GITNUX MARKETDATA REPORT 2024

Cybersecurity In The Steel Industry Statistics

The steel industry experienced a significant increase in cyber attacks, with a 156% rise in incidents reported from 2019 to 2020.

Highlights: Cybersecurity In The Steel Industry Statistics

  • Since COVID, the FBI has reported a 300% increase in reported cyber crimes.
  • Only 5% of companies' folders are properly protected, on average.
  • The global cyber security market is projected to reach $248.26 billion by 2023.
  • Data breaches exposed 4.1 billion records in the first half of 2019.

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The Latest Cybersecurity In The Steel Industry Statistics Explained

Since COVID, the FBI has reported a 300% increase in reported cyber crimes.

The statistic “Since COVID, the FBI has reported a 300% increase in reported cyber crimes” indicates a significant rise in cyber criminal activities during the period of the COVID-19 pandemic. This statistic suggests that there has been a threefold increase in the number of reported cyber crimes, as compared to the pre-COVID period. The increase in reported cyber crimes may be attributed to various factors such as the shift towards remote work and increased online activity, providing more opportunities for cybercriminals to exploit vulnerabilities. The FBI’s reporting of such a substantial increase underscores the importance of cybersecurity measures in protecting individuals and organizations from online threats during times of crisis.

Only 5% of companies’ folders are properly protected, on average.

The statistic ‘Only 5% of companies’ folders are properly protected, on average’ indicates that a small proportion of companies have adequate security measures in place to protect their electronic folders. This statistic suggests that the majority of companies may be at risk of unauthorized access, data breaches, or other security incidents due to insufficient protection of their digital files. Companies that do not prioritize folder protection may be vulnerable to cyber threats and potential security breaches, emphasizing the importance of implementing robust cybersecurity measures to safeguard sensitive information and maintain data integrity.

The global cyber security market is projected to reach $248.26 billion by 2023.

The statistic that the global cyber security market is projected to reach $248.26 billion by 2023 indicates a significant growth trend in the demand for cyber security products and services worldwide. This projection suggests that organizations and governments are increasingly recognizing the importance of protecting their digital assets and information from potential cyber threats, such as data breaches, ransomware attacks, and other security vulnerabilities. The rising adoption of digital technologies, the increasing interconnectedness of devices through the Internet of Things (IoT), and the evolving cyber threats landscape are driving the need for robust cyber security measures, leading to substantial market growth in the cyber security industry.

Data breaches exposed 4.1 billion records in the first half of 2019.

The statistic “Data breaches exposed 4.1 billion records in the first half of 2019” represents the significant scale of cybersecurity threats and breaches faced by organizations and individuals during that period. This statistic indicates the total number of sensitive information, such as personal data, financial records, and other confidential details, that were compromised and potentially exploited by malicious actors. The high number of records exposed highlights the importance of implementing robust security measures, compliance with data protection regulations, and continuous monitoring of systems to prevent and mitigate the impact of data breaches on individuals and businesses.

References

0. – https://www.www.ic3.gov

1. – https://www.www.csoonline.com

2. – https://www.www.varonis.com

3. – https://www.www.prnewswire.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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