.deloitte.com

15. – https://www.www.centurylink.com

16. – https://www.cybersecurityventures.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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