Let us have an idea of cybersecurity statistics 2020. Also, we will discuss and learn cybersecurity statistics.
Essence Cybersecurity Statistics 2020
I will share with you the must-know cybersecurity statistics for the year 2020. Yet the damage relates to cybercrime has a project of hit the 6 trillion dollars annually by 2020.
Also to give you a better view of the current state of overall security. So I will share with you the 29 vital statistics about data breaches and hacking.
Moreover the industry-specific statistics as well the spending costs. To know the big five on the following:
- Worldwide spending on cybersecurity that going to reach 133 billion dollars in 2020
- Yet 68 percent of business leaders feel their cybersecurity risk are increasing
- So data breaches expose to 4.1 billion records in the first half of the year 2019
- Also, 71 percent of breaches were financially motive and 5 percent were motivated by espionage
- Have 52 percent of breachers feature hacking that involves 28 percent of malware. Also, 33 percent include phishing and social engineering respectively
Know About Larget Data breaches
So some companies exercise a data breach during the year 2019. Yet it put their business at high risk from the following:
- Reputation
- Customer
- Partners
So for you to keep a company out of that experience. It is essential to understand the most common cause of data breaches.
So these are the 8 most common cause of data breaches from the following:
- Back doors and application vulnerabilities
- Weak and stolen credential like password
- Social engineering
- Malware
- Too many permissions
- Insider threats
- User error
- Improper configuration
So the growth of large-scale breaches represents us growing trend of security violations. Yet both in number and their security.
Also, data breaches expose sensitive information that often leaves users at risk. Moreover, identity theft ruins companies’ reputations.
Yet they leave the company liable for compliance violations from the following:
- Security breaches have increased by 11 percent since 2018 and 67 percent since 2014
- So hackers attack every 39 second and an average of 2244 times a day
- The average time to identify a breach in 2019 is was 7 months
- Yet average lifecycle of a breach last almost 11 month
- Als the average cost of data beach is 3.92million dollars as of 2019
About Reducing an enterprise
So you need to know also the reducing an enterprise’s cyber risk that requires a holistic approach from the following:
- Knowing your company status of tools
- Have an idea of the status of critical security controls
- Being aware of enterprise coverage status
- Know alert in case of deviation from normal behavior
So it holistic cybersecurity management and awareness solution. Yet cyber observers provide you with real-time insight into your current cybersecurity line.
Also the defense of status behaviors you have. To empower with comprehensive awareness you can easily identify weaknesses.
Also, reduce the meantime to detect and improve the ability to prevent. So that is the idea of cybersecurity statistics for the year 2020.
