An extensive dataset offering key insights into cyber security statistics and trends for 2025, including data breaches, cybercrime costs, threat vectors, and industry-specific impacts.

When asked about their cybersecurity investment priorities for 2025, 34 percent of respondents among tech leaders worldwide highlighted cloud security. In addition, 28 percent of respondents were planning to prioritize data protection or data trust.

Cybersecurity in Healthcare Statistics - Importance in Healthcare

• Only 36% of healthcare organizations have a comprehensive cybersecurity incident response plan.
• 80% of healthcare organizations plan to increase their cybersecurity budgets in the coming years.

(Source: HIMSS Cybersecurity Survey, Black Book Market Research)

Did the COVID-19 pandemic really affect cybersecurity? Short answer – Yes. Cybercrime is up 600% due to COVID-19.

As per Cognitive Market Research's latest published report, the Global Cyber Security market size was $154.80 Billion in 2022 and it is forecasted to reach $353.15 Billion by 2030. Cyber Security Industry's Compound Annual Growth Rate will be 10.8% from 2023 to 2030. Market Dynamics of Cyber Security Market:

Increased target based cyber-attacks:

Every year, cybercrime dramatically rises as attackers become more proficient and sophisticated. In target-based cyberattacks, hackers or attackers focus on a single organisation because they have a particular business interest. Putting the attack together could take months so they can figure out the best way to get their exploit into your systems (or users). Because it has been precisely designed to attack your systems, processes, or persons, at the office and often at home, a targeted attack is frequently more harmful than an untargeted one. In addition to having an impact on the organization's and business's finances, cybersecurity also makes businesses more vulnerable and uncertain.

Cyberattacks can potentially harm a company's reputation, especially if private customer information is taken. The established customer trust may suffer as a result of cyberattacks. This breach of trust may be challenging to repair and may have long-term effects on the company. The activities of a company are also disrupted by these attacks, making it difficult or impossible to access vital systems or data. This might cause delays in manufacturing, disrupt customer service, and result in lost income. Businesses may occasionally have to stop operating completely until the attack is stopped, which will have a greater financial impact.

Growing need for automated cybersecurity due to the increased use of IoT devices.

Restraining Factor:

Budget restrictions and a lack of specialists among SME's:

Cybersecurity is crucial prat of any organization as it protects against unwanted access, theft, and damage to critical data and computer systems. Cyber-attacks are growing more prevalent in today's digital environment, and they could have very negative effects. Due to the complexity of technology, many organisations, especially SME's, cannot afford cybersecurity despite its necessity. Cybersecurity can be complicated and calls for knowledge in fields like software development, network security, and cryptography. The cost of acquiring and maintaining this expertise might be high. In addition, considering the consistently evolving cyber threats, the updating of cybersecurity measures is necessary. This requires ongoing investment in technology, personnel, and training. Therefore, budget restrictions coupled with expensive tools and software’s and a lack of specialists in SME's might affect the growth of the cyber security market.

Current Trends on Cyber Security:

Rising e-commerce platforms and online shopping:

Rising disposable income coupled with high penetration of internet and smartphone expected to drive the e-commerce market and online shopping. Online shopping is incredibly convenient for consumers as they can shop from the comfort of their homes or on-the-go using their smartphones or tablets. This is especially true during the COVID-19 pandemic when physical stores are closed or people prefer to avoid crowded places. In addition, online retailers can offer lower prices compared to physical stores due to lower overhead costs. Moreover, E-commerce platforms are open 24/7, which allows customers to shop at any time that is convenient for them. With advances in technology, e-commerce platforms have improved their shipping and delivery options. Overall, rising e-commerce platforms and online shopping provides new opportunities to cyber security market.

Impact of COVID-19 pandemic on Cyber Security Market:

With the widespread shift to remote work and online services, there has been a surge in cyber-attacks, making cyber security more important in COVID-19 pandemic. Organizations are investing in cyber security solutions to safeguard their systems and data as a result of the rise in cyberattacks brought on by the epidemic. The need for cyber security goods and services has increased as a result. Budget restrictions, especially for SME's, have been brought on by the economic burden of the epidemic on many organisations. Cost-effective cyber security solutions are now receiving more attention as a result of this. The CO...

