The Latest Cybersecurity In The Streaming Industry Statistics Explained
In 2018, cybersecurity theft in the movie industry cost approximately $5.2 billion.
The statistic “In 2018, cybersecurity theft in the movie industry cost approximately $5.2 billion” refers to the financial impact of cybercrimes targeting the movie industry during that specific year. This figure represents the total monetary loss suffered by movie studios and related companies due to various cybersecurity incidents such as hacking, piracy, and intellectual property theft. The high cost of $5.2 billion underscores the significant economic threat posed by cyberattacks within the movie industry, highlighting the importance of implementing robust cybersecurity measures to protect valuable assets and safeguard sensitive information.
32% of film and TV executives stated the streaming sector is most likely to expose their business to cyber threats.
The statistic stating that 32% of film and TV executives believe the streaming sector is most likely to expose their business to cyber threats indicates a widespread concern within the industry regarding the vulnerability of streaming platforms to cyber attacks. This finding suggests that a significant portion of executives perceive the digital streaming sector as particularly susceptible to security breaches and potential cyber threats. The increased reliance on online platforms for content delivery and the collection of sensitive viewer data may be contributing factors to this perceived risk. Film and TV companies should therefore prioritize cybersecurity measures to safeguard their operations and protect valuable assets in the face of evolving cyber threats in the streaming landscape.
Deploying cybersecurity measures increased content production costs by 14% in 2019.
The statistic indicates that in 2019, there was a 14% increase in content production costs due to the implementation of cybersecurity measures. This suggests that organizations spent more on securing their digital assets and information systems, leading to a direct impact on their content creation expenses. The rise in cybersecurity costs could be attributed to the need for stronger protection against cyber threats and data breaches, which have become increasingly prevalent in today’s digital landscape. This statistic underscores the importance that companies are placing on safeguarding their data and online operations, even if it comes at an additional financial expense.
82% of IT security professionals worry about security on streaming platforms.
The statistic indicates that 82% of IT security professionals have concerns or anxiety regarding the security protocols and risks associated with streaming platforms. This high percentage suggests that a majority of professionals in the IT security field perceive potential vulnerabilities or threats within the streaming platform environment that could compromise data confidentiality, integrity, or availability. These worries may stem from potential cybersecurity breaches, data privacy issues, inadequate encryption methods, or a lack of robust security measures employed by streaming services. This statistic highlights the significance of addressing security challenges within streaming platforms to ensure the protection of sensitive information and maintain the trust of both users and professionals in the IT security sector.
60% of companies focused on streaming services consider themselves to be “cyber novices”.
The statistic ‘60% of companies focused on streaming services consider themselves to be “cyber novices”‘ indicates that a significant portion (60%) of companies within the streaming services industry perceive themselves as lacking expertise in cybersecurity. This suggests that many companies operating in the streaming services sector may not have robust cybersecurity measures in place to protect their data and systems from potential cyber threats. The high percentage of companies self-identifying as “cyber novices” highlights a potential vulnerability within the industry and underscores the importance of prioritizing cybersecurity measures to safeguard sensitive information and prevent security breaches.
Piracy of content in the streaming industry cost companies $71.4 billion in 2020.
The statistic “Piracy of content in the streaming industry cost companies $71.4 billion in 2020” reflects the estimated financial impact of illegal distribution and unauthorized sharing of digital content in the streaming sector over the course of that year. As consumers find alternative, often illicit means to access movies, TV shows, music, and other media without proper licensing or payment, content creators and streaming platforms suffer significant revenue losses. This figure underscores the challenges faced by the industry in combating piracy and highlights the need for enhanced copyright protection measures and enforcement strategies to safeguard intellectual property rights and sustain a thriving digital content ecosystem.
A survey of 5,000 streaming subscribers revealed 22% had their account hacked at least once.
