In 2023, half of the social engineering attacks worldwide were scams, making it the most common type of cyberattack in this category. Phishing ranked second, with **** percent of the attacks, while business e-mail compromise (BEC) made up nearly ** percent of the total spear-phishing attacks.

Introduction

Social Engineering Statistics: Social Engineering refers to the use of psychological tricks by perpetrators to obtain critical and sensitive information from the victims. Although the methods have changed with technology, the purpose of deceit to obtain information remains a significant threat to the general population.

In this blog, we will review social engineering statistics to provide a holistic overview of the dangerous aspects of negative factors involving social engineering. By venturing into this topic, one can avoid getting compromised and be aware of measures to prevent cybersecurity attacks.

Social Engineering Attack Defense Solution Market Outlook

As of 2023, the global market size for Social Engineering Attack Defense Solutions is valued at approximately $2.5 billion, with expectations to reach $9.8 billion by 2032, reflecting a robust CAGR of 16.5% over the forecast period. The increasing frequency of sophisticated cyber-attacks, coupled with rising awareness about cybersecurity, is driving this market's significant growth.

The primary growth factor for the Social Engineering Attack Defense Solution market is the surge in cyber-attacks targeting human vulnerabilities rather than technical weaknesses. Social engineering attacks, which trick individuals into divulging confidential information through manipulative tactics, are becoming increasingly sophisticated, prompting organizations to invest heavily in defense solutions. Enterprises are recognizing the need for comprehensive training programs and advanced software solutions that can identify and mitigate these human-centric attacks.

Another major growth factor is the escalating regulatory pressures and compliance requirements. Governments and regulatory bodies across the globe are implementing stringent cybersecurity regulations to protect sensitive information. This, in turn, is propelling organizations to adopt robust social engineering attack defense solutions to ensure compliance and avoid hefty fines. The cost of non-compliance and the potential damage to an organization’s reputation significantly outweigh the investment in these defense solutions.

Furthermore, the proliferation of remote work and the increasing dependence on digital communication channels have expanded the attack surface for cybercriminals. Employees working outside the traditional office environment are more susceptible to social engineering attacks, making it imperative for organizations to adopt solutions that can provide protection regardless of location. The transition to hybrid work models is expected to sustain the demand for these solutions in the foreseeable future.

Regionally, North America holds the largest share of the Social Engineering Attack Defense Solution market, driven by the early adoption of advanced cybersecurity technologies and the presence of major market players. However, the Asia-Pacific region is anticipated to witness the highest growth rate, attributed to the rapid digital transformation, increasing cybercrime rates, and growing awareness around cybersecurity in countries such as India and China. Europe also represents a significant market, driven by stringent data protection regulations such as GDPR.

Component Analysis

The Social Engineering Attack Defense Solution market is segmented into Software and Services based on components. The software segment dominates the market, driven by the increasing demand for advanced security software that can detect and mitigate social engineering attacks. These software solutions often include features like real-time monitoring, threat intelligence, and automated response mechanisms, making them essential tools for modern enterprises. The continuous advancements in artificial intelligence and machine learning are further enhancing the capabilities of these software solutions.

The services segment, although smaller than the software segment, is growing at a significant pace. This segment includes professional services such as consulting, training, and managed security services. Organizations are increasingly seeking expert guidance to develop and implement effective social engineering attack defense strategies. Training programs that educate employees about the risks and tactics of social engineering attacks are particularly in demand, as human error remains the weakest link in cybersecurity.

Managed security services are also gaining traction, especially among small and medium enterprises (SMEs) that may not have the resources to maintain an in-house security team. These services offer continuous monitoring and management of security systems, providing a cost-effective solution for ensuring robust protection against social engineering attacks. As cyber threats continue to evolve, the demand for specialized services that can adapt to new challenges is expected to grow.

The integration of software and services is becoming increasingly common, with vendors offering comprehensive packages that combine both elements. This holistic approach provides organizations with a more effective defense strategy, addressing both the technological and human aspects of social engineerin

In 2023, business e-mail compromise (BEC) scams were the most common type of social engineering attacks using Gmail.com. Roughly **** percent of such cyberattacks detected on Gmail.com were identified as BEC scams. General scamming ranked second, with over ** percent, and phishing was identified in *** percent of social engineering attacks abusing Gmail.com.

In today's digitally-driven world, the Social Engineering Attack Defense Solution market is rapidly emerging as a vital component of cybersecurity strategies across various industries. Social engineering attacks, which exploit human psychology rather than technical vulnerabilities, have become increasingly sophistic

Between November 2022 and October 2023, the education saw 860 data breach cases caused by system intrusion. Basic web application attacks resulted in 161 data breaches in the finance sector. Social engineering attacks caused 158 data breaches in the construction sector.

