GITNUX MARKETDATA REPORT 2024

Incident Response Industry Statistics

Incident response industry statistics indicate a rising number of cyber attacks and data breaches, highlighting the importance of preparedness and effective response strategies.

Statistic 1

"The global Incident Response market size is expected to reach USD 41.03 billion by 2025, exhibiting a CAGR of 14.9%."

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Statistic 2

"A 2020 Security Report indicates that 38% of enterprise organizations don’t have an incident response plan."

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Statistic 3

"Approximately 53% of organizations report that they don’t test their incidence response plans."

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Statistic 4

"Around 29 percent of businesses spend less than $1,000 on their Incident Response plans annually."

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Statistic 5

"Nearly 77% of companies don’t have a consistently deployed incident response plan."

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Statistic 6

"The time to identify a security incident has improved from 229 days in 2018 to 207 days in 2020."

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Statistic 7

"The time to contain an incident has decreased from 73 days in 2018 to 73 days in 2020."

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Statistic 8

"It costs an average of $3.92 million to recover from a security breach."

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Statistic 9

"The emergency sector subset of Incident Response has an expected growth rate of 5.88% between 2020 and 2025."

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Statistic 10

"RSA and Business-Fraud Prevention Partnership survey in 2016 found that 68% of organisations in APAC are unprepared for cybersecurity incidents."

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Statistic 11

"61% of IT experts admit having suffered a serious security incident during the previous year, according to Check Point Technologies report."

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Statistic 12

"Almost 75% of all legitimate websites have unpatched vulnerabilities, according to a Symantec report."

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Statistic 13

"In 2019, 42% of the organizations faced a cyber security incident."

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Statistic 14

"The Advanced Persistent Threats (APTs) detection time is reported to be 98 days for retail organizations and 197 days for most organizations."

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Statistic 15

"In 2020, phishing or social engineering attacks constituted 14% of the total cybersecurity incidents."

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Statistic 16

"57% of businesses agree they’ve experienced an attack due to inadequate security software settings."

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Statistic 17

"An average data breach takes around 280 days to identify and contain."

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Statistic 18

"23% of companies say that the cost of resolving a cyber-attack is up to $1 million or more."

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