Impressive Cyber Security Statistics of 2025

These cybersecurity statistics are crucial in helping individuals and companies understand the difficulties and risks they confront. Understanding common security errors that leave firms exposed to breaches, including leaving data unencrypted and using weak passwords, requires understanding the statistics of cyber security. Users and corporate executives should be aware of facts on cyber security, and organizations should implement IT security training online procedures to establish awareness, prevention, and best practices in their culture. 

More than ever, ethical hackers with skills are needed by businesses and government agencies to improve security. Ethical hackers protect systems by spotting possible weaknesses before attackers may take use of them.  

Cybersecurity Market Statistics

Cyber Crime trends are now a common worry for businesses. Many firms have insufficient security measures, putting them vulnerable to cyber assaults. We've compiled 101 cybersecurity industry data to help you understand the current state of cybersecurity and make a convincing argument for a more proactive approach to securing your company's systems and information. 

As more and more devices connect to the internet, the necessity of cybersecurity will grow at breakneck speed. Given this favorable business environment, these cybersecurity market size and growth figures are expected to rise further. 

Cybersecurity Market Statistics: Worldwide Scene

• In 2020, the global cybersecurity industry was estimated at $156.24 billion (Mordor Intelligence, 2020). 
• By 2026, the global cybersecurity industry is estimated to be valued at $352.25 billion, with a 14.5% annual growth rate (Mordor Intelligence, 2020). 
• Furthermore, according to PandS Intelligence, the worldwide cybersecurity market is anticipated to be worth $433.6 billion by 2030, including the impact of COVID-19 (PandS Intelligence, 2020). 
• Cyber Crime chart losses are predicted to reach $6 trillion by 2021. (Cybercrime Magazine, 2020). 
• Cybercrime costs the globe roughly $600 billion every year, or 0.8% of the global GDP (Mordor Intelligence, 2020). 
• Global spending on security products was $125.2 billion in 2020, a 6% increase over 2019. (IDC, 2020). 
• In 2020, the global cybersecurity industry was estimated at $156.24 billion (Mordor Intelligence, 2020). 
• By 2026, the global cybersecurity industry is estimated to be valued at $352.25 billion, with a 14.5% annual growth rate (Mordor Intelligence, 2020). 
• Furthermore, according to PandS Intelligence, the worldwide cybersecurity market is anticipated to be worth $433.6 billion by 2030, including the impact of COVID-19 (PandS Intelligence, 2020). 
• Cyber Crime facts losses are predicted to reach $6 trillion by 2021. (Cybercrime Magazine, 2020). 
• Cybercrime costs the globe roughly $600 billion every year, or 0.8% of the global GDP (Mordor Intelligence, 2020). 
• Global spending on security products was $125.2 billion in 2020, a 6% increase over 2019. (IDC, 2020). Global spending on security products and services is expected to reach $174.7 billion by 2024, growing at an 8.1% CAGR between 2020 and 2024. (IDC, 2020). 
• Banking, manufacturing, and federal/central government are the three industries that spend the most on cybersecurity, accounting for 30% of total spending (IDC, 2020). 
• 55% of corporate executives intend to boost their cybersecurity budgets in 2021. (Forbes, 2020). 
• Security services are predicted to be the security market's fastest-growing category in 2021, with a CAGR of 10.5% from 2020 to 2024. (Forbes, 2020). 