The Social Engineering Audit market has emerged as a crucial element in safeguarding organizations against sophisticated cyber threats. In an era where human behaviors can significantly influence cybersecurity, a comprehensive social engineering audit assesses vulnerabilities created by employees and organizational

According to surveys of working adults and IT professionals conducted in 2023, almost ***** in ** respondents reported having encountered vishing attacks. This represents a slight decrease from ** percent in the year prior. Vishing attacks are a type of social engineering attacks performed over phone calls or voice messages for phishing.

Between November 2022 and October 2023, 97 percent of compromised information through lost and stolen assets was personal data. Furthermore, 46 percent of privilege misuse incidents occurred internally.

The Social Engineering Penetration Testing market plays a crucial role in today's cybersecurity landscape, where organizations increasingly recognize the significance of human factors in their security protocols. Social engineering attacks exploit psychological manipulation to trick individuals into divulging confid

In 2023, software/API vulnerabilities accounted for 38.6 percent of initial access vectors in cyberattacks, up by around 10 percent compared to 28.2 percent in 2022. Previously compromised credentials represented 20.5 percent of attacks, while social engineering and phishing were responsible for 17 percent of cyberattacks in the examined year.

South Korea NJ: Gyeongbuk: Research & Engineering (RE): Social Science data was reported at 6.000 Person in Mar 2025. This records an increase from the previous number of 4.000 Person for Feb 2025. South Korea NJ: Gyeongbuk: Research & Engineering (RE): Social Science data is updated monthly, averaging 9.000 Person from Jan 2012 (Median) to Mar 2025, with 159 observations. The data reached an all-time high of 1,279.000 Person in Mar 2017 and a record low of 1.000 Person in Aug 2021. South Korea NJ: Gyeongbuk: Research & Engineering (RE): Social Science data remains active status in CEIC and is reported by Statistics Korea. The data is categorized under Global Database’s South Korea – Table KR.G092: New Job Searches.

South Korea NJ: Gwangju: Research & Engineering (RE): Social Science data was reported at 6.000 Person in Mar 2025. This records an increase from the previous number of 5.000 Person for Feb 2025. South Korea NJ: Gwangju: Research & Engineering (RE): Social Science data is updated monthly, averaging 12.000 Person from Jan 2012 (Median) to Mar 2025, with 159 observations. The data reached an all-time high of 889.000 Person in Mar 2014 and a record low of 1.000 Person in Nov 2022. South Korea NJ: Gwangju: Research & Engineering (RE): Social Science data remains active status in CEIC and is reported by Statistics Korea. The data is categorized under Global Database’s South Korea – Table KR.G092: New Job Searches.

Penetration Testing and Information Security Training Market Outlook

According to our latest research, the global Penetration Testing and Information Security Training market size reached USD 4.8 billion in 2024, reflecting robust demand for cybersecurity solutions across industries. The market is experiencing a strong compound annual growth rate (CAGR) of 13.2% from 2025 to 2033, and is forecasted to achieve a value of USD 14.6 billion by 2033. This growth is primarily driven by the increasing frequency and sophistication of cyberattacks, the rapid digital transformation of enterprises, and stringent regulatory mandates for information security compliance globally.

One of the primary growth factors fueling the Penetration Testing and Information Security Training market is the escalating threat landscape. As organizations continue to digitize operations and migrate to cloud-based environments, their attack surfaces expand considerably. Cybercriminals are employing increasingly advanced tactics, techniques, and procedures, making traditional security controls insufficient. Consequently, enterprises are investing heavily in proactive security measures such as penetration testing and comprehensive security training to identify vulnerabilities before adversaries can exploit them. The demand is further amplified by high-profile breaches that have highlighted the financial and reputational risks associated with inadequate cybersecurity preparedness.

Another significant driver is the evolving regulatory environment. Governments and industry bodies worldwide are imposing stringent data protection and privacy regulations, such as the General Data Protection Regulation (GDPR) in Europe, the California Consumer Privacy Act (CCPA) in the United States, and similar frameworks in Asia and Latin America. These regulations mandate regular vulnerability assessments, penetration tests, and employee security awareness programs to ensure organizational compliance. Non-compliance can result in substantial fines and legal repercussions, compelling organizations across all sectors to prioritize investment in penetration testing and information security training services.

