In a 2024 survey of small business leaders and IT professionals in the United States, 58 percent of respondents stated that employee data was their most compromised company data in cyberattacks. Additionally, 53 percent of respondents reported customer or consumer data as the second most impacted company data.
According to a 2024 survey of small business leaders and IT professionals in the United States, 39 percent of small companies experienced both security breaches and data breaches in the examined year. In comparison, 19 percent of companies reported not having suffered from any of these cyberattacks.
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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.
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Data breaches cost companies and businesses a lot of money. The average cost of a data breach is $3.86 million.
As of 2024, the average cost of a data breach in the United States amounted to 9.36 million U.S. dollars, down from 9.48 million U.S. dollars in the previous year. The global average cost per data breach was 4.88 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 5.13 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 4.53 million U.S. dollars, while in Germany it stood at 5.31 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 nine million U.S. dollars. Financial institutions ranked second, with an average cost of six million U.S. dollars for a data breach. Detection and escalation was the costliest segment in data breaches worldwide, with 1.63 U.S. dollars on average. The cost for lost business ranked second, while response following a breach came across as the third-costliest segment.
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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.
In 2023, the number of data compromises in the United States stood at 3,205 cases. Meanwhile, over 353 million 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 2022, healthcare, financial services, and manufacturing were the three industry sectors that recorded most data breaches. The number of healthcare data breaches in the United States has gradually increased within the past few years. In the financial sector, data compromises increased almost twice between 2020 and 2022, while manufacturing saw an increase of more than three times in data compromise incidents. 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.
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Did the COVID-19 pandemic really affect cybersecurity? Short answer – Yes. Cybercrime is up 600% due to COVID-19.
Cyber incidents, such as cyber crime, IT outages, data breaches, were the leading risk for small businesses globally for 2024. About 32 percent of respondents cited this as their biggest concern, followed by 24 percent who saw natural catastrophes as a leading risk for small companies.
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Some industries are affected by cyber attacks more than others. These next cybersecurity statistics detail specifically who is affected by cyber-attacks and why they are.
In 2023, manufacturing saw the highest share of cyberattacks among the leading industries worldwide. During the examined year, manufacturing companies encountered nearly a quarter of the total cyberattacks. Finance and insurance organizations followed, with around 18 percent. Professional, business, and consumer services ranked third, with 15.4 percent of reported cyberattacks.
Healthcare industry and cyberattacks
The healthcare industry is considered one of the most vulnerable sectors to cybercrime. Between October 2021 and September 2022, healthcare organizations worldwide saw various cyberattacks, mostly network and application, as well as malware. Additionally, this sector had the highest average data breach cost throughout recent years, amounting to nearly 11 million U.S. dollars.
IT perspective and prevention
With recent technology developments, cybersecurity is crucial to an organization’s success. Realizing this, companies have been gradually increasing cybersecurity investments. Thus, in 2024, the cybersecurity budget worldwide was forecast to increase to nearly 283 billion U.S. dollars. Roughly nine in ten board directors of companies worldwide in professional services and media and entertainment industries say they expect an increase in the cybersecurity budget.
This statistic displays the share of businesses that have had cyber security braches or attacks in the United Kingdom (UK) in 2019. Among all respondents, 32 percent had breaches in the past 12 months. With respect to business size, 40 percent of small firms experienced cyber security breaches in the past 12 months.Concerning the size of businesses, micro businesses had two to nine employees, small businesses had 10 to 49 employees, medium businesses had 50 to 249 employees and large businesses had 250 employees or more. On the other hand, there were many types of cyber security breaches experienced by businesses in the past 12 months such as malware.
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Pay attention to the following cybersecurity statistics to learn how to protect yourself from attacks.
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Revenue in the cybersecurity industry worldwide reached $146.32 billion in 2022.
According to a 2024 survey of small business leaders and IT professionals in the United States, 21 percent of respondents reported monetary losses of less than 250 thousand U.S. dollars as a result of cyber breaches. Additionally, 28 percent of respondents reported monetary losses ranging from 500 thousand U.S. dollars to one million due to cyberattacks.