Cybersecurity Market Statistics: Country-Specific Scene

• In 2020, the US market for cyber liability insurance was worth $2.7 billion (IBISWorld, 2020). 
• Funding for cybersecurity firms with foreign headquarters will rise by 20%. (Forbes, 2020). 
• France ($3.1 billion), Spain ($2.6 billion), Germany ($2.2 billion), the United Kingdom ($1.5 billion), the Netherlands ($1.3 billion), and Belgium ($1.3 billion) are the European nations where businesses spend the most on cybersecurity (Hiscox, 2020). 
• The most cyber-secure nations in the world, based on the score for cyberattack vulnerability, are Denmark (6.72), Sweden (8.40), Germany (9.39), Ireland (9.40), and Japan (9.46), according to Comparitech's 2020 report (Comparitech, 2021). 
• However, according to the cyberattack vulnerability score, Algeria (48.99), Tajikistan (48.54), Turkmenistan (48.39), Syria (44.51), and Iran (43.48) are the least cyber secure nations in the world (Comparitech, 2021). 
• According to total investment, the three largest cybersecurity vendors are American: Cisco (9.1%), Palo Alto Networks (7.8%), and Fortinet (5.9%). (Canalys, 2020). 
• With Checkpoint, which has a 5.4% market share, Israel has the fourth-largest cybersecurity provider in the world in terms of investment and the largest outside of the US (Canalys, 2020). 
• The demand for cybersecurity technologies from the US federal government is anticipated to increase from $10.9 billion in 2018 to over $14.1 billion in 2024. (2018) GovWin 
• The 2021 cybersecurity budget set forward by the US president is $18.8 billion (Govinfo, 2021). 
• Iran has the largest percentage of mobile devices that are malware-infected, at 52.68%. (Comparitech, 2021). 
• 37% of all data breaches involving stolen or compromised records occur in India (Mordor Intelligence, 2020).

Cyber Crime Statistics 

Criminal activity is one of the most significant issues that the modern world has to face both now and down the road. Cybercrime is allegedly among the crimes that are increasing at the fastest rates both in the US and around the world, according to several cybersecurity reports (The National Law Review, 2020; World Economic Forum, 2020). 

1. Ransomware and Malware Attack Statistics

• The average ransomware payment increased to $570,000 in 2021, up 82% from the previous year. 
• In 2020, malware grew by 358 percent. 
• In the first half of 2021, 121 ransomware occurrences were reported, an increase of 64% over the previous year. 
• Through the Google Play Store, more than 300,000 Android users have downloaded banking malware software. 
• There has been a $100 million ransom demand thus far in 2021. 
• In recent years, ransomware has become a common type of attack, increasing by 350% in 2018. 
• Since its release in May 2019, Ryuk detections have increased by 543%. As a result, more ransomware attacks are expected than ever in 2019, according to 81% of cyber security experts. 
• Ransomware via phishing emails increased by 109% in 2019 compared to 2017. 
• Social acts like phishing were involved in 21% of ransomware cases. 

2. Phishing Attack Statistics

• Every 20 seconds, a new phishing website appears on the internet. 
• Phishing attempts happen on a weekly or daily basis for 57% of businesses. 
• The targets of phishing emails opened more than 70% of them. 
• Phishing increased in 2020 after dropping in 2019, accounting for one out of every 4,200 emails. 
• Phishing attacks cost $17,700 each minute. 

3. Stats on IoT, DDoS, and Other Attacks

• According to Cisco, there will be 15.4 million DDoS attacks worldwide by 2024. 
• On the endpoint, malicious PowerShell scripts that were banned in 2018 increased by 1,000%. 
• An average of 5,200 attacks occur monthly on IoT devices. 
• With 580 million PPS, attacks in 2019 were the largest ever recorded. 
• DDoS Attacks are Expensive, Costing between $120,000 and $2 million. 
• Cryptomining is associated with 90% of attacks using remote code execution. 
• DDoS Attacks on Wireless Telecommunications Companies Have Increased by 64% 
• With 35.92% of attacks, the online gaming and gambling sector leads the list of targets. 
• 69 percent of businesses believe their antivirus protection is ineffective against recent online threats. 
• India experienced the most DDoS attacks at the network layer. 

Consider investing in an employee CEH certification course, which The International Council of E-Commerce Consultants provides, and conduct a IT security training online to safeguard your company. 

Cybercrime Damage and Cost Statistics 

In comparison to natural disasters, the Cyber Crime graph causes significantly more damage and costs over the course of a year (Forbes, 2019). Let's look at some cybersecurity statistics that reflect this data.