Introduction

Cybersecurity Statistics: In a world that is increasingly becoming digital, cybersecurity statistics are now more important than ever for enterprises, governments, and individuals. The world has undergone significant changes in terms of online data storage and e-commerce, which have expanded the threat landscape. Cybercriminals have become sophisticated by using advanced methods to compromise security systems, steal private information, and disrupt operations. Cybersecurity statistics result in huge financial losses as well as reputational damages, hence making it one of the most critical elements in modern-day businesses and governance.

The global cybersecurity market has grown tremendously over the past few years due to the increasing number and complexity of cyber threats. In 2023, the cybersecurity industry was estimated to be worth around $217 billion, representing an increase of 15% from 2022. This growth was primarily due to increased awareness regarding cyber risks, coupled with numerous high-profile data breaches affecting both organizations and governments across the globe.

The Cyber Security Breaches Survey, 2025 (CSBS) was run to understand organisations' approaches and attitudes to cyber security, and to understand their experience of cyber security breaches. The aim of the survey was to support the Government by providing evidence that can inform policies which help to make Britain a safer place to do business online. Details of changes for the 2025 survey can be found in the Technical Annex documentation.

These surveys have been conducted annually since 2016 to understand the views of UK organisations on cyber security. Data are collected on topics including online use; attitudes of organisations to cyber security and awareness of Government initiatives; approaches to cyber security (including investment and processes); incidences and impact of a cyber security breach or attack; and how breaches are dealt with by the organisation. This information helps to inform Government policy towards organisations, including how best to target key messages to businesses and charities so that they are cyber-secure (and so that the UK is the safest place in the world to do business online). The study is funded by the Department for Science, Innovation and Technology (DSIT) and the Home Office.

The underlying data are useful for researchers to better understand the response across a range of organisations and for wider comparability over time. The survey originally only covered businesses but was expanded to include charities from the 2018 survey onwards. From 2020, the survey includes a sample of education institutions (primary and secondary schools, further and higher education). Please note that the UK Data Service only holds data from 2018 onwards.

Further information and additional publications can be found on the "http://GOV.UK Cyber Security Breaches Survey 2025https://www.gov.uk/government/statistics/cyber-security-breaches-survey-2025" target="_blank"> GOV.UK Cyber Security Breaches Survey 2025 web page.

Introduction

Chinese Cyber Attack Statistics: Chinese cyber attacks have become a major global issue over the last 20 years. These attacks target governments, businesses, and important industries around the world. Many of these attacks are supported by the state, and their main goals are spying, stealing intellectual property, and gaining advantages in areas like technology, defence, and telecommunications.

In 2024, the global digital world will continue to face threats from cyberattacks linked to China. Because of this, governments and organisations need to strengthen their cybersecurity measures to protect their assets and data from these harmful activities.

These cybersecurity statistics will help you understand the state of online security and give you a better idea of what it takes to protect yourself.

According to a 2024 survey on cybersecurity readiness, more than half the surveyed senior business, tech, and security executives in India stated that cloud-related threats would be the leading risk to their organization's cybersecurity over the next 12 months. This aligned with the global perspective. Cyber budgets among Indian organizations were expected to be higher than the global average.

Revenue in the cybersecurity industry worldwide reached $146.32 billion in 2022.

Market Summary of Cyber Security Consulting Market:

• Global Cyber Security Consulting market size 2023 was XX Million. Cyber Security Consulting Industry compound annual growth rate (CAGR) will be XX% from 2024 till 2031. • The Cyber Threats and cyberattacks are driving the cyber-Security consulting the market's rapid growth along with Increase in the need for security in BFSI Sector. • The COVID-19 had presented obstacles for enterprises as they adjust to a work environment where telecommuting has turned into the new normal. Businesses were moving more quickly towards digital transformation, and cybersecurity is becoming a top priority • The dominating segment is the IT and Telecom. Mobile phones, smart IoT devices, data traffic subscribers, and SIM connections have all increased astronomically in the world. Because of this, network operators can now offer a significantly wider range of services, which requires them to handle more data security. • North America is the dominating region in this market due to the prevalence of large and mid-sized organization’s is rising, which is increasing the number of hosted servers and the frequency of cyberattacks.

Market Dynamics of Cyber Security Consulting Market:

Key Drivers of Cyber Security Consulting Market

Cyber Threats and cyberattacks are driving the cyber-Security consulting the market's rapid growth.

