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Must-Know Cybersecurity Statistics [Latest Report]

In this post, we’ll discuss a set of alarming cybersecurity statistics that highlight the increasing prevalence of cybercrime and data breaches in today’s digital landscape. From the profound impact of the COVID-19 pandemic on cybercrime rates to the concerning lack of confidence in data breach notifications, these statistics shed light on the ongoing challenges faced by organizations worldwide. Stay tuned as we dive into the numbers and explore the implications for cybersecurity efforts.

Statistic 1

"Cybercrime has increased by 600% due to the COVID-19 pandemic."

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Statistic 2

"Cybercrime has increased by 600% due to the COVID-19 pandemic."

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Statistic 3

"Only 34% of organizations have confidence that a primary third party would notify their partners of a data breach."

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Statistic 4

"More organizations (66%) are expecting cyber budget growth compared to previous years, with over a third expecting double-digit growth."

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Statistic 5

"81% of users believe the risks of companies collecting data outweigh the benefits."

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Statistic 6

"Global cybercrime is predicted to cost up to $10.5 trillion annually by 2025."

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Statistic 7

"The healthcare industry has been a target for cyber criminals, resulting in costly data breaches with millions of compromised patient records."

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Statistic 8

"Healthcare suffered a 71 percent increase in breaches or incidents in 2020 compared to 2019."

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Statistic 9

"The UK experienced a 10.3 percent increase in cyber attacks in the year prior to the CyberEdge 2022 Cyberthreat Defense Report (CDR)."

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In conclusion, the statistics presented highlight the alarming rise of cybercrime globally, particularly exacerbated by the COVID-19 pandemic. The lack of confidence in third-party notifications, coupled with increasing cyber budgets and escalating costs of cybercrime, underscores the critical need for organizations to prioritize cybersecurity measures. The data also reveal a growing skepticism among users regarding data collection practices, emphasizing the importance of addressing privacy concerns. The specific targeting of industries like healthcare further emphasizes the urgent requirement for robust cybersecurity defenses to safeguard sensitive information and minimize the impact of data breaches. As cyber threats continue to evolve and grow in sophistication, proactive and comprehensive cybersecurity strategies are essential to mitigate risks and protect against financial and reputational damage.

Sources

Logo of AAG: “The Latest 2023 Cyber Crime Statistics (updated February 2023)”, cited in February 2023 (Source)

AAG: “The Latest 2023 Cyber Crime Statistics (updated February 2023)”, cited in February 2023 (Source)

Logo of Accenture: “How aligning security and the business creates cyber resilience”, cited in February 2023 (Source)

Accenture: “How aligning security and the business creates cyber resilience”, cited in February 2023 (Source)

Logo of Accenture: “Cybersecurity”, cited in February 2023 (Source)

Accenture: “Cybersecurity”, cited in February 2023 (Source)

Logo of Checkpoint: “The Biggest Cloud Security Challenges in 2021”, cited in February 2023 (Source)

Checkpoint: “The Biggest Cloud Security Challenges in 2021”, cited in February 2023 (Source)

Logo of CybersecurityVentures: “Global Ransomware Damage Costs Predicted To Exceed $265 Billion By 2031”, cited in February 2023 (Source)

CybersecurityVentures: “Global Ransomware Damage Costs Predicted To Exceed $265 Billion By 2031”, cited in February 2023 (Source)

Logo of ESG: “​​The Life and Times of Cybersecurity Professionals 2021”, cited in February 2023 (Source)

ESG: “​​The Life and Times of Cybersecurity Professionals 2021”, cited in February 2023 (Source)

Logo of Gartner: “Gartner Forecasts Worldwide Public Cloud End-User Spending to Reach Nearly $500 Billion in 2022”, cited in February 2023 (Source)

Gartner: “Gartner Forecasts Worldwide Public Cloud End-User Spending to Reach Nearly $500 Billion in 2022”, cited in February 2023 (Source)

Logo of GreatHorn: “BUSINESS EMAIL COMPROMISE REPORT”, cited in February 2023 (Source)

GreatHorn: “BUSINESS EMAIL COMPROMISE REPORT”, cited in February 2023 (Source)

Logo of IBM: “X-Force Threat Intelligence Index 2022”, cited in February 2023 (Source)

IBM: “X-Force Threat Intelligence Index 2022”, cited in February 2023 (Source)

Logo of MarketsandMarkets: “Artificial Intelligence in Cybersecurity Market”, cited in February 2023 (Source)

MarketsandMarkets: “Artificial Intelligence in Cybersecurity Market”, cited in February 2023 (Source)

Logo of Microsoft: “Microsoft Digital Defense Report shares new insights on nation-state attacks”, cited in February 2023 (Source)

Microsoft: “Microsoft Digital Defense Report shares new insights on nation-state attacks”, cited in February 2023 (Source)

Logo of Sophos: “Ransomware Recovery Cost Reaches Nearly $2 Million, More Than Doubling in a Year, Sophos Survey Shows”, cited in February 2023 (Source)

Sophos: “Ransomware Recovery Cost Reaches Nearly $2 Million, More Than Doubling in a Year, Sophos Survey Shows”, cited in February 2023 (Source)

Logo of Statista: “Estimated cost of cybercrime worldwide from 2016 to 2027”, cited in February 2023 (Source)

Statista: “Estimated cost of cybercrime worldwide from 2016 to 2027”, cited in February 2023 (Source)

Logo of Statista: “Expected cybersecurity threats in organizations worldwide as of March 2022”, cited in February 2023 (Source)

Statista: “Expected cybersecurity threats in organizations worldwide as of March 2022”, cited in February 2023 (Source)

Logo of Statista: “Most important online security priorities for companies worldwide in 2021”, cited in February 2023 (Source)

Statista: “Most important online security priorities for companies worldwide in 2021”, cited in February 2023 (Source)

Logo of Statista: “Spending on cybersecurity worldwide from 2017 to 2022”, cited in February 2023 (Source)

Statista: “Spending on cybersecurity worldwide from 2017 to 2022”, cited in February 2023 (Source)

Logo of Statista: “What are the biggest challenges with your current endpoint protection solution?”, cited in February 2023 (Source)Weforum: “After reading, writing and arithmetic, the 4th ‘r’ of literacy is cyber-risk”, cited in February 2023 (Source)

Statista: “What are the biggest challenges with your current endpoint protection solution?”, cited in February 2023 (Source)Weforum: “After reading, writing and arithmetic, the 4th ‘r’ of literacy is cyber-risk”, cited in February 2023 (Source)

Logo of ZipDo, cited June 2023: Cybersecurity Statistics

ZipDo, cited June 2023: Cybersecurity Statistics

Logo of Srive – Cybersecurity Statistics

Srive – Cybersecurity Statistics

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