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166 Cybersecurity Statistics and Trends

166 Cybersecurity Statistics and Trends

Blog Article Published: 07/29/2022

Originally published by Varonis here.

Written by Rob Sobers, Varonis.

Cybersecurity is a day-to-day operation for many businesses.

A lack of data protection, side effects of a global pandemic, and an increase in exploit sophistication have led to a huge incline in hacked and breached data from sources that are increasingly common in the workplace, such as mobile and IoT (internet of things) devices. On top of this, COVID-19 has ramped up remote workforces, making inroads for cyberattacks.

Recent security research suggests most companies have poor cybersecurity practices in place, making them vulnerable to data loss. To successfully fight against malicious intent, it’s imperative that companies make cybersecurity awareness, prevention, and security best practices a part of their culture.

To give you a better idea of the current state of overall security, we’ve compiled more than 160 cybersecurity statistics for 2022. This will help show the prevalence and need for cybersecurity in all facets of business. These stats include data breaches, hacking stats, different types of cybercrime, industry-specific stats, spending, costs, and information about the cybersecurity career field.

For more in-depth security insights check out our cybersecurity whitepapers.

2022 cybersecurity trends taking shape

Last year saw many disruptions in the world of cybersecurity, even as the COVID-19 pandemic continues to recede. Remote work continues to be a focus for many large companies, causing cloud-based operations to proliferate. Expanding 5G networks connected devices at faster speeds and greater bandwidths. Cryptocurrencies exploded in popularity and are now bought, sold, and traded by individuals on a greater scale than ever before.

This is all to say cybersecurity has never been more important. These industry trends and predictions are expected to take hold in 2022 and beyond:

  • Cybercrime has many new victims, as the number of global internet users increases each year.
  • Cyber fatigue grips companies whose teams have given up on proactively defending against attacks.
  • Cryptocurrencies will be subject to heftier regulation as their adoption grows.
  • Social media organizations will work to more strictly oversee the sharing of information.
  • Remote workers will continue to be a target for cybercriminals.
  • Because of these remote workforces, cloud breaches will increase.
  • The cybersecurity skills gap will remain an issue as more jobs go unfilled.
  • IoT devices will become more vulnerable to cyberattacks as 5G increases bandwidth to connected devices.

15 influential cybersecurity statistics and facts

The worldwide information security market is growing rapidly. This is due in large part to organizations stepping up their defenses against cyber threats — and a rise in such threats, including within their own companies.

Unfortunately, most cybersecurity breaches are caused by human error. Considering the skills shortage in cybersecurity, this trend isn’t likely to subside anytime soon. We’ve outlined more details to provide you with an idea of the field as a whole, along with the overall impact of cyberattacks.

To learn more about a variety of cybersecurity topics — and to earn CPE credits — sign up for a free security webinar.

1. 95 percent of cybersecurity breaches are caused by human error. (World Economic Forum)
2. The worldwide information security market is forecast to reach $366.1 billion in 2028. (Fortune Business Insights)
3. The U.S. was the target of 46 percent of cyberattacks in 2020, more than double any other country. (Microsoft)
4. 68 percent of business leaders feel their cybersecurity risks are increasing. (Accenture)
5. On average, only five percent of companies’ folders are properly protected. (Varonis)
6. 54 percent of companies say their IT departments are not sophisticated enough to handle advanced cyberattacks. (Sophos)
7. Cyber fatigue, or apathy to proactively defending against cyberattacks, affects as much as 42 percent of companies. (Cisco)
8. 43 percent of all breaches are insider threats, either intentional or unintentional. (Check Point)
9. Data breaches exposed 22 billion records in 2021. (RiskBased Security)
10. Approximately 70 percent of breaches in 2021 were financially motivated, while less than five percent were motivated by espionage. (Verizon)
11. In 2021, nearly 40 percent of breaches featured phishing, around 11 percent involved malware, and about 22 percent involved hacking. (Verizon)
12. There were 1,862 recorded data breaches in 2021, surpassing the 2017 record of 1,506 breaches. (CNET)
13. The top malicious email attachment types are .doc and .dot which make up 37 percent; the next highest is .exe at 19.5 percent. (Symantec)
14. An estimated 300 billion passwords are used by humans and machines worldwide. (Cybersecurity Media)
15. Around 40 percent of the world’s population is offline, making them vulnerable targets for cyberattacks if and when they do connect. (Data Reportal)

32 critical data breach and hacking statistics

Large-scale, well-publicized breaches are on the rise, suggesting that not only are the number of security breaches going up — they’re increasing in severity, as well.

