Cybersecurity In The Esg Industry Statistics

In this blog post, we will explore the critical landscape of cybersecurity within the ESG industry, shedding light on key statistics and insights that highlight the evolving challenges and priorities in this sector. From the increasing prevalence of cyber threats to the mounting financial implications of cyber crimes, we delve into the statistics that underscore the urgent need for robust cybersecurity measures and proactive risk management strategies among ESG professionals.

Statistic 1

"63% of respondents in the global ESG industry view cyber threats as their top concern."

Statistic 2

"In 2020, cyber crimes cost the world almost $1 trillion, a more than 50% increase from 2018."

Statistic 3

"Approximately 69% of ESG professionals consider cybersecurity as an important factor in their investment decision-making process."

Statistic 4

"1 in 3 organisations experienced a cyber incident during 2020."

Statistic 5

"77% of ESG companies said that their organization’s cybersecurity practices are not up to standard."

Statistic 6

"ESG executives see cybersecurity risk as a major threat, with up to 72% of companies reported to be planning to increase their cybersecurity budgets."

Statistic 7

"By the end of 2021, spending on cybersecurity within the ESG industry is predicted to exceed $137 billion."

Statistic 8

"In 2020, mobile malware scans increased by 25%, with the ESG industry being significantly affected."

Statistic 9

"Up to 70% of ESG companies are implementing additional cybersecurity measures due to the Covid-19 pandemic."

Statistic 10

"Nearly 15% of the global ESG industry had experienced a data breach in the past year."

Statistic 11

"By the end of 2021, the average cost of a data breach in the ESG sector could hit $4.24 million."

Statistic 12

"Around 40% of ESG companies admitted they had failed to inform their customers about the risk of a data breach."

Statistic 13

"More than 50% of ESG professionals believe their organizations have clear policies and procedures in place for cybersecurity."

Statistic 14

"The ESG industry experienced a nearly 300% increase in cyberattacks during the COVID-19 pandemic."

Statistic 15

"Almost 68% of ESG companies' employees have not received adequate training to prevent cyber threats."

Statistic 16

"Less than half of ESG companies (about 49%) have a designated person or team responsible for cybersecurity."

Statistic 17

"Only 4% of cyber breaches were "Secure Breaches", i.e., breaches where the data was encrypted, and therefore, rendered useless after the breach in ESG companies."

Given the alarming statistics surrounding cybersecurity in the ESG industry, it is evident that organizations within this sector are facing significant threats and challenges in safeguarding their data and systems. With a majority of respondents citing cyber threats as their top concern, coupled with the increasing occurrence and costs of cyber crimes, it is crucial for ESG professionals to prioritize cybersecurity in their decision-making processes. The high number of cyber incidents, coupled with a lack of adherence to cybersecurity best practices and inadequate employee training, signify the urgent need for enhanced cybersecurity measures and investments. As organizations gear up to increase their cybersecurity budgets and implement additional measures, the predicted rise in cybersecurity spending for the ESG industry highlights the growing recognition of the importance of mitigating cyber risks in this sector. The statistics serve as a stark reminder for ESG companies to bolster their cybersecurity defenses and ensure proactive measures are in place to address the escalating threat landscape.