The Latest Cybersecurity In The Cre Industry Statistics Explained
In 2019, Data breaches exposed 4.1 billion records in the first half of the year.
The statistic that in 2019, data breaches exposed 4.1 billion records in the first half of the year indicates a concerning trend of widespread digital security vulnerabilities. This figure underscores the increasing threats posed by cyberattacks and highlights the need for robust cybersecurity measures to protect sensitive information. The scale of the data breaches suggests that organizations across various sectors may be at risk of data exposure and compromise, potentially resulting in severe consequences such as identity theft, financial losses, and reputational damage. This statistic serves as a stark reminder of the importance of prioritizing data security and implementing effective strategies to safeguard valuable information from malicious intrusions.
According to a survey by Deloitte, 75% of commercial real estate executives acknowledged that their organization is not prepared for a cyberattack.
The statistic, based on a survey conducted by Deloitte, reveals that a significant majority of commercial real estate executives, specifically 75%, admit that their organizations are not adequately prepared for a potential cyberattack. This finding highlights a concerning lack of readiness and awareness within the commercial real estate sector, indicating potential vulnerabilities to cyber threats. The acknowledgment from such a high percentage of executives underscores the urgent need for enhanced cybersecurity measures and proactive strategies to mitigate the risks associated with cyberattacks in the commercial real estate industry.
The cybersecurity market was valued at USD 156.24 billion in 2019 and is expected to reach USD 352.25 billion by 2026.
This statistic illustrates the significant growth expected in the cybersecurity market from 2019 to 2026, indicating a substantial increase in market value from USD 156.24 billion to USD 352.25 billion during this time period. The impressive growth forecasts are likely driven by the rising number and sophistication of cyber threats, prompting organizations across various industries to prioritize their cybersecurity strategies and investments. This trend suggests an increasing recognition of the importance of cybersecurity in safeguarding sensitive data and mitigating potential risks, as well as the expanding market opportunities for cybersecurity solutions and services providers.
43% of cyber attacks target small businesses, which could include smaller real estate firms and property managers.
The statistic that 43% of cyber attacks target small businesses, including smaller real estate firms and property managers, highlights a concerning trend in the realm of cybersecurity. Small businesses are increasingly becoming attractive targets for cyber criminals due to factors such as limited resources for implementing robust cybersecurity measures and a perception that they may be easier to breach compared to larger corporations. The implications of this statistic are significant as small businesses often handle sensitive customer and financial data, making them vulnerable to data breaches and potential financial losses. It underscores the importance of small businesses investing in cybersecurity defenses and implementing best practices to protect their systems and data from malicious cyber threats.
Only 38% of global organizations claim they’re prepared to handle a sophisticated cyber attack.
The statistic indicates that a relatively low percentage, only 38%, of global organizations feel confident in their capabilities to effectively respond to a sophisticated cyber attack. This suggests that a significant majority of organizations may not have the necessary measures in place to adequately protect their systems and data from advanced cyber threats. This lack of preparedness can leave organizations vulnerable to potential data breaches, financial losses, and reputational damage. It underscores the importance of investing in cybersecurity resources and strategies to enhance defenses against increasingly sophisticated cyber threats in today’s digital landscape.
Accenture reports that the average cost of cyber crime for the real estate industry was $2.4 million per company in 2018.
This statistic from Accenture indicates that, on average, real estate companies incurred a cost of $2.4 million each due to cybercrime in 2018. This cost likely includes expenses related to detecting and mitigating cyber attacks, as well as potential damages such as financial losses or reputational harm. The significant financial impact of cybercrime highlights the importance for real estate firms to invest in robust cybersecurity measures to protect their digital assets and sensitive information from malicious actors. By understanding the average cost of cybercrime in the industry, companies can better assess the potential risks and allocate resources effectively to prevent and respond to cybersecurity threats.
There are around 24,000 malicious mobile applications blocked every day.
The statistic “There are around 24,000 malicious mobile applications blocked every day” indicates the significant and ongoing threat posed by malicious apps in the mobile ecosystem. This high number highlights the scale of the issue and the constant vigilance required by cybersecurity experts to protect mobile users from potential risks like data theft, malware infections, and privacy breaches. The statistic underscores the critical need for robust security measures, continuous monitoring, and rapid response strategies to detect and mitigate these threats effectively in order to safeguard mobile users and their sensitive information.
The global value of Internet of Things (IoT) technology in the real estate market was approximately USD 8.9 billion in 2020.
The statistic stating that the global value of Internet of Things (IoT) technology in the real estate market was approximately USD 8.9 billion in 2020 indicates the significant economic impact and growing use of IoT technology within the real estate industry. This figure represents the total monetary value attributed to the integration of IoT devices and systems in various real estate applications such as smart buildings, automated security systems, energy management, and smart home technologies. The substantial value highlights the increasing adoption of IoT solutions by real estate companies to enhance operational efficiency, improve tenant experiences, and optimize asset management. The continued growth in IoT expenditure within the real estate market suggests a trend towards further technological advancements and innovations within the industry.
Small businesses are targeted in 43% of cyberattacks.
The statistic “Small businesses are targeted in 43% of cyberattacks” indicates that a significant portion of cyberattacks are directed towards small businesses as opposed to larger corporations or organizations. This implies that small businesses are particularly vulnerable to cyber threats and are more likely to be victims of cybercrime. The high percentage of cyberattacks targeting small businesses underscores the importance of cybersecurity measures for these entities to safeguard their sensitive data, financial resources, and overall operations from potential malicious activities in the increasingly digital landscape. This statistic serves as a warning to small businesses to prioritize cybersecurity practices and invest in protective measures to mitigate the risks posed by cyber threats.
A joint report by Capgemini and Efma revealed that 68% of respondents agreed that using IoT is essential for the success of any organization.
The statistic states that 68% of respondents in a joint report by Capgemini and Efma agreed that utilizing the Internet of Things (IoT) is crucial for the success of any organization. This indicates a significant majority of participants recognize the importance of integrating IoT technology into their operations for achieving success. The high agreement among respondents suggests a growing recognition of the potential benefits and advantages that IoT can bring to organizations, such as improving efficiency, enhancing decision-making processes, and enabling innovative products and services. This statistic underscores the increasing role that IoT is playing in shaping the strategies and operations of businesses in various industries, highlighting a shift towards embracing technology-driven solutions to drive success and competitiveness.
References
0. – https://www.www.accenture.com
1. – https://www.www.cisco.com
2. – https://www.www.capgemini.com
3. – https://www.www.csoonline.com
4. – https://www.www.symantec.com
5. – https://www.www.globenewswire.com
6. – https://www.www.cybintsolutions.com
7. – https://www.www2.deloitte.com
8. – https://www.www.mordorintelligence.com
9. – https://www.www.varonis.com