Data breaches expose sensitive information that often leaves compromised users at risk for identity theft, ruins company reputations, and makes the company liable for compliance violations.

See the data breach statistics below to help quantify the effects, motivations, and causes of these damaging attacks.

Noteworthy hacking statistics

16. The average cost of a data breach was $4.24 million in 2021, the highest average on record. IBM)
17. The average time to identify a breach in 2021 was 212 days. (IBM)
18. The average lifecycle of a breach in 2021 was 286 days from identification to containment. (IBM)
19. The likelihood that a cybercrime entity is detected and prosecuted in the U.S. is estimated at around 0.05 percent. (World Economic Forum)
20. Personal data was involved in 45 percent of breaches in 2021. (Verizon)
21. Identity theft rose 42 percent in 2020 compared to the year before. (Insurance Information Institute)
22. Security breaches have increased by 11 percent since 2018 and 67 percent since 2014. (Accenture)
23. 64 percent of Americans have never checked to see if they were affected by a data breach. (Varonis)
24. 56 percent of Americans don’t know what steps to take in the event of a data breach. (Varonis)

Historic data breaches

25. A 2021 LinkedIn data breach exposed the personal information of 700 million users or about 93 percent of all LinkedIn members. (RestorePrivacy)
26. An attack on Microsoft in March 2021 affected more than 30,000 organizations in the U.S., including businesses and government agencies. (Microsoft)
27. In April 2021, a two-year-old vulnerability was discovered that exposed the personal information of more than 533 million users. (Auth0)
28. Using a single password, hackers infiltrated the Colonial Pipeline Company in 2021 with a ransomware attack that caused fuel shortages across the U.S. (Bloomberg)
29. Meat processing company JBS was the victim of a ransomware attack that shut down beef and poultry processing plants on four different continents. (Wall Street Journal)
30. Nearly 48 million people had their personal information stolen in a 2021 T-Mobile data breach. (T-Mobile)
31. In September 2021, Neiman Marcus found an 18-month-old data breach that exposed payment data and other information for 4.6 million shoppers. (Neiman Marcus)
32. Personal data belonging to more than 100 million Android users was exposed in a 2021 data leak due to misconfigured cloud services. (Check Point)
33. In November 2021, Panasonic announced that business partner data, job candidate information, and information about interns were accessed in a breach. (Tech Crunch)
34. Trading app Robinhood was victim to a social engineering attack that compromised the personal data of 5 million users. (Robinhood)
35. A 2020 Twitter breach targeted 130 accounts including those of past U.S. presidents and Tesla CEO Elon Musk, resulting in attackers swindling $121,000 in Bitcoin through nearly 300 transactions. (CNBC)
36. In 2020, Marriott disclosed a security breach that impacted the data of more than 5.2 million hotel guests. (Marriott)
37. 500 million consumers, dating back to 2014, had their information compromised in the Marriott-Starwood data breach made public in 2018. (CSO Online)
38. The 2019 MGM data breach resulted in hackers leaking records of 142 million hotel guests. (CPO Magazine)
39. In 2018, Under Armour reported that its “My Fitness Pal” app was hacked, affecting 150 million users. (Under Armour)
40. In 2017, 147.9 million consumers were affected by the Equifax Breach. (Equifax)
41. The Equifax breach cost the company more than $4 billion in total. (Time Magazine)
42. In 2017, 412 million user accounts were stolen from Friendfinder’s sites. (Wall Street Journal)
43. 100,000 groups and more than 400,000 servers in at least 150 countries were infected by the Wannacry virus in 2017, at a total cost of around $4 billion. (Technology Inquirer)
44. In 2016, Uber reported that hackers stole the information of over 57 million riders and drivers. (Uber)
45. Uber tried to pay off hackers to delete the stolen data of 57 million users and keep the breach quiet. (Bloomberg)
46. In one of the biggest breaches of all time, three billion Yahoo accounts were hacked in 2013. (New York Times)
47. In 2020, cybercriminals cloned the voice of a U.A.E. company director to initiate a $35 million bank transfer. (Forbes)

