In 2024, the number of data compromises in the United States stood at 3,158 cases. Meanwhile, over 1.35 billion individuals were affected in the same year by data compromises, including data breaches, leakage, and exposure. While these are three different events, they have one thing in common. As a result of all three incidents, the sensitive data is accessed by an unauthorized threat actor. Industries most vulnerable to data breaches Some industry sectors usually see more significant cases of private data violations than others. This is determined by the type and volume of the personal information organizations of these sectors store. In 2024 the financial services, healthcare, and professional services were the three industry sectors that recorded most data breaches. Overall, the number of healthcare data breaches in some industry sectors in the United States has gradually increased within the past few years. However, some sectors saw decrease. Largest data exposures worldwide In 2020, an adult streaming website, CAM4, experienced a leakage of nearly 11 billion records. This, by far, is the most extensive reported data leakage. This case, though, is unique because cyber security researchers found the vulnerability before the cyber criminals. The second-largest data breach is the Yahoo data breach, dating back to 2013. The company first reported about one billion exposed records, then later, in 2017, came up with an updated number of leaked records, which was three billion. In March 2018, the third biggest data breach happened, involving India’s national identification database Aadhaar. As a result of this incident, over 1.1 billion records were exposed.

The largest reported data leakage as of January 2025 was the Cam4 data breach in March 2020, which exposed more than 10 billion data records. The second-largest data breach in history so far, the Yahoo data breach, occurred in 2013. The company initially reported about one billion exposed data records, but after an investigation, the company updated the number, revealing that three billion accounts were affected. The National Public Data Breach was announced in August 2024. The incident became public when personally identifiable information of individuals became available for sale on the dark web. Overall, the security professionals estimate the leakage of nearly three billion personal records. The next significant data leakage was the March 2018 security breach of India's national ID database, Aadhaar, with over 1.1 billion records exposed. This included biometric information such as identification numbers and fingerprint scans, which could be used to open bank accounts and receive financial aid, among other government services.

Cybercrime - the dark side of digitalization As the world continues its journey into the digital age, corporations and governments across the globe have been increasing their reliance on technology to collect, analyze and store personal data. This, in turn, has led to a rise in the number of cyber crimes, ranging from minor breaches to global-scale attacks impacting billions of users – such as in the case of Yahoo. Within the U.S. alone, 1802 cases of data compromise were reported in 2022. This was a marked increase from the 447 cases reported a decade prior. The high price of data protection As of 2022, the average cost of a single data breach across all industries worldwide stood at around 4.35 million U.S. dollars. This was found to be most costly in the healthcare sector, with each leak reported to have cost the affected party a hefty 10.1 million U.S. dollars. The financial segment followed closely behind. Here, each breach resulted in a loss of approximately 6 million U.S. dollars - 1.5 million more than the global average.

During the third quarter of 2024, data breaches exposed more than *** million records worldwide. Since the first quarter of 2020, the highest number of data records were exposed in the first quarter of ***, more than *** million data sets. Data breaches remain among the biggest concerns of company leaders worldwide. The most common causes of sensitive information loss were operating system vulnerabilities on endpoint devices. Which industries see the most data breaches? Meanwhile, certain conditions make some industry sectors more prone to data breaches than others. According to the latest observations, the public administration experienced the highest number of data breaches between 2021 and 2022. The industry saw *** reported data breach incidents with confirmed data loss. The second were financial institutions, with *** data breach cases, followed by healthcare providers. Data breach cost Data breach incidents have various consequences, the most common impact being financial losses and business disruptions. As of 2023, the average data breach cost across businesses worldwide was **** million U.S. dollars. Meanwhile, a leaked data record cost about *** U.S. dollars. The United States saw the highest average breach cost globally, at **** million U.S. dollars.

