GITNUX MARKETDATA REPORT 2024

Cybersecurity In The Ecommerce Industry Statistics

The number of cyber attacks in the ecommerce industry is expected to increase, with an estimated 45% of online retailers experiencing a data breach in the next year.

Statistic 1

"It is estimated that by 2023, cybercriminals will be stealing 33 billion records a year."

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Statistic 2

"The average cost of a data breach for companies is $3.92 million as of 2019."

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"80% of the data breaches in 2020 involved customer PII (personally identifiable information)."

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"E-commerce fraud increased by nearly 30% in 2017 alone."

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Statistic 5

"Credit card fraud was the most common type of identity theft in 2019."

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"76% of businesses reported being a victim of a phishing attack in the last year."

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"73% of black hat hackers said traditional firewall and antivirus security is irrelevant or obsolete."

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"By 2021, it's estimated that cybercrime will cost the world $6.1 trillion annually."

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"While 95% of data breaches have causes that could be blamed on human error, only 5% of company folders are properly protected."

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Statistic 10

"A business will fall victim to a ransomware attack every 14 seconds by 2021."

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Statistic 11

"In 2018, $1.48 billion was lost to cyber thefts in the ecommerce sector."

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Statistic 12

"The US ecommerce retail suffers a loss of approximately $6.7 billion due to cyber attacks annually."

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Statistic 13

"Nearly 62% of businesses admitted that they’ve experienced phishing and social engineering attacks in 2018."

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Statistic 14

"In 2020, 67% of ecommerce businesses admitted to facing an increased threat of phishing attacks."

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Statistic 15

"One in every 10 user-reported emails, in ecommerce businesses, is confirmed as malicious."

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