28 cybercrime statistics by attack type

Cybersecurity issues are diverse and always evolving and new malware and viruses are discovered every day. It’s crucial to have a grasp of the most common types of attacks and where they come from in order to guard against future infiltrations.

Some of the most common attacks include phishing, whaling, malware, social engineering, ransomware, and distributed denial of service (DDoS) attacks. Read more below to get a sense of the most common cyberattacks.

Ransomware and malware attack statistics

48. The average ransomware payment skyrocketed 518 percent in 2021 to $570,000. (GRC World Forums)
49. Malware increased by 358 percent in 2020. (Help Net Security)
50. Ransomware attacks rose by 435 percent in 2020 compared to 2019. (Help Net Security)
51. More than 300,000 Android users have downloaded banking trojan apps via the Google Play Store. (Threat Fabric)
52. In 2018, an average of 10,573 malicious mobile apps were blocked per day. (Symantec)
53. Around 26 percent of all web traffic is bad bot traffic. (Imperva)
54. Microsoft Office documents are the most manipulated target, with attacks rising by 112 percent. (Help Net Security)
55. 94 percent of malware is delivered by email. (Verizon)
56. The average cost of a ransomware recovery is nearly $2 million. (Sophos)
57. Only eight percent of businesses that pay ransom to hackers receive all of their data in return. (Sophos)
58. 48 percent of malicious email attachments are Microsoft Office files. (Symantec)
59. About 60 percent of malicious domains are associated with spam campaigns. (Cisco)
60. On average, a company falls victim to a ransomware attack every 11 seconds. (Cybersecurity Ventures)
61. About 20 percent of malicious domains are new and used around one week after they are registered. (Cisco)

Phishing attack statistics

62. 57 percent of organizations see weekly or daily phishing attempts. (GreatHorn)
63. After declining in 2019, phishing increased in 2020 to account for one in every 4,200 emails. (Symantec)
64. 65 percent of cybercriminal groups used spear-phishing as the primary infection vector. (Symantec)
65. Phishing attacks account for more than 80 percent of reported security incidents. (CSO Online)
66. $17,700 is lost every minute due to a phishing attack. (CSO Online)

Stats on IoT, DDoS, and other attacks

67. By 2023, the total number of DDoS attacks worldwide will be 15.4 million. (Cisco)
68. Attacks on IoT devices tripled in the first half of 2019. (CSO Online)
69. Malicious PowerShell scripts blocked in 2018 on the endpoint increased 1,000 percent. (Symantec)
70. The Mirai-distributed DDoS worm was the third most common IoT threat in 2018. (Symantec)
71. 30 percent of data breaches involve internal actors. (Verizon)
72. IoT devices experience an average of 5,200 attacks per month. (Symantec)
73. 90 percent of remote code execution attacks are associated with cryptomining. (Purplesec)
74. 69 percent of organizations believe their antivirus software is useless against current cyber threats. (Ponemon Institute)
75. One in 36 mobile devices has high-risk apps installed. (Symantec)

20 cybersecurity compliance and governance statistics

The risks of not securing files are more prevalent and dangerous than ever, especially for companies with a remote workforce. More severe consequences are being enforced as stricter legislation passes in regions across the world defending data privacy. Some stand-outs from recent years include the European Union’s 2018 General Data Protection Regulation (GDPR) and California’s 2020 California Consumer Privacy Act (CCPA).

