However, one of the major obstacles to preventing cybercrime is the cybersecurity workforce shortage and lack of new professionals funneling into this industry. An estimated 54 percent of companies say they have experienced one or more attacks in the last 12 months.Ĭybersecurity is now a global priority as cybercrime and digital threats grow in frequency and complexity. Only 38% of global organizations claim they are prepared to handle a sophisticated cyber attack.Cyber-criminals and hackers will infiltrate your company through your weakest link, which is almost never in the IT department. Ninety-five percent of cybersecurity breaches are due to human error.According to figures compiled within a recent Symantec Internet Security Threat Report, there are 25 connected devices per 100 inhabitants in the US. By 2020 there will be roughly 200 billion connected devices.Job postings are up 74% over the past five years. More than 300,000 cybersecurity jobs in the U.S.The SecurityScorecard study examined 700 healthcare organizations including medical treatment facilities, health insurance agencies and healthcare manufacturing companies. Over 75% of health care industry has been infected with malware over last year.158,727 per hour, 2,645 per minute and 44 every second of every day reports Cybersecurity Ventures. Since 2013 there are 3,809,448 records stolen from breaches every day.As more business infrastructure gets connected, Juniper Research data suggests that cybercrime will cost businesses over $2 trillion total in 2019. The average cost of a data breach in 2020 will exceed $150 million.59% of companies experienced malicious code and botnets and 51% experienced denial of service attacks. 62% experienced phishing & social engineering attacks. 64% of companies have experienced web-based attacks. Forty-three percent of cyber attacks target small business.A Clark School study at the University of Maryland is one of the first to quantify the near-constant rate of hacker attacks of computers with Internet access- every 39 seconds on average, affecting one in three Americans every year -and the non-secure usernames and passwords we use that give attackers more chance of success. There is a hacker attack every 39 seconds.They’re just very popular targets because of the high level of personal identifying information contained in their records. The reason isn’t necessarily because those industries are less diligent in their protection of customer records. Ninety-five percent of breached records came from only three industries in 2016 - government, retail, and technology.More malware is being launched than ever before and Cybersecurity Ventures estimates that businesses will spend more than $1 trillion on cybersecurity between 20.Ĭybint News (December 2018) cites the following alarming statistics that shape today’s the cybersecurity landscape: Even with increased attention on protecting electronic information, there is ample reason for businesses, organizations, and the public to be concerned. The cybersecurity industry is rapidly growing every day.
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