A survey conducted in the United Kingdom (UK) between September 2023 and January 2024 revealed that the average long-term cost of the most disruptive breaches for medium and large businesses amounted to 3,550 British pounds. The survey was conducted among UK businesses that identified their most disruptive breach or attack in the last 12 months. In the case of micro and small businesses, the average long-term cost of the most significant breach or attack was 90 British pounds.
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Average spending on specific measures to recover from cyber security incidents by the North American Industry Classification System (NAICS) and size of enterprise.
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The Cyber Security Solutions for Small and Medium-sized Businesses (SMBs) market has become increasingly vital as the digital landscape evolves, exposing these enterprises to a myriad of cyber threats. With recent reports, such as the one published by STATS N DATA, indicating that the market has ballooned to an esti
This page lists ad-hoc statistics released during the period January - March. These are additional analyses not included in any of the Department for Culture, Media and Sport’s standard publications.
Responsibility for policy areas including Digital and Tech Policy, Cyber Security, Data, and Digital Infrastructure now (since February 2023) sit with the Department for Science, Innovation and Technology. However, additional analyses for these sectors are also currently included here.
If you would like any further information please contact evidence@dcms.gov.uk
This is an ad-hoc release that provides an estimate of total employment (number of filled jobs) in the DCMS Sectors for each calendar year from 2011 to 2021. The estimates provide the overall level of employment, and breakdowns by the following characteristics:
These employment statistics were produced to meet user demand for total DCMS Sector estimates without the Digital Sector and Telecoms included, as responsibility for these policy areas now sit with the Department for Science, Innovation and Technology (DSIT).
The DCMS Sector total reported here includes Civil Society, Creative industries, Cultural sector, Sport and - where applicable - Tourism. Due to this specification, users should not attempt to make comparisons to previously published DCMS totals.
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This is an ad-hoc release that provides figures among micro and small businesses in the North West of England, using the Cyber Security Breaches Survey 2022 (CSBS 2022). This is an abridged set of specific findings from the CSBS 2022, a telephone-based quantitative and qualitative study of UK businesses, charities and educational institutions to find out how they approach cyber security and gain insight into the cyber security issues they face.
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The global email security market is expected to grow from USD 5.42 billion in 2025 to USD 15.41 billion by 2033, at a CAGR of 14.20% during the forecast period. The increasing adoption of cloud-based email services and the growing threat of cyberattacks are key factors driving the market growth. Additionally, the growing regulatory compliance requirements and the need to protect sensitive data are expected to further propel the market growth. The market is segmented into various categories, including type, component, deployment model, organization size, and industry vertical. The solution segment is anticipated to hold a significant market share during the forecast period due to the growing adoption of comprehensive email security solutions that offer protection against various threats. Cloud deployment is expected to witness significant growth due to its scalability, cost-effectiveness, and ease of management. Large enterprises are likely to invest more in email security solutions to protect their sensitive data and comply with regulations. Recent developments include: The latest report on Email Security Market Statistics for Perception Point, which is an Email and collaboration security startup,claims that ithas managed to raise a whopping $28M., Market overview COVID 19 Analysis Market Dynamics Market segmentation Regional Analysis Competitive landscape analysis Recent Developments. Key drivers for this market are: Increased cyber threats: The growing sophistication of cyber attacks is driving the demand for robust email security solutions.
Rising regulatory compliance requirements: Data protection regulations are mandating organizations to implement email security measures to protect sensitive data.
Cloud adoption: The shift towards cloud-based platforms has increased the need for cloud-based email security solutions.. Potential restraints include: Data privacy concerns: Access to large amounts of email data can raise privacy concerns, especially with the use of AI and ML technologies.
Implementation complexity: Integrating email security solutions with existing systems can be complex, requiring technical expertise and resources.
Cost: Advanced email security solutions can be expensive, posing a challenge for small and medium-sized businesses with limited budgets.. Notable trends are: Behavioral analytics: Using machine learning to analyze email patterns and user behavior to identify suspicious activities and malicious intent.
Integrated threat intelligence: Sharing threat intelligence between organizations and security vendors to enhance detection and response capabilities.
Blockchain technology: Exploring blockchain's potential to enhance data privacy and security in email communications..
In a 2024 survey of small business leaders and IT professionals in the United States, 58 percent of respondents stated that employee data was their most compromised company data in cyberattacks. Additionally, 53 percent of respondents reported customer or consumer data as the second most impacted company data.