The growing threat landscape, which includes data breaches and ransomware assaults, is a major factor in the rise of cybersecurity consulting services. The Internet is becoming more and more popular across all industries as a result of digitization and technical improvements. The likelihood of cyberattacks rises with increased Internet usage. Cyberattacks are a major global threat that result in the loss of personal, corporate, and governmental data. Businesses are always under pressure to make sure their digital assets are safe from internet attacks, and cybersecurity threats are getting more complex. Consulting on cybersecurity is essential for protecting your company from possible dangers and lowering the likelihood of cyberattacks.Hence, These consulting services give companies the knowledge and resources they need to spot security flaws, create strong defences against online attacks, and keep their systems safe. Organisations can discover potential vulnerabilities and threats to their digital assets, such as sensitive information, financial data, and intellectual property, by conducting cybersecurity risk assessments, which is a crucial procedure. For Instance, The cybersecurity company Kaspersky issued a warning, stating that similar cyberthreats are likely to come India's way. The country saw over 200,000 ransomware attacks in 2023. Large ransomware gangs like Fonix and LockBit attacked companies in India and throughout the world in industries like manufacturing, retail, healthcare, agriculture, and media. (Source:https://www.businesstoday.in/technology/news/story/new-ransomware-attacks-still-keeping-indian-cyberspace-at-risk-kaspersky-424512-2024-04-05) Cybersecurity experts detect risks to a company's computer systems and networks, analyse security concerns, determine risk, and put remedies into place. In an IT environment that is evolving quickly, they create layers of protection and deal with a variety of issues while evaluating security systems. Ransomware, phishing, and hacking are examples of cybersecurity threats that have grown in sophistication along with technology. Attacks on servers known as total distributed denial of service (DDoS) cause disruptions to user access. Thus, it is essential to identify cyber threats and use strong cyber security consulting to guard against such breaches in order to implement a system with more robust security features.

Increase in the need for security in BFSI Sector, drives the market for Cyber Security Consulting Market.

Following demonetization, digital payments have become more popular than ever before, underscoring the necessity of security policies and programmes for India's banking, financial services, and insurance (BFSI) industry. While financial institutions worldwide are concentrating on improving their programmes to prevent cyber threats, BFSI institutions continue to fail to recognise the significance and consequences of cyb...

Global Cybersecurity market size is expected to reach $434.76 billion by 2029 at 12.9%, segmented as by solution, infrastructure protection, network security, endpoint security, data security, application security, cloud security, other solutions

Snapshot img

US Government Cyber Security Market Size 2025-2029

The US government cyber security market size is forecast to increase by USD 4.18 billion, at a CAGR of 6.1% between 2024 and 2029.

The U.S. government cyber security market is driven by escalating cyber threats and advancements in security technology. Key factors include a shift toward proactive defense measures as agencies prioritize data protection, alongside innovations like AI-driven threat detection that enhance response capabilities. The growing adoption of Bring Your Own Device (BYOD) policies in government organizations, which necessitates additional cyber security measures to protect sensitive data.
This report provides a detailed view of market size, growth forecasts through 2029, and key segments such as network security and endpoint protection, offering practical insights for shaping strategies, engaging stakeholders, and optimizing operations. It highlights the trend of zero-trust architecture as a critical shift in securing systems, while addressing challenges like budget constraints that can limit technology adoption. Enterprise security solutions are in high demand to safeguard against cyber threats in academia, manufacturing, banking, financial services, healthcare, IoT, travel and transportation, energy and utilities, and other industries. For businesses aiming to stay competitive in the U.S. government cybersecurity market, this report delivers essential data and analysis to navigate evolving threats and address operational complexities effectively.

What will be the Size of the market During the Forecast Period?

