GITNUX MARKETDATA REPORT 2024

Cybersecurity In The Defense Industry Statistics

The cybersecurity measures in the defense industry are expected to significantly increase, with 88% of organizations planning to increase their cybersecurity budgets over the next year.

Highlights: Cybersecurity In The Defense Industry Statistics

  • In 2020, North America held approximately 36.25% of the market share in the cybersecurity field for the defense industry globally.
  • The global defense cybersecurity market is projected to reach $43.9 billion by 2027.
  • Defense industry accounts for 7% of the total cybersecurity market.
  • Approximately 32% of defense contractors have reported cybersecurity attacks in the past.
  • In 2020, military intelligence was the largest segment in defense cybersecurity with 37% market share.
  • The defense sector will invest over $1 trillion globally in cybersecurity by 2030.
  • Incidence of cybersecurity breaches rose by around 67% in the defense sector in the past five years.
  • The average cost of a cyber attack in the defense industry was estimated to be about $1.9 million in 2019.
  • An estimated 56% of defense firms had a significant cybersecurity incident that went unnoticed for a month or more.
  • Artificial Intelligence in cybersecurity in defense is projected to expand at a CAGR of 26.2% from 2020 to 2027.
  • Approximately 43% of global defense entities are using cloud-based cybersecurity services.
  • By 2028, the global market size of IoT in defense cybersecurity is projected to reach $20 Billion.
  • Only 52% of defense organizations globally feel adequately prepared against a cyber attack.
  • Approximately 36% of defense industry cyber attacks were due to careless or unaware employees.

Our Newsletter

The Business Week In Data

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!

Table of Contents

Cybersecurity plays a crucial role in the defense industry, where the protection of sensitive information and critical infrastructure is of utmost importance. In this blog post, we will explore the latest statistics and trends related to cybersecurity in the defense sector, shedding light on the evolving landscape of threats and the efforts being made to safeguard against them.

The Latest Cybersecurity In The Defense Industry Statistics Explained

In 2020, North America held approximately 36.25% of the market share in the cybersecurity field for the defense industry globally.

In 2020, North America dominated the cybersecurity market share for the defense industry worldwide, holding roughly 36.25%. This statistic indicates that North America had a significant presence and influence in the cybersecurity sector within the defense industry compared to other regions. The high market share suggests that North American companies and organizations in the cybersecurity field were leaders in providing solutions and services for defense-related cyber threats. This data underscores the importance of North America as a major player in cybersecurity technologies and highlights its strong position in safeguarding defense systems against cyber threats on a global scale in 2020.

The global defense cybersecurity market is projected to reach $43.9 billion by 2027.

The statistic states that the global defense cybersecurity market is expected to grow and reach a total value of $43.9 billion by the year 2027. This projection indicates a significant increase in the demand for cybersecurity solutions within the defense sector over the next few years. The rising threat of cyber attacks on defense systems and sensitive data, as well as the increasing digitization of military operations, are likely driving this market growth. As governments and military organizations prioritize enhancing their cybersecurity defenses to protect national security interests, investment in cybersecurity technologies and services within the defense industry is expected to continue to rise.

Defense industry accounts for 7% of the total cybersecurity market.

The statistic “Defense industry accounts for 7% of the total cybersecurity market” indicates that out of the entire cybersecurity market, which encompasses products and services related to protecting computer systems and networks from cyber threats, the defense industry specifically contributes to 7% of the market share. This suggests that the defense sector, including government agencies and contractors focused on national security, plays a significant role in investing in cybersecurity solutions to protect sensitive information and critical infrastructure from cyber attacks. This statistic highlights the importance of cybersecurity within the defense industry and underscores the substantial allocation of resources towards safeguarding defense-related systems and data.

Approximately 32% of defense contractors have reported cybersecurity attacks in the past.

The statistic ‘Approximately 32% of defense contractors have reported cybersecurity attacks in the past’ conveys that a significant portion of defense contractors have experienced security breaches targeting their digital systems. This information indicates a concerning vulnerability within the defense industry, potentially leading to compromised sensitive information, intellectual property theft, or disruption of operations. The high percentage suggests that cybersecurity threats are prevalent and pose a substantial risk to defense contractors, highlighting the importance of investing in robust cybersecurity measures to protect against these attacks and safeguard critical assets and information.

In 2020, military intelligence was the largest segment in defense cybersecurity with 37% market share.

The statistic indicates that in the year 2020, the segment of military intelligence comprised the largest portion of the defense cybersecurity market, accounting for 37% of the total market share. This suggests that a significant proportion of resources, both in terms of budget allocation and focus on cybersecurity initiatives, were directed towards enhancing the security of military intelligence operations within the defense sector. The prominence of military intelligence in cybersecurity may reflect the strategic importance placed on safeguarding sensitive information and national security interests. This statistic highlights the prioritization of cybersecurity measures within the defense sector, particularly in safeguarding military intelligence assets against potential threats and cyber attacks.

The defense sector will invest over $1 trillion globally in cybersecurity by 2030.

The statistic “The defense sector will invest over $1 trillion globally in cybersecurity by 2030” indicates the projected significant financial commitment of the defense industry towards bolstering cybersecurity measures over the next decade. With the increasing frequency and sophistication of cyber threats, governments and defense organizations are prioritizing investments in advanced technologies, training, and infrastructure to protect sensitive information, critical infrastructure, and national security interests. This substantial investment highlights the recognition of cybersecurity as a crucial component in the modern defense landscape and underscores the ongoing efforts to stay ahead of evolving cyber threats and safeguard digital assets on a global scale.

Incidence of cybersecurity breaches rose by around 67% in the defense sector in the past five years.