The proliferation of remote work and the adoption of hybrid workforce models post-pandemic have also contributed significantly to market expansion. With employees accessing sensitive corporate resources from diverse and sometimes unsecured locations, the risk of unauthorized access and data breaches has surged. Organizations are responding by implementing robust security protocols, including frequent penetration testing and targeted training to enhance employee awareness of phishing, social engineering, and other cyber threats. This shift in work dynamics has led to a sustained increase in demand for both cloud-based and on-premises security solutions, further accelerating market growth.

Regionally, North America remains the largest market for penetration testing and information security training, accounting for a substantial share of global revenues in 2024. The region’s dominance is attributed to the high concentration of technology-driven enterprises, early adoption of advanced cybersecurity frameworks, and the presence of leading security solution providers. Europe follows closely, driven by rigorous regulatory standards and increased focus on data privacy. Meanwhile, the Asia Pacific region is witnessing the fastest growth, propelled by rapid digitalization, expanding IT infrastructure, and heightened awareness of cybersecurity threats among organizations of all sizes. Latin America and the Middle East & Africa are also experiencing steady growth, albeit from a smaller base, as governments and businesses intensify investments in cybersecurity initiatives to combat rising cyber risks.

Service Type Analysis

The Service Type segment in the Penetration Testing and Information Security Training market encompasses penetration testing, information security training, vul

According to Cognitive Market Research, the global Mobile Security Market size is USD 6.3 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 18.7% from 2024 to 2031.

North America held largest share of XX% in the year 2024 
Europe held share of XX% in the year 2024 
Asia-Pacific held significant share of XX% in the year 2024 
South America held significant share of XX% in the year 2024
Middle East and Africa held significant share of XX% in the year 2024 

Market Dynamics of Mobile Security Market

Key Drivers for Mobile Security Market

Increase in the usage of BYOD is fueling the market growth

Businesses and organizations are embracing the BYOD phenomenon, resulting in a much more productive workplace for workers. The workers utilize the company's network within working hours and when the device is outside the company's area. Thus, the necessity to protect the security and safety of corporate and financial information at remote ends grows. The security solution that companies adopt must distinguish between employees' personal data and the company's data. Individual users are also subjected to data loss when hackers attack payment information and audio and video files. Mobile security solutions are becoming more essential for all mobile users to safeguard their data. This aspect contributes to the market CAGR in the forecast period. Furthermore, artificial intelligence is inherent in various smartphones and their development. Smartphone developers, like Apple, Samsung, Huawei, and others, integrate machine learning and artificial intelligence into the creation of their smartphone models, thereby, offering promising opportunities for market expansion. In addition, based on a study, 200 mobile security app firms are likely to integrate AI artificial intelligence and machine learning into smartphones to enhance several features, including cameras and security apps. Additionally, firms are integrating artificial intelligence into smartphones and tablets to enable mobile applications and enhance the performance of several mobile devices. AI enables mobile apps to gain insights from different data produced by all users and enhances the decision-making power of the user. So, it turns out to be a profitable chance for Mobile security market revenue growth. For instance, a 2023 study found that 59% of companies have implemented BYOD policies, leading to a surge in mobile security concerns. With more employees using personal devices for work, the risk of data breaches and cyberattacks escalates, prompting companies to invest in mobile security solutions to safeguard sensitive information. Therefore, as businesses continue to prioritize securing mobile endpoints amidst the growing BYOD trend.

Key Restraints for Mobile Security Market

Lack of awareness is restraining the mobile security market

Billions of smartphone owners use their phones to access a number of applications. Most users require to be informed about the privacy policies of the applications and how they obtain them. Most individuals employ laptops or mobile phones to access untrusted websites and download unprotected software, raising the risk of cyberattack on these phones. The growth of the market is restrained by a demand for greater information regarding mobile device threats and the security products on hand to counteract them. Mobile device security threats may include malicious applications and websites, data leaks, spyware, social engineering attacks, and more. They are designed to infiltrate a network, steal data, compromise communications, and exploit vulnerabilities found in remote endpoints. Moreover, many of the people are visiting untrusted websites via laptops or mobiles while downloading insecure applications, which make these devices more vulnerable to cyberattacks. Lack of awareness about mobile device threats and their security solutions are restraining the growth of the market. For instance, a 2022 survey revealed that 43% of mobile device users are unaware of the potential risks associated with unsecured devices, making them more vulnerable to cyberattacks. This lack of understanding leads to poor security practices, such as using weak passwords or neglecting software updates. Furthermore, a report from Cybersecurity Ventures indicates that 60% of small to medium-sized businesses do not have a mobile security policy in place, which furthe...

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