• By 2021, it is anticipated that ransomware will cost the world $21 billion (Cybersecurity Ventures, 2021). 
• Phishing (38%), network penetration (32%), unintentional disclosure (12%), stolen/lost devices or records (8%), and system misconfiguration (5%) are the most frequent cyber assaults reported by US businesses (BakerHostetler, 2020). 
• The public sector (4,346 occurrences), the professional sector (1,168 incidents), manufacturing organizations (465 incidents), information firms (420 incidents), and healthcare enterprises were the industries most frequently attacked by malware attacks in 2019. (206 incidents). 2020 (Verizon) 
• SaaS (34.7%), financial institutions (18%), payment gateways (11.8%), social media networks (10.8%), e-commerce (7.5%), logistics (3.5%), and cloud storage (2.9%) are the online sectors most frequently targeted by phishing assaults. (APWG, 2020) 
• The typical ransom payment for businesses affected by ransomware is $233,817.30, and it can be made with cryptocurrencies (Sophos, 2021). 
• By 2022, it is anticipated that the overall cost of unlawful advertisements on mobile and online platforms will be $44 billion. 2019 (Juniper Research) 
• 59% of buyers are likely to steer clear of businesses that experienced a cyberattack in the previous year (Arcserve, 2020). 
• A business is attacked by ransomware every 11 seconds (Arcserve, 2020). 
• 70% of customers believe that organizations have not taken sufficient steps to protect their personal information (Arcserve, 2020). 
• When consumers learn about a cyberattack, 25% of them tend to switch to competitors' goods and services (Arcserve, 2020). 
• Small- to medium-sized businesses are the target of more than 50% of all cyberattacks (Cybersecurity Ventures, 2021). 
• As a result, 60% of SMBs that experience a hack or data breach close their doors within six months (Cybersecurity Ventures, 2021). 
• In 2020, a data breach will typically cost $3.86 million (IBM, 2020). 
• A significant factor in the 12% CAGR of cybersecurity IT investment is the sharp rise in the Cyber Crime rate (Forbes, 2020). 
• The average cost of a data breach in the United States is the highest in the world at $8.64 million (IBM, 2020).

Cybersecurity Compliance and Governance Statistics 

Particularly for companies with remote employees, the dangers of not securing files are more common and serious than ever. As tougher legislation defending data privacy is passed in regions all over the world, more harsh penalties are being applied. The General Data Protection Regulation (GDPR) of the European Union was implemented in 2018, while the California Consumer Privacy Act was introduced in 2020. (CCPA). 

As additional nations around the world are expected to implement the policy, companies should be aware of the GDPR's lessons. To maintain security, it's essential to configure file permissions correctly and delete outdated data. Maintaining compliance with data privacy laws like HIPAA, SOX, ISO 27001, and others requires maintaining data classification and governance standards. 

GDPR Cybersecurity Statistics

• Spain has imposed 3 times as many GDPR fines as any other nation, with 212 in 2021. 
• In 2021, the GDPR penalties came to $1.2 billion. 
• 88 percent of businesses invested more than $1 million in GDPR preparation. 
• According to reports, businesses spent $9 billion getting ready for the GDPR, and in 2018, legal counsel and teams cost UK FTSE 350 companies approximately $2.4 million, or 40% of their GDPR spend. 
• In the first year of the GDPR's implementation, there were 89,000 data breaches reported and 144,000 complaints filed with various enforcement agencies. 
• 1,000 news outlets turned away EU readers to comply with GDPR.  
• Google was charged with a $57 billion fine by the French data protection authority CNIL for GDPR violations. 
• The mechanisms they have in place won't scale as additional GDPR laws materialize, according to 70% of companies. 

Cybersecurity Workforce Statistics and Predictions 

As the frequency of cybersecurity attacks statistics rises, so does the need for cybersecurity experts. Budgets for cybersecurity continue to rise at many businesses as a result of these increases. However, there is a severe lack of qualified cybersecurity employees, and there is a high need for people to fill these positions.

The current push for diversified cyber work environments is the ideal strategy for combating cybercrime because it encourages the development of strong, original problem-solving skills that can successfully deal with the pervasive threat of cybercrime around the world. 