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The US government cyber security market is experiencing significant growth due to escalating digital attacks on critical infrastructure and increasing regulatory compliance demands across various sectors. Moreover, hybrid cloud settings present unique challenges, necessitating advanced security measures. Cyber Centers play a crucial role in developing and implementing strong defense strategies. The IoT market, with its proliferation of connected devices, poses new vulnerabilities, driving the demand for IoT solutions. Regulatory compliance and data protection are top priorities, particularly in sectors handling sensitive information. Remote work and digital transactions further expand the attack surface, necessitating continuous innovation in cyber security solutions.
Threat deception, network firewalls, and BYOD policies are essential components in safeguarding modern enterprises from cyber threats and data breaches. The evolution of AI has revolutionized security practices, enabling smarter threat detection and response strategies. Cloud platforms, hybrid cloud infrastructures, and secure gateways ensure flexibility and scalability while maintaining robust cybersecurity. Single sign-on (SSO) solutions enhance user authentication, simplifying access management while protecting confidential data. IoT security and endpoint security measures are critical in securing a growing range of connected devices across the enterprise. Application security and regulatory compliance are key to ensuring data protection and meeting legal requirements. The rise of cyber espionage and advanced cyber threats necessitate continuous innovation in security technologies. Security innovations are driven by the need to adapt to the ever-changing market evolution and the increasing sophistication of attackers. As IT services evolve, integrating comprehensive security strategies and advanced technologies becomes more critical than ever in mitigating risks and safeguarding sensitive information.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  US intelligence community
  Department of homeland security
  Department of defense


Deployment

  On-premises
  Cloud-based


Product

  Services
  Solutions


Security Type

  Network Security
  Endpoint Security
  Application Security
  Cloud Security


Threat Type

  Cyber-Attacks
  Data Breaches
  Espionage
  DDoS Attacks


Geography

  US

By End-user Insights

The US intelligence community segment is estimated to witness significant growth during the forecast period. The US Intelligence Community is a collective of 17 US government agencies responsible for conducting intelligence activities to support American foreign policy and national security. Agencies involved include intelligence services, military intelligence, and civilian intelligence entities. Notable members are the Central Intelligence Agency, National Security Agency, Army Military Intelligence, and the Federal Bureau of Investigation's National Security Branch. These entities collabo

Information Technology (IT) Security as a Service Market Outlook

In 2023, the global market size for Information Technology (IT) Security as a Service is estimated to be around USD 15 billion and is projected to reach approximately USD 40 billion by 2032, reflecting a robust compound annual growth rate (CAGR) of 12%. This growth trajectory is driven by several key factors, including the escalating frequency and sophistication of cyber threats, the increasing adoption of cloud services, and a growing awareness around data security among enterprises of all sizes. The demand for comprehensive IT security solutions packaged as a service is surging as organizations aim to protect their critical data and IT infrastructure without the burden of managing complex security systems in-house.

A significant growth factor in the IT Security as a Service market is the increasing sophistication and frequency of cyber-attacks. With cybercriminals continuously evolving their tactics, businesses are under immense pressure to implement robust security measures. Traditional security frameworks that rely on static defenses are no longer sufficient in combating these dynamic threats. Consequently, there is a strong shift towards adopting security services that are capable of providing real-time threat intelligence and adaptive defense mechanisms. Organizations are recognizing the need for solutions that offer continuous monitoring and rapid response capabilities, leading to a substantial increase in demand for security as a service offerings.

Another growth driver for this market is the widespread adoption of cloud-based services across various industries. As businesses migrate their operations to the cloud to leverage its benefits, such as scalability and cost-efficiency, the need for specialized cloud security services becomes paramount. The complexity inherent in cloud environments, coupled with the shared responsibility model of cloud security, necessitates sophisticated security measures. Service providers are responding to this demand by offering tailored security solutions that cater specifically to cloud infrastructures, thus fueling market expansion. Additionally, regulatory frameworks, such as GDPR and CCPA, are compelling organizations to fortify their security measures, further boosting the market.

The increasing awareness and prioritization of data security among enterprises is also a major growth factor. With data breaches resulting in significant financial and reputational damage, businesses are placing greater emphasis on securing their data assets. The shift towards digital transformation and the increased use of mobile and IoT devices have expanded the attack surface, making data protection more challenging. Organizations are therefore increasingly opting for IT Security as a Service to leverage expert knowledge and advanced technologies without the need for extensive in-house resources. This trend is being observed across both small and medium enterprises (SMEs) and large enterprises, highlighting the universal need for robust security measures.

Information Security Services play a crucial role in the evolving landscape of IT Security as a Service. As organizations increasingly face sophisticated cyber threats, the demand for specialized services that can provide comprehensive protection is on the rise. These services encompass a wide range of solutions, including threat intelligence, vulnerability management, and incident response, which are essential for safeguarding an organization's digital assets. By leveraging Information Security Services, businesses can ensure that they are equipped with the latest technologies and expertise to defend against emerging threats. This proactive approach not only helps in mitigating risks but also enhances the overall security posture of the organization, enabling them to focus on their core operations without the constant worry of potential security breaches.

