29 Feb USA Today’s Cybersecurity Statistics In 2024
This week in cybersecurity from the editors at Cybercrime Magazine
– Read the Full Story in USA Today
Sausalito, Calif. – Feb. 29, 2024
USA Today this week published a comprehensive list of cybersecurity statistics to be aware of in 2024. The editors at Cybercrime Magazine have culled a shortlist for our readers:
– According to Cybersecurity Ventures, cybercrime has had a major impact on the global economy, with an estimated worldwide cost hitting $8 trillion in 2023, and that is predicted to rise to $10.5 trillion by 2025.
– Cybersecurity Ventures had estimated that businesses would fall victim to a ransomware attack every 11 seconds in 2021. But by 2031, it’s predicted that attacks on businesses, consumers, governments and devices will happen every two seconds.
– Since the FBI set up the IC3 (Internet Complaint Center) in 2000 to receive cybercrime-related complaints, it has received an average of 651,800 per year.
– Four in five employers believe careless or negligent employees put their companies at risk with inadvertent data leaks, and more than three-quarters believe their company will be impacted by a serious email-related security issue.
– The average cost of a healthcare data breach was $10.93 million, higher than any other industry and over double the average of all industries ($4.45 million). The healthcare industry has also seen a 239 percent increase in large data breaches reported to the HHS Office of Civil Rights over the last four years.
– Manufacturing was the most targeted sector worldwide, with one-fifth of all cyber extortion campaigns targeting the industry. The deployment of backdoors was, according to IBM, involved in 28 percent of these campaigns, more than any other type of cyberattack.
– More than 9 in 10 businesses plan to or currently are using AI and machine learning to enhance their cybersecurity operations.
The USA Today statistics also covers BEC Attacks, DDoS attacks, social media scams, cyberinsurance, cybersecurity jobs, and more.
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