Cyber Security Stats

• 100% of Fortune 500 and Global 2000 companies are expected to have a CISO or a comparable post by Cyber Attack statistics by year. (Cybercrime Magazine, 2019). 
• Top hackers from around the world received bug bounties of more than $44.75 million in 2019. (ZDNet, 2020). 
• There are about 3.5 million cybersecurity jobs worldwide (PwC, 2021). 
• 3.4 million cybersecurity jobs will be unfilled by the end of 2021. 2019's Cybercrime Magazine 
• In the period between 2011 and 2019, there has been no unemployment in the cybersecurity sector. 2019's Cybercrime Magazine 
• Over the following year, 51% of executives expect to expand full-time employment for cybersecurity specialists (PwC, 2021). 
• 70% of cybersecurity experts claim that the lack of cybersecurity talent hurts their firm (CSO, 2020). 
• Only 7% of businesses took the necessary action to address the lack of cybersecurity talent (CSO, 2020). 
• according to 45% of cybersecurity experts, the organization's position on the lack of cybersecurity talent has gotten worse (CSO, 2020). 
• Cloud solutions (43%), security intelligence (40%), data analysis (37%), data management (36%), and specialized technological specializations (33%) are the top cybersecurity positions that employers around the world are looking to fill (PwC, 2021). 
• The most valuable competency to possess is cloud security knowledge, which increases salaries by $15,008. (Forbes, 2020). 
• There are about 2 million cybersecurity jobs available in the Asia-Pacific region (eSecurity Planet, 2020). 

Cyber Security Workforce Predictions

• Globally, there will be about the same number of open cybersecurity positions by 2025—3.5 million. 
• Over the period of 2021 to 2025, global cybersecurity investment will surpass $1.75 trillion. 
• Between 2019 and 2029, there will be a 5% increase in job openings for computer network architects in the United States. 
• Between 2019 and 2029, career opportunities for computer programmers are predicted to decrease by 9% in the United States. 

Cybersecurity Statistics by Industry 

There are differences across different industries when it comes to cybersecurity. Hackers that aim to steal social security numbers, medical records, and other personal information frequently focus on sectors that retain important information, such as healthcare and finance. 

This does not indicate that sectors with lower risks are not also affected. They're frequently targeted because it's likely they won't have as many security precautions in place, and their information will be simpler to access. 

1. Healthcare Cybersecurity Stats

• Through 2025, the market for healthcare cybersecurity is anticipated to expand by 15% yearly and reach $125 billion (Cybercrime Magazine, 2020). 
• Compared to the financial services sector, the healthcare sector experiences two to three times as many cyberattacks (Cybercrime Magazine, 2020). 
• 17.3 million people were impacted by cyberattacks on US healthcare facilities in 2020, which led to 436 data breaches (Forbes, 2020). 
• Medical records can be purchased by cybercriminals for up to $1,000 on the dark web (Forbes, 2020). 
• As of January 2021, the Office for Civil Rights of the US Department of Health and Human Services is looking into more than 700 instances of data breaches in the healthcare sector (US Department of Health and Human Services Office for Civil Rights, 2021). 
• In the first half of January 2021, 16 of the cases were submitted. 552 cases that were logged in 2020 are being looked into in the meantime (US Department of Health and Human Services Office for Civil Rights, 2021). 
• 48% of cybersecurity breach statistics that occur in healthcare facilities are the result of inside actors, or inside jobs (Verizon, 2020). 
• 24% of US healthcare workers have not yet received cybersecurity awareness training (Cybercrime Magazine, 2020). 