Regionally, North America is anticipated to hold the largest share of the IT Security as a Service market, driven by the presence of numerous prominent cybersecurity firms and the high rate of technology adoption in the region. The Asia Pacific region, however, is expected to exhibit the fastest growth, owing to rapid digitalization, increasing cyber threats, and a growing focus on adhering to international security standards. Europe is also witnessing significant growth, fueled by stringent regulatory compliance requirements and a strong emphasis on data protection. Latin America and the Middle East & Africa are experienci

According to Cognitive Market Research, the global cybersecurity as a service market size will be USD 76281.8 million in 2025. It will grow at a compound annual growth rate (CAGR) of 14.2% from 2025 to 2033.

North America held the major market share for more than 37% of the global revenue with a market size of USD 28224.3 million in 2025 and will prosper at a compound annual growth rate (CAGR) of 12% from 2025 to 2033.
Europe accounted for the second largest market share of over 29% of the global revenue, with a market size of USD 22121.7 million.
APAC held a market share of around 24% of the global revenue with a market size of USD 18307.6 million in 2025 and will flourish at a compound annual growth rate (CAGR) of 16.2% from 2025 to 2033.
South America has a market share of more than 3.8% of the global revenue, with a market size of USD 2898.7 million in 2025, and will thrive at a compound annual growth rate (CAGR) of 13.2% from 2025 to 2033.
Middle East had a market share of around 4% of the global revenue and was estimated at a market size of USD 3051.3 million in 2025 and will increase at a compound annual growth rate (CAGR) of 13.5% from 2025 to 2033.
Africa had a market share of around 2.2% of the global revenue and was estimated at a market size of USD 1678.2 million in 2025 and will grow at a compound annual growth rate (CAGR) of 13.9% from 2025 to 2033.
Large enterprises are the fastest-growing category of the cybersecurity as a service industry.

Market Dynamics of Cyber Security as a Service Market

Key Drivers for Cyber Security as a Service Market

Increasing Frequency and Sophistication of Cyberattacks and Data Breaches to Facilitate Market Growth

Cyberattacks and data breaches have become pervasive threats to organizations worldwide. With the rise of advanced techniques such as ransomware, phishing, and distributed denial-of-service (DDoS) attacks, cybercriminals are continuously evolving their strategies to breach security systems. These escalating threats are pushing organizations to enhance their cybersecurity posture. CaaS offers a comprehensive solution by providing continuous monitoring, real-time threat detection, and rapid response capabilities. As cybercriminals target critical data, intellectual property, and consumer information, businesses are increasingly turning to CaaS providers to safeguard their systems and minimize financial and reputational risks. The frequency of high-profile data breaches and cyberattacks (e.g., the SolarWinds hack and Equifax breach) has raised awareness of cybersecurity threats, making organizations prioritize cybersecurity to avoid financial losses, legal liabilities, and customer trust erosion. This trend will continue to propel the growth of the CaaS market as businesses seek more efficient ways to protect their assets.

Rising Regulatory Requirements and Compliance Mandates for Data Protection to Drive Market Share

The global regulatory landscape around data protection and privacy is becoming more stringent, with laws like the General Data Protection Regulation (GDPR) in Europe, the California Consumer Privacy Act (CCPA) in the U.S., and various other regional data protection regulations. These regulations require businesses to implement robust cybersecurity measures to safeguard consumer data and ensure privacy. Failing to comply with these regulations can result in hefty fines, legal consequences, and loss of consumer trust. In response to these growing compliance requirements, companies are increasingly turning to cybersecurity as a service provider. These services offer tailored security solutions that help organizations comply with the various regulatory frameworks. CaaS providers typically ensure that their security measures meet the latest compliance standards, making it easier for businesses to manage data protection without the need for dedicated internal compliance teams.

Restraint Factor for the Cyber Security as a Service Market

High Costs Associated with Implementing Advanced Cybersecurity Services to Limit Market Size

The higher costs associated with implementing advanced cybersecurity services can be a significant restraint for businesses, especially SMEs. Cybersecurity as a Service (CaaS) often involves comprehensive security measures, including threat detection, data encryption, firewalls, and continuous monitoring. The complexity and breadth of these services can lead to substantial upfron...