The statistic suggests that the frequency of cybersecurity breaches within the defense sector has increased significantly over the past five years, with a rise of approximately 67%. This indicates a concerning trend of growing vulnerability to cyber threats within government defense organizations, potentially exposing sensitive and classified information to unauthorized access. The sharp increase in cybersecurity incidents highlights the importance of implementing robust security measures and investing in advanced technologies to safeguard critical defense infrastructure and data from cyberattacks in order to mitigate risks and protect national security interests.

The average cost of a cyber attack in the defense industry was estimated to be about $1.9 million in 2019.

In 2019, the average cost of a cyber attack in the defense industry was estimated to be around $1.9 million. This statistic represents the financial impact that cyber attacks had on organizations within the defense industry, including costs related to remediation, recovery, and potential loss of sensitive information. The high average cost highlights the significant financial burden that cyber attacks can impose on organizations in the defense sector, emphasizing the importance of investing in robust cybersecurity measures to protect sensitive data and infrastructure. This statistic serves as a key indicator of the potential financial consequences of cyber threats in the defense industry and underscores the critical need for proactive cybersecurity strategies to mitigate these risks.

An estimated 56% of defense firms had a significant cybersecurity incident that went unnoticed for a month or more.

The statistic that an estimated 56% of defense firms had a significant cybersecurity incident that went unnoticed for a month or more highlights a concerning vulnerability within the defense industry. This suggests that a majority of defense firms may not have adequate monitoring systems in place to promptly detect and address cybersecurity threats, leaving them susceptible to potential breaches and data security compromises. Such incidents could have serious repercussions not only in terms of compromised sensitive information but also in terms of national security implications. This statistic underscores the pressing need for defense firms to prioritize investing in robust cybersecurity measures and proactive monitoring mechanisms to mitigate the risks posed by cyber threats effectively.

Artificial Intelligence in cybersecurity in defense is projected to expand at a CAGR of 26.2% from 2020 to 2027.

This statistic indicates the projected Compound Annual Growth Rate (CAGR) of Artificial Intelligence implementation in cybersecurity within the defense sector from 2020 to 2027. A CAGR of 26.2% suggests a substantial annual growth rate in the adoption of AI technology for enhancing cybersecurity measures. This growth rate signifies that there is increasing recognition of the potential benefits of AI in strengthening defense systems against cyber threats. The projection points towards a significant shift towards incorporating AI-driven solutions to enhance the ability of defense organizations to identify, prevent, and respond to cyberattacks effectively. The consistent growth at this rate over the specified period demonstrates a rising demand for AI cybersecurity solutions in the defense industry.

Approximately 43% of global defense entities are using cloud-based cybersecurity services.

The statistic “Approximately 43% of global defense entities are using cloud-based cybersecurity services” indicates that a significant portion of defense organizations worldwide have adopted cloud-based solutions for their cybersecurity needs. This suggests a growing trend in the defense sector towards leveraging cloud technology to enhance their security measures. Cloud-based cybersecurity services offer numerous benefits such as scalability, flexibility, and cost-effectiveness, which may explain why a substantial number of defense entities have chosen to implement them. This statistic highlights the increasing recognition within the defense industry of the importance and advantages of cloud-based cybersecurity solutions in addressing modern cyber threats.

By 2028, the global market size of IoT in defense cybersecurity is projected to reach $20 Billion.

This statistic indicates that the global market size of Internet of Things (IoT) in defense cybersecurity is estimated to grow significantly by the year 2028, reaching $20 billion. The increase in market size reflects a growing recognition and implementation of IoT technologies within the defense sector to enhance cybersecurity measures. As governments and defense organizations worldwide continue to invest in IoT solutions to safeguard their sensitive data and infrastructure, the market for IoT in defense cybersecurity is expected to expand rapidly over the coming years, providing opportunities for companies operating in this space to capitalize on the growing demand for advanced cybersecurity solutions tailored for defense applications.

Only 52% of defense organizations globally feel adequately prepared against a cyber attack.

The statistic mentioned indicates that a majority of defense organizations around the world, specifically 52%, do not feel sufficiently prepared to defend against a cyber attack. This level of preparedness is concerning given the increasing frequency and complexity of cyber threats targeting both public and private sector entities. Lacking adequate preparation against cyber attacks puts defense organizations at a higher risk of data breaches, operational disruptions, and potentially severe consequences for national security. This finding underscores the urgent need for defense organizations to enhance their cybersecurity capabilities, invest in robust defense mechanisms, and prioritize cybersecurity awareness and training programs to better protect sensitive information and critical infrastructure.

Approximately 36% of defense industry cyber attacks were due to careless or unaware employees.

The statistic suggests that within the defense industry, a significant proportion of cyber attacks, specifically around 36%, can be attributed to actions or oversights by employees who are either careless or unaware of proper cybersecurity practices. This highlights the importance of employee training and awareness programs within defense companies to mitigate the risk of cyber threats. It also underscores the need for robust cybersecurity protocols and measures to protect sensitive data and critical infrastructure from potential breaches that could be facilitated by internal vulnerabilities. By addressing this issue through targeted training, companies can enhance their overall cyber resilience and safeguard against potential security breaches originating from within their own workforce.

References

0. – https://www.www.accenture.com

1. – https://www.securityintelligence.com

2. – https://www.www.mckinsey.com

3. – https://www.www.ponemon.org

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

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

6. – https://www.www.alliedmarketresearch.com

7. – https://www.www.mordorintelligence.com

8. – https://www.www.secureworldexpo.com

9. – https://www.www.prnewswire.com

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

11. – 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.

Table of Contents

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!