As of 2024, the average cost of a data breach in the United States amounted to **** million U.S. dollars, down from **** million U.S. dollars in the previous year. The global average cost per data breach was **** million U.S. dollars in 2024. Cost of a data breach in different countries worldwide Data breaches impose a big threat for organizations globally. The monetary damage caused by data breaches has increased in many markets in the past decade. In 2023, Canada followed the U.S. by data breach costs, with an average of **** million U.S. dollars. Since 2019, the average monetary damage caused by loss of sensitive information in Canada has increased notably. In the United Kingdom, the average cost of a data breach in 2024 amounted to around **** million U.S. dollars, while in Germany it stood at **** million U.S. dollars. The cost of data breach by industry and segment Data breach costs vary depending on the industry and segment. For the fourth consecutive year, the global healthcare sector registered the highest costs of data breach, which in 2024 amounted to about **** million U.S. dollars. Financial institutions ranked second, with an average cost of *** million U.S. dollars for a data breach. Detection and escalation was the costliest segment in data breaches worldwide, with **** U.S. dollars on average. The cost for lost business ranked second, while response following a breach came across as the third-costliest segment.

In 2023, organizations all around the world detected 317.59 million ransomware attempts. Overall, this number decreased significantly between the third and fourth quarters of 2022, going from around 102 million to nearly 155 million cases, respectively. Ransomware attacks usually target organizations that collect large amounts of data and are critically important. In case of an attack, these organizations prefer paying the ransom to restore stolen data rather than to report the attack immediately. The incidents of data loss also damage companies’ reputation, which is one of the reasons why ransomware attacks are not reported. Most targeted industries and regions As a part of critical infrastructure, the manufacturing industry is usually targeted by ransomware attacks. In 2022, manufacturing organizations worldwide saw 437 such attacks. The food and beverage industry ranked second, with over 50 ransomware attacks. By the share of ransomware attacks on critical infrastructure, North America ranked first among other worldwide regions, followed by Europe. Healthcare and public health sector organizations filed the highest number of complaints to the U.S. law enforcement in 2022 about ransomware attacks. Ransomware as a service (RaaS) The Ransomware as a Service (RaaS) business model has existed for over a decade. The model involves hackers and affiliates. Hackers develop ransomware attack models and sell them to affiliates. The latter then use them independently to attack targets. According to the business model, the hacker who created the RaaS receives a service fee per collected ransom. In the first quarter of 2022, there were 31 Ransomware as a Service (RaaS) extortion groups worldwide, compared to the 19 such groups in the same quarter of 2021.

In 2023, the monetary damage caused by cybercrime reported to the United States' Internet Crime Complaint Center (IC3) saw a year-over-year increase of around 21 percent, amounting to a historical peak of 12.5 billion U.S. dollars. Cybercrime in the U.S. Cybercrime continues to be one of the biggest challenges for governments around the world. In the United States, phishing and personal data breaches were among the most reported categories of cybercrime in 2022, with over 300 thousand people falling victim to phishing attacks. Additionally, data breaches cost the U.S. organizations over nine million U.S. dollars on average as of January 2023. Identity theft is a serious issue in the U.S. Along with other reported online crimes, identity theft was a prevalent issue that affected millions of people in the United States. The country ranked second globally in reported cases of identity theft, with an estimated 13.5 million Americans falling victim to this crime. As a result, millions of users had their lives turned upside down. In January 2023, 43 percent of identity theft victims reported wasting their time resolving issues, while 33 percent had no choice but to freeze their credit cards. Furthermore, sometimes threat actors targeted seniors, as in 2022, more than 4800 individuals over 60 reported being victims of identity theft.