2. Finance and Crypto Cybersecurity Stats

• In the past year, 67% of financial institutions have reported an increase in cyberattacks. 
• 26 percent of financial institutions experienced a damaging attack. 
• Threat actors are employing increasingly complex attacks, according to 79% of bank CISOs. 
• A financial industry employee often gets access to around 11 million files the moment they walk through the door. Employees at large companies have access to 20 million files. 
• A data breach is discovered and contained by financial services companies on average after 233 days. 
• A financial sector data breach typically costs $5.85 million to remediate. 
• 10% of attacks are financial breaches. 
• Banks and other financial industries are the targets of 25% of all malware attacks, more than any other industry. 
• The number of credit cards that were compromised climbed by 212% over the previous year, while the number of credential leaks and malicious apps also increased. 
• An increase in wire transfer fraud was reported by 47% of financial institutions. 
• An increase in fraud involving home equity loans was reported by 31% of financial institutions. 

3. Enterprise cybersecurity stats

• Smaller companies are the target of 43% of cyberattacks. 
• In the past year, 47% of small businesses experienced at least one cyberattack, and 44% of them had two to four. 
• 70% of small businesses lack the necessary cybersecurity preparedness. 
• Three out of four small businesses claim they lack the staff needed to address IT security. 
• Cybersecurity risk is very concerning to 66% of small businesses. 
• In order to raise their spending on managed security services, 85% of small businesses. 
• 51 percent of small businesses report that they have no budget for cyber security. 
• The majority (58%) of malware attack victims are small businesses. 

4. Government Cybersecurity Stats

• By 2021, over 70,000 Department of Defence contractors must be CMMC compliant. 
• Identity theft has affected around 60 million Americans. 
• In 2019, the U.S. government will spend $15 billion on operations connected to cyber security, an increase of 4% from 2018. 

Causes of Cyber Security Incidents  

Events known as security incidents can point to a system or organization's data being compromised or the failure of security controls. 

There doesn't seem to be a day that passes without a headline declaring that some organization has suffered a data breach, putting the company - and its clients and partners - at risk. It's critical to comprehend the most frequent reasons for data breaches and what you can do to lessen the risks they pose if you want to keep your own company out of the headlines. 

• Weak and Stolen Credentials 
• Application vulnerabilities and back doors 
• Malware 
• Social Engineering 
• Unauthorized Permissions 

COVID-19 Cybersecurity Statistics

Cyberspace was not an exception to the impact COVID-19 had on other sectors of society. The worldwide pandemic opened up new opportunities for hackers to rely on victims through remote business, healthcare, and other services. 

• A 50% increase in global internet traffic is being attributed to remote work and lockdowns, which are creating new opportunities for cybercriminals. 
• In 2020, there were approximately 800,000 complaints of cybercrime, an increase of 300,000. 
• Healthcare or banking institutions are the targets of 27% of COVID-19 cyberattacks, and in 2020, bank cyberattacks are expected to increase by 238%. 
• During the pandemic, confirmed data breaches in the healthcare sector rose by 58 percent. 
• In May, a Pandemic Jobless Support program data security incident exposed 33,000 unemployment applicants. 
• More than $97.39 million was lost by Americans as a result of COVID-19 and stimulus check fraud. 
• Google blocked 18 million malware and phishing emails related to the coronavirus per day during the first month of the outbreak. 
• Since COVID-19, remote work has raised concerns about third-party cybersecurity threats statistics, according to 52% of legal and compliance leaders, while 47% of workers blamed distraction for falling for a phishing scam while working from home. 
• During the pandemic, 81% of cybersecurity experts say their job role altered. 
• During the first month of the epidemic, 500,000 Zoom user accounts were hacked and sold on a dark website. 
• Twenty percent of businesses have experienced a security breach because of remote workers this quarter. 

To know more about cyber security statistics in a detailed way consider KnowledgeHut’s IT security training online, 

Conclusion

A major increase in data breaches and thefts from sources that are becoming more and more widespread in the workplaces, such as mobiles and IoT (internet of things) devices, can be attributed to a lack of data protection, the impacts of a global pandemic, and an increase in the sophistication of exploits. Additionally, COVID-19 has increased the use of remote workers, paving the way for cyberattacks. 

A recent security study indicates that most businesses have weak cybersecurity procedures, leaving them open to data loss. Businesses must integrate cybersecurity knowledge, prevention, and best practice into their culture in order to prevent malicious intent.