The Latest Cybersecurity In The Hospitality Industry Statistics Explained
Symantec found in 2018 that one in every 13 URL requests from hospitality industry leads to malware.
The statistic from Symantec in 2018 indicates that within the hospitality industry, there is a significant risk of encountering malware while browsing the internet. Specifically, out of every 13 URL requests made by individuals or organizations in the hospitality sector, one is connected to or leads to malicious software. This finding highlights the prevalence of cyber threats targeting the hospitality industry, posing a substantial risk to the cybersecurity of businesses and individuals within this sector. Consequently, it underscores the importance of implementing robust cybersecurity measures and vigilance in online activities to mitigate the potential impact of malware attacks.
64% of US travelers say they do not believe that hotels are investing enough into cybersecurity systems according to a Morphisec study.
The statistic states that 64% of US travelers surveyed in a Morphisec study indicated that they do not believe hotels are adequately investing in cybersecurity systems. This suggests a lack of confidence among travelers in the ability of hotels to protect their personal information and data from cyber threats. With the growing number of cyber attacks targeting the hospitality industry, this statistic highlights a potential gap in cybersecurity measures that could put travelers’ sensitive information at risk. It underscores the importance for hotels to prioritize and invest in robust cybersecurity systems to protect their customers’ data and maintain trust in the industry.
In a 2020 survey, 78% of hospitality and leisure operators identified cybersecurity as a business risk.
In the context of a 2020 survey, the statistic that 78% of hospitality and leisure operators identified cybersecurity as a business risk indicates that a significant majority of businesses in the industry recognize the threat posed by potential cyber attacks and data breaches. This statistic suggests that these operators are aware of the vulnerabilities within their systems and operations, prompting them to prioritize cybersecurity measures to protect their business and customer information. The high percentage reflects a growing concern and awareness within the hospitality and leisure sector about the importance of safeguarding sensitive data and ensuring the resilience of their digital infrastructure against cyber threats.
Kaspersky Lab’s solutions blocked attempts to launch one or more types of malware designed to steal money from bank accounts on the computers of 446,744 users.
The statistic provided indicates that Kaspersky Lab’s cybersecurity solutions successfully prevented malware designed to steal money from bank accounts from infecting the computers of 446,744 users. This suggests that a significant number of individuals were potentially targeted by cybercriminals attempting to steal financial information, but were protected by Kaspersky’s software. The statistic highlights the importance of having robust cybersecurity measures in place to safeguard personal and financial data against malicious threats, ultimately helping users avoid falling victim to online scams and fraud.
As per a study done by Zogby Analytics, 70% of businesses said an increase in cybersecurity threats drove their technology modernization efforts.
The statistic from a study conducted by Zogby Analytics reveals that a substantial 70% of businesses attribute the driving force behind their efforts to modernize technology to an increase in cybersecurity threats. This finding indicates that the rise in cyber threats has prompted a significant response from businesses, compelling them to enhance their technological capabilities in order to mitigate risks and safeguard their data and systems. The high percentage of businesses linking cybersecurity threats to technology modernization underscores the critical importance of prioritizing cybersecurity measures as part of overall business strategy and decision-making processes in today’s increasingly digital and interconnected landscape.
Cybersecurity Ventures predicts global cybercrime costs will grow by 15% per year over the next five years, reaching $10.5 trillion USD annually by 2025, up from $3 trillion USD in 2015.
The statistic from Cybersecurity Ventures projects that the global costs of cybercrime are expected to increase at a rate of 15% per year for the next five years, resulting in a total annual cost of $10.5 trillion USD by the year 2025. This represents a significant escalation from the $3 trillion USD recorded in 2015. The forecast suggests that cybercrime is becoming increasingly pervasive and costly, posing a growing threat to individuals, businesses, and governments worldwide. The exponential growth in cybercrime costs underscores the urgent need for enhanced cybersecurity measures and vigilance to mitigate risks and protect against cyber attacks.
A Sharp Instinct survey of 40 top hotels in the US found that only three of them were secure.
The statistic from a Sharp Instinct survey of 40 top hotels in the US revealing that only three of them were secure suggests a concerning trend in the hospitality industry in terms of safety and security measures. With security being a critical aspect of the hotel experience for guests, this finding raises alarm bells about the potential vulnerabilities and risks that guests might face when staying at these establishments. The low proportion of secure hotels indicates that there is a significant gap in the industry’s overall security standards, underscoring the need for a comprehensive review and enhancement of security protocols across the board to ensure the safety and well-being of guests.
The 2020 Cost of a Data Breach report by Ponemon Institute states a data breach in the hospitality industry costs on average $1.75 million.