According to Cognitive Market Research, the Global Information Security Consulting Market is expected to have a market size of XX million in 2024 with a growing CAGR of XX% during the forecast period.

The Asia-Pacific region has the largest market share with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period.
North America is the fastest growing with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period.
Cloud Security has the largest market share with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period.
The cloud segment has the largest market share with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period.
Large Enterprise has the largest market share with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period.
The BFSI segment has the largest market share with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period.

Market Dynamics

Key drivers

The increasing number of cyber-attacks globally is favoring market growth

Strong security solutions are in more demand as a result of the growing anxiety that cyber assaults are causing among both individuals and enterprises. Any hostile action directed towards computer networks, infrastructures, personal computers, smartphones, or computer information systems is called a cyberattack. Because of this and the need for more stringent security and regulatory compliance, the information security consulting industry is growing quickly. For instance, according to McKinsey and company, cyberattacks are on track to cause $10.5 trillion a year in damage by 2025. That’s a 300 percent increase from 2015 levels. To protect against the onslaught, organizations around the world spent around $150 billion on cybersecurity in 2021, and this sum is growing by 12.4 percent a year. In all industries combined, the average cost of a single data breach as of 2022 was approximately 4.35 million US dollars. The healthcare industry was shown to be the most expensive for this, with each leak estimated to have cost the impacted party a whopping 10.1 million dollars. The segment on finances was closely followed. The Cam4 data breach in March 2020, which revealed over 10 billion data records, was the largest known data leak as of January 2024. The Yahoo data breach, which happened in 2013, is currently the second-largest data breach in history. To compact these increasing data breaches and cybercrimes, many company solutions have been in development and adopted. Cloud migration will remain a key component of many organizations' technological agendas. For this reason, cloud providers must be able to safeguard both standard and customized cloud configurations. Furthermore, there is a sharp rise in the demand for cyber security in the fields of healthcare, banking and financial services, aviation, and automobiles. Some of the main factors driving the demand for technologically advanced information security solutions among businesses are the emergence of IoT and connected technologies, the quick adoption of smartphones for digital payments, and the use of unsecured networks for accessing organizational servers. Therefore, the market is expected to grow significantly in the coming years.

(Source-http://https://www.statista.com/statistics/290525/cyber-crime-biggest-online-data-breachesworldwide/#:~:text=The%20largest%20reported%20data%20leakage,data%20breach%2C%20occurred%20in%202013.)

The rise in the number of regulations and developments has favoured the market growth

As cyber risks continue to grow, information security has become a key concern for both individuals and enterprises. The laws and regulatory requirements that are propelling the information security market's expansion are intended to strengthen cybersecurity defenses and shield private information from nefarious individuals. For instance, The United States government enacted two cybersecurity laws into law in June 2022. The first bill, the State and Local Government Cybersecurity Act of 2022, aims to improve cooperation between state, territorial, local, and tribal governments as well as the Cybersecurity and Infrastructure Security Agency (CISA). It is anticipated that these important actions will boost the i...

Introduction

Cybersecurity Statistics: Cybersecurity is now a crucial part of everyday life because as technology grows, the risk of cyber threats also increases. Both individuals and organizations must take steps to protect their digital assets and sensitive information from potential attacks. When talking about cybersecurity, it's common first to explain why it's important, what types of threats and weaknesses exist, and how risks can be managed.

This includes understanding the roles that both people and businesses play in protecting data, the need for regular updates and security patches, having strong ways to confirm identities, and teaching people about cybersecurity. In conclusion, it's important to remember that cybersecurity is a continuous process, and we must always stay alert and adjust to new risks. We shall shed more light on Cybersecurity Statistics through this article.

The average cyber attack takes 280 days to identify and contain and it costs an average of about $3.86 million to deal with properly.

The Cyber Security Market report segments the industry into By Offering (Solutions, Services), By Deployment (On-Premise, Cloud), By End-User Industry (IT and Telecom, BFSI, Retail and E-Commerce, Oil Gas and Energy, Manufacturing, Government and Defense, Other End-user Industries), and By Geography (North America, Europe, Asia, Latin America, Middle East and Africa). Get five years of historical data and market forecasts.