The Friends of Bool and Hacks Lagoon group and BirdLife Australia provided Lynker Analytics with aerial photography for the Bools and Hacks lagoon. The imagery consisted of 66 ECW files which covered the Bool lagoon at a resolution of 0.106m. In addition to the imagery, twenty-seven ground truth points were also provided to assist in the correct annotation of the eight target classes.\r Lynker then manually annotated these images into a polyline annotation dataset. The classes followed by their class id are:\r • Tussock 1\r • Tree 2\r • Sedge 3\r • Reed 4\r • Grasses 5\r • Open Water 6\r • Ground 7\r • Aquatic Floating 8\r Lynker used a machine learning training process called supervised learning, whereby a machine learning model is trained using example image and annotation pairs to learn the same decision outcomes on new or previously unseen images.\r Machine Learning is notoriously data-hungry and model accuracy is sensitive to the quality and quantity of input data. An annotation process that used polylines to quickly develop a large dataset of positively annotated pixels was used to develop the dataset of target classes to train the supervised model.\r \r The model’s performance on holdout data was shown to have a classification accuracy of 0.965 and mean F1 score also of 0.965. Sedge was the lowest performing class often instead being predicted to be grasses or ground. The aquatic floating class was the highest performing class in the holdout set, every pixel of this class in the holdout set was correctly predicted and no other classes were incorrectly predicted to belong to the aquatic floating class.\r \r See raw imagery here: https://data.sa.gov.au/data/dataset/a908a10b-b3c0-40e2-a2f9-0ed3849579c7

According to Cognitive Market Research, the global IP Telephonic market size is USD 38124.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.70% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 15249.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 11437.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 8768.57 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.7% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 1906.21 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.1% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 762.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.4% from 2024 to 2031.
Services held the highest IP Telephonic market revenue share in 2024.

Market Dynamics of IP Telephonic Market

Key Drivers for IP Telephonic Market

The rise in cyberattacks is expected to propel market expansion

The rapid advancement of technology has also resulted in an increase of vulnerabilities in recent years. Businesses are increasingly relying on IP Telephony products and services as hacks and dangers become more common. IBM estimates that the total cost of data breaches in enterprises will be approximately $6 trillion in 2021 alone. The numbers are expected to rise during the anticipated timeframe. As a result, it is vital to protect data and prevent breaches. Businesses are therefore, deploying IP telephony solutions. These factors are expected to boost the IP Telephony Market CAGR throughout the forecasted period.

Advancements in Technology to Expand the Market

Technological advancements like as cloud-based IP telephony systems and the incorporation of AI are driving the expansion in this market. These advancements provide increased features, scalability, and cost efficiency; as a result, an increasing number of enterprises and individuals are using IP phone systems. Improved security protocols and seamless interaction with existing systems drive market expansion. Convenient remote work capabilities, as well as increasing tendencies toward digital transformation, drive market growth. IP Telephony Market Expansion Overall, the growing demand for technologically advanced communication systems drives the creation of innovative solutions to meet current communication needs across a variety of enterprises and individuals.

Restraint Factor for the IP Telephonic Market

Network Security Concerns to Potentially Impede Market Growth

Network security concerns threaten to impede the IP Telephonic Market. Data breaches, cyber risks, and the loss of corporate or individual privacy are all important security concerns. To ensure that sensitive information transmitted via IP networks is not hacked, massive security standards should be implemented. Proper responses to security issues may cause individuals to hesitate in adopting IP telephony solutions, slowing market growth. Encryption, combined with various authentication mechanisms and periodic security audits, will help to mitigate this danger.

Impact of Covid-19 on the IP Telephonic Market

The COVID-19 pandemic has had an unprecedented and overwhelming worldwide impact, with the demand for mobile phone loudspeakers exceeding expectations in every region when compared to pre-pandemic levels. The market's expansion and demand reverting to pre-pandemic levels is what caused the abrupt market growth, as indicated by the increase in CAGR. The pandemic's extensive embrace of remote work has increased demand for dependable and effective communication solutions. The need for Internet protocol telephony has grown since it is an essential part of remote communication solutions. Employers, clients, and stakeholders have all benefited from businesses and organizations implementing or improving their IP Telephony systems to enable smooth virtual communication Introduction of the IP Telephonic Market

IP telephony refers to any system that falls within internet-based telecommunications, inc...