The statistic states that out of a sample of 5,000 streaming subscribers, 22% reported that their account had been hacked at least once. This suggests that a significant portion of the streaming subscriber population has experienced security breaches, highlighting potential vulnerabilities in online streaming platforms. The findings are concerning as they indicate a non-negligible risk of account hacking, potentially leading to privacy breaches, unauthorized usage, or financial loss for affected subscribers. As such, both subscribers and streaming service providers may need to take proactive measures to enhance cybersecurity and protect user accounts from unauthorized access in the future.
To combat piracy, the global streaming industry’s expenditure on cybersecurity reached $4.2 billion in 2020.
In 2020, the global streaming industry invested $4.2 billion in cybersecurity measures as a strategic response to combat piracy. This statistic indicates the significant financial resources allocated to protecting digital content and services from unauthorized access and distribution. The streaming industry’s substantial expenditure on cybersecurity highlights the industry’s awareness of the growing threat of piracy, as well as the importance of safeguarding intellectual property and ensuring secure and uninterrupted access to streaming services for users worldwide. The investment in cybersecurity reflects a proactive approach towards mitigating risks and maintaining the integrity of the digital streaming ecosystem in the face of evolving cyber threats.
In the past 24 months, 83% of organizations in the United States experienced an email-based phishing attack.
This statistic indicates that within the last two years, a significant majority of organizations in the United States, specifically 83%, have faced email-based phishing attacks. Email-based phishing attacks involve deceptive tactics where cybercriminals attempt to trick individuals into providing sensitive information such as passwords or financial data by posing as a trustworthy entity. The high percentage of organizations experiencing such attacks highlights the pervasive nature of this cybersecurity threat and emphasizes the importance of implementing robust security measures and educating employees on how to identify and respond to phishing attempts effectively in order to safeguard sensitive information and mitigate potential risks.
In 2020, data breaches in the media and entertainment sectors exposed almost 17 billion records.
The statistic indicates that in the year 2020, there were a significant number of data breaches in the media and entertainment sectors, resulting in the exposure of nearly 17 billion records. This highlights a pervasive problem of cyber vulnerabilities that these industries face, potentially putting sensitive information at risk. Such breaches can lead to serious consequences including financial losses, damage to reputation, and privacy violations for both organizations and individuals involved in these sectors. It underscores the urgent need for robust cybersecurity measures and proactive risk management strategies to safeguard sensitive data in the media and entertainment industries.
Demand for cybersecurity services in the streaming sector is projected to grow by 11.5% per year till 2025.
The statistic indicates that there is a projected annual growth rate of 11.5% in the demand for cybersecurity services within the streaming sector until the year 2025. This suggests that there is a growing need for cybersecurity measures to protect streaming platforms and services from various threats such as data breaches, hacking attempts, and information theft. The increasing reliance on digital platforms for streaming entertainment content has elevated the importance of securing sensitive user data and maintaining the integrity of streaming services. The projected growth rate not only reflects the expanding market for cybersecurity services but also highlights the escalating risks and concerns regarding data security in the streaming industry.
Not less than 35% of all internet downloading is related to pirated content.
The statistic “Not less than 35% of all internet downloading is related to pirated content” suggests that a significant portion of internet downloading activity involves the unauthorized acquisition of digital content such as movies, music, software, and games. This finding indicates a prevalent issue of copyright infringement and intellectual property theft in the online sphere. The high percentage indicates that a substantial number of internet users are engaging in the illegal download of copyrighted materials, which can have negative impacts on content creators, industries, and the overall economy. Measures to address and combat online piracy are essential to protect the rights of content creators and uphold legal and ethical standards in the digital world.
The OTT streaming video services sector lost $9.1 billion to password piracy and sharing in 2019.
The statistic “The OTT streaming video services sector lost $9.1 billion to password piracy and sharing in 2019” indicates the significant financial impact of unauthorized password sharing and piracy on over-the-top (OTT) streaming services such as Netflix, Hulu, and Disney+. This figure represents the estimated revenue losses for the industry due to individuals sharing login credentials or engaging in illegal streaming activities. Password piracy and sharing can lead to lost subscription revenue, as multiple people are accessing content with a single account, depriving streaming services of potential earnings. This statistic underscores the challenges that OTT platforms face in protecting their content and revenue streams in an increasingly digital and interconnected world.
