GITNUX MARKETDATA REPORT 2024

Cybersecurity In The Photography Industry Statistics

Cyber attacks in the photography industry have been increasing, with ransomware being the most common type of attack, posing a significant threat to businesses and data security.

Highlights: Cybersecurity In The Photography Industry Statistics

  • The cybersecurity market worldwide is projected to reach up to $345.4 billion by 2026.
  • By 2025, US data loss/cybersecurity industry could reach 17.6 billion, affecting every industry, including photography.
  • The average time to identify and contain a breach was 280 days in 2020, impacting business operations like photography that depend heavily on digital assets.
  • $6 trillion is expected to be spent globally on cybersecurity by 2021.
  • By 2021, there were expected to be at least 3.5 million unfilled cybersecurity jobs globally
  • 96% of photographers experienced image theft online in the last 12 months, a key cybersecurity concern.
  • About 67.8% of photographers reported to Pixsy that their images were used commercially without their consent.
  • The professional photography market in the U.S. alone is worth $10 billion.
  • The rates of unlicensed image use globally increased by 5% during 2020, posing a cyber security threat.

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The Latest Cybersecurity In The Photography Industry Statistics Explained

The cybersecurity market worldwide is projected to reach up to $345.4 billion by 2026.

The statistic that the cybersecurity market worldwide is projected to reach up to $345.4 billion by 2026 reflects the anticipated growth and significance of the cybersecurity industry in the coming years. With the increasing prevalence of cyber threats and the growing reliance on digital technologies across various sectors, organizations are expected to continue investing heavily in cybersecurity solutions to protect their data and systems. This projected market size highlights the increasing demand for cybersecurity products and services, as well as the recognition of cybersecurity as a critical aspect of business operations in the face of evolving cyber risks.

By 2025, US data loss/cybersecurity industry could reach 17.6 billion, affecting every industry, including photography.

The statistic indicates that by the year 2025, the data loss and cybersecurity industry in the United States is projected to grow to a value of $17.6 billion. This growth is expected to have a significant impact on various sectors, including photography, as it mentions that every industry will be affected. This suggests that the photography industry, along with others, will need to address cybersecurity concerns to protect sensitive data and intellectual property from potential breaches. The substantial projected value of the industry underscores the increasing importance and urgency of cybersecurity measures for organizations across different sectors in the face of growing threats to data security.

The average time to identify and contain a breach was 280 days in 2020, impacting business operations like photography that depend heavily on digital assets.

This statistic highlights the concerning average time it took organizations to identify and contain a breach in 2020, totaling 280 days. This extended timeframe suggests a significant lag in response efforts, leaving ample opportunity for cyber attackers to exploit vulnerabilities and perpetuate damage. The impact on business operations, specifically within industries heavily reliant on digital assets like photography, is particularly noteworthy as prolonged breaches can lead to data loss, financial repercussions, reputational damage, and disrupted services. Addressing such vulnerabilities and improving response times are critical to enhancing cybersecurity resilience and safeguarding digital assets in today’s increasingly interconnected and digitized business landscape.

$6 trillion is expected to be spent globally on cybersecurity by 2021.

This statistic indicates that a significant amount of financial resources, estimated at $6 trillion, is projected to be allocated towards enhancing cybersecurity measures on a global scale by the year 2021. The increasing reliance on digital technologies, coupled with the rising frequency and sophistication of cyber threats, has prompted organizations and governments worldwide to prioritize cybersecurity investments in order to safeguard their sensitive data and operations. This substantial financial commitment highlights the growing recognition of the critical importance of adequately protecting against cyber threats and ensuring the resilience of digital infrastructures in the face of evolving security challenges.

By 2021, there were expected to be at least 3.5 million unfilled cybersecurity jobs globally

The statistic that by 2021 there were expected to be at least 3.5 million unfilled cybersecurity jobs globally indicates a significant shortage of qualified professionals in the cybersecurity field. This shortage reflects the increasing demand for skilled cybersecurity experts as organizations across various industries seek to protect their sensitive data and systems from cyber threats. The gap between the number of available cybersecurity professionals and the growing need for their services highlights a pressing issue in today’s digital age. Addressing this shortage is crucial to strengthening global cybersecurity defenses and safeguarding vital information from potential cyber attacks.

96% of photographers experienced image theft online in the last 12 months, a key cybersecurity concern.

The statistic that 96% of photographers experienced image theft online in the last 12 months indicates a prevalent and alarming issue in the photography industry, emphasizing the widespread occurrence of intellectual property violations. Image theft online poses a significant cybersecurity concern as it reflects the ease at which unauthorized individuals can access and misuse digital content without the creators’ consent, potentially leading to financial losses and reputational damage for photographers. This high percentage highlights the urgent need for increased awareness, protection measures, and enforcement of copyright laws to safeguard photographers’ creative work in the digital age.

About 67.8% of photographers reported to Pixsy that their images were used commercially without their consent.

The statistic that about 67.8% of photographers reported to Pixsy that their images were used commercially without their consent implies a significant prevalence of copyright infringement within the photography industry. This finding suggests that a substantial portion of photographers experience their work being used for commercial purposes without proper authorization, potentially leading to lost income, recognition, and control over their creative content. Such unauthorized usage not only violates the photographers’ intellectual property rights but also underscores the importance of copyright protection and enforcement to safeguard the interests and rights of creative professionals in the realm of photography.

The professional photography market in the U.S. alone is worth $10 billion.

The statistic that the professional photography market in the U.S. is worth $10 billion indicates the total economic value of the industry within the country. This figure encompasses all revenue generated by professional photographers, photography studios, equipment manufacturers, photo editing services, and related businesses. The market size reflects the demand for professional photography services across various sectors such as fashion, weddings, events, commercial advertising, and personal portraits. This statistic highlights the significant economic contribution of the photography industry to the U.S. economy and underscores the importance of photography as both an art form and a thriving business sector.

The rates of unlicensed image use globally increased by 5% during 2020, posing a cyber security threat.

The statistic indicates that globally, the rates of unlicensed image use saw a 5% increase in 2020. This rise in unauthorized image usage poses a significant cyber security threat as it can lead to copyright infringement, potential lawsuits, and compromised data security. Unlicensed image use not only violates intellectual property rights but also puts individuals and organizations at risk of malware and phishing attacks through the use of unauthorized images. This increase in unlicensed image use highlights the importance of implementing robust cyber security measures, such as using licensed images or obtaining proper permissions, to safeguard against potential threats and legal consequences.

References

0. – https://www.www.cybersecurityventures.com

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

2. – https://www.www.ibm.com

3. – https://www.cybersecurityventures.com

4. – https://www.www.berify.com

5. – https://www.www.pixsy.com

6. – https://www.www.ibisworld.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.

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