Cyber incidents were the leading risk to businesses globally for 2025, according to a survey carried out among risk management experts in late 2024. These cyber incidents refer to things such as cyber crime, IT failure or outages, data breaches, and fines and penalties. The global cyber insurance market is forecast to grow consistently in coming years. What is cyber crime? Cyber crime refers to any criminal activities carried out through the use of a computer, a digital network, or the internet. As of January 2024, the biggest reported data leak to occur in the past few years was the 2020 hack of the online platform Cam4, which affected more than 10 billion user accounts. In 2020, the Global Cybersecurity Index (GCI) ranked the United States as the country with the highest commitment to cyber security. Cyber attacks in the U.S. Instances of cyber crime has been on the rise in recent years, with the annual number of data breaches in the U.S. reaching a total of over 3,200 in 2023. At the same time, about 350 million individuals were seemingly affected by record exposure. In 2023, the most common type of cyber attack experienced by U.S.-based companies was network intrusion. Network intrusion refers to unauthorized access to a corporate network.

The number of Internet of Things (IoT) cyber attacks worldwide amounted to over *** million in 2022. Over the recent years, this figure has increased significantly from around ** million detected cases in 2018. In the latest measured year, the year-over-year increase in the number of Internet of Things (IoT) malware incidents was ** percent.

Mobile devices connected to the internet are vulnerable to targeted attacks and security threats. In December 2023, the number of global mobile cyberattacks was approximately 5.4 million, up by 147 percent compared to December 2022. Cyberattacks targeting mobile devices have been decreasing since the end of 2020, after experiencing an annual peak of almost 6.4 million in October 2020. Mobile concerns: Smishing While mobile operating systems come with vulnerabilities requiring patching and regular maintenance, watchful usage can reduce the risk for users of incurring security threats. Smishing attacks are especially reliant on users’ accidental mistakes or naivety. Smishing, or SMS phishing, uses text messages to lure users into accessing fake websites requesting personal data, or into clicking on malicious download links that could infect the device with malware. In the first quarter of 2024, AdWare and RiskTool were the most encountered types of mobile malware worldwide, while Trojan malware accounted for 11 percent of the total. Smishing attacks do not interest regular users alone, but can also target organizations and professionals. In 2023, it was found that the share of IT professionals and organizations targeted by smishing attacks was at 75 percent. Mobile app privacy According to a survey of global consumers carried out in August 2021, both Android and iOS users appeared equally keen to stop using an app if their privacy expectations were not met. Mobile apps have to collect different types of data for functionality purposes, including app diagnostic and device data for location-based services. However, mobile apps also collect other types of more personal user data, such as search history, browsing history, health data, and financial information. The data can be then used by the company that collected them in the first place (1st party data), or with entities that do not have a direct relationship with the users, and obtain data from the main tracking source (3rd party data). Social media apps, like other app categories, rely on acquiring 3rd party data from users for their advertisement business. As of February 2022, TikTok was found to have the highest number of potential 3rd party trackers, followed by Telegram, and Twitter.

In 2022, California ranked first by the amount of monetary losses through cybercrime. Overall, the state had over two billion U.S. dollars of reported losses. Texas was the second by cybercrime losses, reporting around one billion U.S. dollars of losses, while Florida followed with 874 million U.S. dollars.

Incidents of data breaches in the Philippines reached roughly 0.7 million during the fourth quarter of 2024, indicating a decrease from the previous quarter. The number of data breaches peaked in the second quarter of 2020 at the height of the COVID-19 pandemic. Challenges in cybersecurity As one of the countries in Asia with a high internet penetration, Filipino online users have been surfing the web to access social media and other entertainment platforms. Recently, particularly at the height of the global pandemic, Filipino internet users also adopted online shopping and digital payment services for their essential and non-essential needs. With the increased digitalization of most services comes the heightened risk of being a victim of cyber threats such as phishing, online scams, data theft, and mobile malware. Such incidents were especially prominent among users lacking cyber hygiene or those unaware of how to protect their personal information when doing their online transactions. Cybersecurity market insights Despite the increased risks of online threats in the Philippines, the cybersecurity market remains modest compared to other countries. In particular, the Philippines ranked 12th out of 14 among countries in the Asia-Pacific region regarding the size of its cybersecurity market and was forecast to grow to about 344 million U.S. dollars in 2028.