MedGizmo - The Most Telling Cyber Security Statistics in 2019
24.04.2019, 21:05   Techjury

The Most Telling Cyber Security Statistics in 2019


(This is post courtesy of Techjury)

Cybersecurity is often seen as one of those big problems that only large entities like banks, tech companies, and governments have to worry about. In reality, a lot more people should be concerned with cybersecurity and not just the big corporations. The latter may be indeed responsible for more data. Still, it is the smaller entities, such as companies with less than 1000 employees, that are at the greatest risk.
TechJury compiled a list of cyber security statistics to help visualize what is happening in the field as well as what to expect in 2019.

Alarming Cyber Security Statistics
  • ·       It takes half a year to detect a data breach.
  • ·       43% of all cyber attacks are aimed at small businesses
  • ·       91% of attacks launch with a phishing email.
  • ·       A business falls victim to a ransomware attack every 14 seconds
  • ·       38% of malicious attachments are masked as one Microsoft Office type of file or another.
  • ·       Cyber criminals managed to exploit the credit cards of 48% of Americans back in 2016.
  • ·       The global cost of online crime is expected to reach $6 trillion by 2021.

Let’s examine this global threat in greater detail.
Data Breaches
Often it is data breaches that steal the headlines.
1.   1. In most cases, it takes companies about 6 months to detect a data breach.
(Source: ZD Net)
If a robbery took place and the perpetrators got away, how much of a head start do they have if they want to cover their tracks? A day? An hour? Cyber criminals often get a neat 6-month head start, which makes tracking them down that much harder.
2.            There were 8,854 recorded breaches between January 1, 2005 and April 18, 2018.
(Source: Identity Theft Resource Center)
These breaches account for millions of records, with the price per record ranging anywhere from $120-$600. If we average these out at $360 per record, then the total price of these breaches is in the billions. People talk about the cost of cyber security, but they seldom think about the cost of not having it.
3.            In 2017, 61% of data breach victims were companies with less than 1000 employees.
(Source: Verizon)
While this number may be alarming, this has more to do with the fact that the larger-scale companies are more likely to have robust security than smaller companies. Many of these smaller companies simply do not have the means for proper defence to combat advanced cyber threats, which contributes heavily to these cyber security statistics.

Cyber Attacks
Cyber attacks vary in sort and severity, but they can be absolutely devastating, especially for small business owners.
4.            43% of cyber attacks are targeted at small businesses.
(Source: Small Business Trends)
It makes a lot of sense that the little guy is targeted so often. While the benefit of such attack for the hacker is relatively small, it is much easier to pull it off. Many small businesses have minimal security infrastructure, making them easy prey for data predators. Considering the number of cyber attacks per day, quite a few of those get targeted.
5.            Around 50% of the risk companies face come by way of having multiple security vendors.
(Source: Cisco)
One may think when it comes to security, the more the merrier. However, having multiple security vendors is a great way to complicate your security infrastructure in a way that is likely to create greater vulnerabilities. It is best to stick with one security vendor and comply with all security updates and recommendations the vendor presents, according to various hacking stats.
6.            IoT attacks were up by 600% in 2017.
(Source: Symantec)
Nearly everyone has a smartphone now, making hackers and cybercriminals have greater choice of targets for attack. A portion of the rise could be attributed to the increased number of IoT devices, but the greater issue is that security doesn’t keep up the pace of the growing threats.
7.            31% of organizations have experienced cyber attacks on operational infrastructure.
(Source: Cisco)
Perhaps the more concerning side to cyber security statistics in general is the number of incidents that have gone unreported. Speculation would lead one to believe that the figure of 31% is significantly lower than reality. Whatever the case, this is an important figure to be aware of as it shows at the very least that hackers are proficient in finding the correct target.

8.            DDoS attacks account for 5% of monthly traffic related to gaming.
(Source: Cox BLUE)
Another prevalent form of attack comes in the form of DDoS. This attack attempts to disrupt regular traffic to the desired web endpoint. Video gaming is a popular place for these attacks to occur because there are predictable and specific endpoints for most devices.
9.            Just 38% of global organizations claim that they are equipped and able to handle a complex cyber attack
(Source: IBM)
Perhaps one of the most alarming cyber security statistics on this list is the understanding that 62% of global organizations cannot claim that they are equipped to handle a cyber attack. This void will lead the charge for improved cybersecurity in the future.
Read the full post and complete Infographics HERE
24.04.2019, 21:05   Techjury
Image by Techjury
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