Cyberattacks are a growing threat to companies and individuals. According to PwC’s 2022 Global Digital Trust Insights, 66 percent of organizations expect their cybersecurity budget to increase next year. Most attacks are due to human error, and most can be avoided with proper training and awareness. These cyber attack stats show why cybersecurity is crucial to any company’s strategy.
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National Security Agency
Hackers can cause cyberattacks that have a variety of consequences. These include disrupted computer networks and phone lines, financial losses, electrical blackouts, national security secret leaks, and even military equipment failures.
Data breaches occur more frequently than you think. They can also cost businesses millions of dollars in lost revenue and damages.
Small businesses are the most targeted by hackers and data breaches. They typically suffer the most costly cyberattacks and are least prepared to handle them. Phishing attacks account for the majority of these breaches.
Department of Defense
A data breach exposes sensitive information that can lead to identity theft and ruin a company’s reputation. It also makes businesses liable for compliance violations. These cyber attack statistics show that hackers continue to find holes in digital defenses.
A study found that a cyberattack happens every 39 seconds on average. These statistics reveal the constant threat that small business faces and why they must invest in cybersecurity solutions, such as firewalls or cyber insurance.
Department of Homeland Security
Cyberattacks are more frequent, targeted, and complex than ever. It can take months for a business to recover from a data breach, and reputation damage can linger well into the future.
Businesses with sensitive information are especially susceptible to hackers. This includes banks and financial institutions containing customer and client data and healthcare institutions with health records and social security numbers.
Breaches that include credit card and personal data have a more significant impact on share prices than breaches without such data. These statistics can help you better protect your business from cyberattacks and prepare for the worst-case scenario.
Federal Bureau of Investigation
According to a recent study by the Clark School at the University of Maryland, a hacker attack occurs every 39 seconds. That’s nearly constant, and most of the time, it’s because of non-secure passwords or usernames that allow hackers to enter the system.
Cyber attacks are more common than you think and can cost your business millions. This is why you need to invest in cybersecurity and make sure it’s a top priority for your company in 2023. A data breach can cost you big bucks if it exposes credit card information or Social Security numbers.
National Institute of Standards and Technology
Cyber attacks are a constant threat to businesses. However, a new study shows that companies can mitigate these threats by investing in cybersecurity solutions, such as antivirus software and cyber insurance.
This year, a data breach exposed 52% more records and user accounts than last year. The number of violations is expected to rise, and the damage caused by hackers will be even worse. The need for businesses to invest in cybersecurity will increase, as will the demand for qualified cybersecurity professionals. This is good news for the cybersecurity industry.
Department of Justice
The data provided by cybersecurity reports is a powerful reminder that companies must prioritize cybersecurity awareness and prevention. It’s especially critical for small businesses most vulnerable to cyber-attacks.
Any business can be a target of a cyber-attack. But some industries have a higher risk than others, such as financial institutions, which contain bank account information; healthcare institutions, which hold medical records; and education institutions, which may have student records and research data. Those industries have seen the most significant increase in breached records during 2022.
Department of Commerce
Cyberattacks are a significant threat to businesses. One study found that a hacker attack occurs every 39 seconds, and most attacks are successful because of non-secure passwords and usernames. Thus, knowing where to get cybersecurity statistics for better awareness is essential.
Annual damage from cybercrime is predicted to exceed $6 trillion by 2021. This is equivalent to the size of the world’s third-largest economy.
The cost of data breaches is rising — especially in countries with the highest price per breach. This is driving more and more SMBs to work with Managed Service Providers for cybersecurity services.
Department of Health and Human Services
Data breaches can cost companies a lot of money. They can lead to lost customers and revenue, as well as damage to the company’s reputation. They can also result in regulatory fines and legal action.
Hackers keep developing new ways to breach cyber defenses and access sensitive information. That’s why businesses need to know about the latest cybersecurity statistics. They can use this information to prepare for and prevent future attacks. They can also buy cyber insurance to cover the costs of a data breach.
Office of the Director of National Intelligence
Cyberattacks are costing businesses billions in losses. Damage caused by hacking is expected to triple in just two years.
Data breaches can expose sensitive information and lead to financial crises. Healthcare institutions, banks, and companies that deal with personal customer or client data are most at risk of attacks.
The average small business loses $188,400 per year due to cyberattacks. Cyberattacks are becoming more frequent, targeted, and complex. Hackers probe targets for vulnerabilities using automated tools to steal personal information and bank accounts. They can also halt operations, blackout phone lines, and leak national security secrets.
Department of Energy
The Department of Energy relies on cyber security to conduct its vital work – from maintaining the nation’s nuclear deterrent to overseeing our energy supply to managing the country’s 17 National Laboratories. The Department has made it a top priority to address racial and gender underrepresentation among cybersecurity professionals by investing in talent development programs.
Data breaches are on the rise and can cause severe damage. Keeping up with the latest cybersecurity statistics is essential for business owners to protect their businesses, customers, and employees.