Approximately 40% of official broadcaster streaming channels are not encrypted, making them vulnerable to
hacks.
This statistic indicates that a significant proportion of official broadcaster streaming channels, around 40%, do not utilize encryption to secure their transmissions, leaving them susceptible to potential security breaches through hacking. Encryption plays a crucial role in safeguarding the confidentiality and integrity of data by converting it into a code that can only be accessed with the correct decryption key. Without encryption, sensitive information transmitted through these streaming channels could be intercepted, accessed, or manipulated by unauthorized individuals, posing a risk to the privacy and security of both the broadcasters and their audiences. Thus, the lack of encryption in a substantial number of official broadcaster streaming channels highlights the importance of implementing proper security measures to prevent cyber threats and protect digital content.
The U.S. accounted for roughly 12% of global online TV and video streaming piracy in 2020.
The statistic indicates that the United States accounted for approximately 12% of the worldwide instances of online TV and video streaming piracy in the year 2020. This suggests that a significant portion of illegal distribution and consumption of television and video content online occurred within the U.S. compared to other countries. It highlights the prevalence of copyright infringement and intellectual property violations in the digital streaming industry within the U.S. during that period. This statistic underscores the ongoing challenges faced by the entertainment industry in combatting piracy and protecting their content from unauthorized distribution and consumption.
Hulu ended 2017 losing $1.5 billion to password sharing and piracy.
The statistic states that Hulu incurred a loss of $1.5 billion in 2017 due to password sharing and piracy. This suggests that unauthorized sharing of login credentials and illegal distribution of Hulu’s content significantly impacted the company’s revenue. Password sharing occurs when users share their login details with others who are not authorized to access the service, leading to potential loss of subscription revenue for the company. Similarly, piracy involves the unauthorized distribution of copyrighted content, resulting in lost revenue for Hulu as potential subscribers may opt for free illegal alternatives instead of paying for the legitimate service. Overall, the statistic highlights the financial impact of digital piracy and password sharing on online streaming services like Hulu.
25% of video service subscribers have had an online account hacked.
The statistic suggests that a quarter of video service subscribers have experienced the unauthorized access of their online accounts, commonly known as hacking. This implies that a significant portion of subscribers face security concerns related to their personal information, payment details, and other sensitive data stored within their online accounts. The high prevalence of account hacking among video service subscribers emphasizes the importance of implementing robust cybersecurity measures to safeguard user information and prevent unauthorized access to online accounts. Additionally, it highlights the need for increased user awareness and education on best practices for securing online accounts to mitigate the risks of potential security breaches.
The use of anti-piracy security measures in the video streaming industry is expected to grow by 23% in 2025.
The statistic indicates that the implementation of anti-piracy security measures within the video streaming industry is projected to increase by 23% in the year 2025. This suggests a growing awareness and concern within the industry regarding the unauthorized distribution and consumption of digital content, as well as the potential financial losses associated with piracy. The expected growth in anti-piracy security measures highlights the industry’s recognition of the importance of protecting intellectual property rights and ensuring fair compensation for content creators. This trend may result in improved protection mechanisms to safeguard against piracy and deter illegal sharing of copyrighted materials in the increasingly competitive video streaming market.
The global data loss and leakage incidents in the entertainment sector increased by 273% in 2020.
The statistic indicates a significant increase in data loss and leakage incidents within the entertainment sector on a global scale in the year 2020. Specifically, the incidents have surged by 273% compared to the previous period. This sharp rise suggests a substantial worsening of data security within the entertainment industry, potentially resulting in sensitive information, intellectual property, or personal data being compromised or exposed. The implications of such incidents can have far-reaching consequences, including reputational damage, financial losses, and legal repercussions for the organizations involved. The stark increase highlights the pressing need for enhanced cybersecurity measures and proactive risk management strategies within the entertainment sector to safeguard against data breaches and protect valuable assets.
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