The statistic from the 2020 Cost of a Data Breach report by Ponemon Institute indicates that, on average, a data breach in the hospitality industry incurs costs amounting to $1.75 million. This figure encompasses various expenses associated with a data breach, such as investigation and resolution, notification of affected individuals, potential legal fees, regulatory fines, and damage to the company’s reputation. The high cost highlights the substantial financial impact that data breaches can have on organizations in the hospitality sector and underscores the importance of investing in robust cybersecurity measures to prevent such incidents.
A report it was found that 64% of hotels leverage a managed security service to deal with cybersecurity threats.
The statistic indicates that, based on a report, approximately 64% of hotels utilize a managed security service to address cybersecurity threats. This suggests that a majority of hotels prioritize and actively invest in safeguarding their digital infrastructure against potential cyber attacks and data breaches. By leveraging managed security services, hotels are likely to benefit from specialized expertise, advanced technologies, and round-the-clock monitoring and support to enhance their overall cybersecurity posture. This proactive approach may help mitigate risks, protect sensitive guest information, and uphold the trust and reputation of the hotels in an increasingly digital and interconnected landscape.
Almost 90% of cyberattacks in the hospitality industry involve Point-Of-Sale intrusions as per the Verizon Data Breach Report.
The statistic presented indicates that a significant majority, specifically almost 90%, of cyberattacks targeting businesses in the hospitality industry involve intrusions at the Point-of-Sale (POS) systems. This statistic is based on data from the Verizon Data Breach Report, which is a reputable source in the field of cybersecurity. POS intrusions refer to cybercriminals gaining unauthorized access to the payment systems used by businesses to process transactions. This statistic highlights the vulnerability of the hospitality industry to cyber threats, emphasizing the importance of implementing robust security measures to safeguard customer data and prevent financial loss due to cyberattacks.
Cybercriminals spend an average of 200 days within a network before they’re detected, according to ZDNet.
This statistic indicates that cybercriminals, on average, remain undetected within a network for a significant period of time, specifically around 200 days. This lengthy dwell time allows cyber attackers to move laterally within the network, access sensitive data, and potentially carry out malicious activities without being noticed by security systems. The prolonged presence of cybercriminals within a network underscores the importance of robust cybersecurity measures and proactive detection mechanisms to reduce the likelihood of successful cyber attacks and minimize the potential damage they can cause. Organizations need to invest in sophisticated cybersecurity tools, regular security assessments, and employee training to enhance their ability to detect and respond to threats in a timely manner.
Cyberattack can cost a hotel nearly $200 per room, according to a University of Maryland report.
The statistic stating that a cyberattack can cost a hotel nearly $200 per room, as reported by the University of Maryland, highlights the financial impact that such security breaches can have on the hospitality industry. This statistic suggests that cyberattacks targeting hotel systems can result in substantial monetary losses for the organization, potentially leading to significant expenses to restore systems, investigate the breach, compensate affected individuals, and mitigate reputational damage. The high cost per room emphasizes the need for hotels to invest in robust cybersecurity measures to protect sensitive guest information and prevent financial losses resulting from cyber incidents.
A study by Ponemon Institute found that the average time to identify a breach in 2020 was 207 days.
The statistic from the study by Ponemon Institute indicates that, on average, organizations took approximately 207 days to identify that a breach had occurred in 2020. This means that from the time a security incident occurred to when it was actually recognized, there was a considerable delay. The length of time it takes to identify a breach is crucial because the longer it goes undetected, the greater the potential impact in terms of data exposure, financial losses, and damage to reputation. Organizations need to focus on improving their detection and response capabilities to minimize the impact of cybersecurity incidents.
According to a Bromium report, cybercrime profits are estimated to reach about $1.5 trillion per year.
The statistic from the Bromium report indicates that the profits generated by cybercrime activities are projected to reach a staggering $1.5 trillion annually. This figure underscores the significant financial scale of cybercrime and highlights the substantial impact it has on global economies and businesses. It portrays the growing threat posed by cybercriminals who exploit vulnerabilities in digital systems to engage in malicious activities for financial gains. Such a high estimate serves as a stark reminder of the increasing need for robust cybersecurity measures and awareness to combat cyber threats effectively and protect individuals and organizations from potential financial losses and data breaches.
References
0. – https://www.cybersecurityventures.com
1. – https://www.www2.deloitte.com
2. – https://www.hospitalitytech.com
3. – https://www.www.bromium.com
4. – https://www.www.symantec.com
5. – https://www.www.verizon.com
6. – https://www.www.morphisec.com
7. – https://www.www.travelinglifestyle.net
8. – https://www.www.ibm.com
9. – https://www.www.rhsmith.umd.edu
10. – https://www.www.zdnet.com
11. – https://www.securelist.com
12. – https://www.www.forbes.com
