The cybersecurity issues and concerns are becoming a day-to-day struggle especially for the businesses as well as for the cybersecurity agencies worldwide. On the other hand, the security breach of different types in different sectors is also growing day-by-day, increasingly affecting more and more internet-enabled devices such as computers, tablets, smartphones as well as everything that are linked with IoT.
Many researchers and reports have already established that most businesses, as well as companies, have insecure and unprotected data with poor or no best practices habits towards protecting their devices and promoting cybersecurity at least in their own setup. This eventually leads to cybercriminals finding vulnerabilities in their system and finally intrude into the system resulting in security breach and data loss. In this context, several fascinating and interesting, but at the same time, important statistics on cybersecurity worldwide may give some insight to the business entrepreneurs to get interested in cybersecurity issues and concerns as well as strengthen their own cybersecurity systems.
A study on the spending on cybersecurity concerns revealed that by 2022 the cybersecurity spending will reach $133.7 billion. This further shows that there is sufficient cybersecurity consciousness around the world. On the other hand, it is also discouraging to find that the incidents of cybersecurity are also growing at an alarming ratio. Various research established that 68% of total businesses believe that cyber breaches are growing with the statistics that in 2018 alone, 62% of the total businesses faced social engineering and phishing attacks. As far as cybersecurity vulnerabilities are concerned, only 5% of the total businesses have files that are protected properly. In addition to this, everybody knows that the first half of the year 2019 experienced one of the biggest data breaches that exposed 4. 1 billion records.
As per a Verizon report, 52% of the total security breaches were done by hacking, whereas 28% of security breaches through malware and 33% of breaches were through phishing or social engineering. Similarly, 72% of total security breaches were performed for financial gains and 25% of breaches for espionage. The total security breaches from 1st January 2005 to 18th April 2018 is recorded as 8, 854 security breaches. The total ransomware infections in 2018 are estimated at 52% whereas enterprise infections were 12%. In comparison to the past, security breaches have increased at 11% in 2018 and 67% in comparison to 2014. The cyber attackers perform an attack every 39 seconds and around 2244 times a day.