Companies should take note of takeaways from the GDPR as more regions around the world are expected to emulate the legislation. It’s crucial to properly set file permissions and remove stale data in order to stay secure. Keeping data classification and governance up to par is instrumental to maintaining compliance with data privacy legislation like HIPAA, SOX, ISO 27001, and more.

76. 66 percent of companies say that compliance mandates are driving spending. (CSO Online)
77. 78 percent of companies expect annual increases in regulatory compliance requirements. (Thomson Reuters)
78. For large firms, the cost of compliance can approach $10,000 per employee. (Competitive Enterprise Institute)
79. In 2018, businesses spent an average of $1.3 million to meet compliance requirements and were expected to spend an additional $1.8 million. (IAAP)
80. On average, every employee has access to 11 million files. (Varonis)
81. 15 percent of companies found 1,000,000+ files open to every employee. (Varonis)
82. 17 percent of all sensitive files are accessible to all employees. (Varonis)
83. About 60 percent of companies have more than 500 accounts with non-expiring passwords. (Varonis)
84. More than 77 percent of organizations do not have an incident response plan. (Cybint)

GDPR cybersecurity statistics

85. Spain issued 212 GDPR fines in 2021 and has issued 3x more fines than any other country. (Lexology)
86. GDPR fines totaled $1.2 billion in 2021. (CNBC)
87. Companies reportedly spent $9 billion on preparing for the GDPR and, in 2018, legal advice and teams cost UK FTSE 350 companies about 40 percent of their GDPR budget, or $2.4 million. (Forbes)
88. 88 percent of companies spent more than $1 million preparing for the GDPR. (IT Governance)
89. In the GDPR’s first year, there were 144,000 complaints filed with various GDPR enforcement agencies and 89,000 data breaches recorded. (EDPB)
90. 1,000 news sources blocked EU readers to avoid the GDPR compliance rules. (Nieman Lab)
91. GDPR fines totaled $63 million in the first year. (GDPR.eu)
92. Google was fined $57 billion for GDPR violations by CNIL, a French data protection agency. (TechCrunch)
93. Since the GDPR was enacted, 31 percent of consumers feel their overall experience with companies has improved. (Marketing Week)
94. By 2019, only 59 percent of companies believed they were GDPR compliant. (ZDNet)
95. 70 percent of companies agree that the systems they put in place will not scale as new GDPR regulations emerge. (DataGrail)

21 security spending and cost stats

Average expenditures on cybercrime are increasing dramatically, and costs associated with these crimes can be crippling to companies who have not made cybersecurity a significant part of their budget. Cybersecurity budgeting has been increasing steadily as more executives and decision-makers realize the value and importance of cybersecurity investments.

Take a look at these spending statistics and projections for an idea of where cybersecurity costs stand in 2022.

96. Cybercrime’s total damages make its economic impact larger than the GDP of all but two countries: the U.S. and China. (Cybersecurity Ventures)
97. Cyber insurance prices rose 96 percent in Q3 2021, marking a 204 percent year-over-year increase. (Marsh)
98. When remote work is a factor in causing a data breach, the average cost per breach is $1.07 million higher. (IBM)
99. Artificial intelligence provides the most concrete cost mitigation in data breaches, saving organizations up to $3.81 million per breach. (IBM)
100. Organizations with a zero-trust approach saw average breach costs $1.76 million less than organizations without.
101. Security services accounted for an estimated 50 percent of cybersecurity budgets in 2020. (Gartner)
102. The average cost of a malware attack on a company is $2.6 million. (Accenture)
103. A data breach can cost a company an average of $1.59 million in lost business. (IBM)
104. The healthcare industry incurs the highest average data breach costs at $7.13 million. (IBM)
105. The total cost of cybercrime for each company increased by 12 percent from $11.7 million in 2017 to $13.0 million in 2018. (Accenture)
106. The average annual security spending per employee increased from $2,337 in 2019 to $2,691 in 2020. (Deloitte)
107. The most expensive component of a cyberattack is information loss, averaging $5.9 million. (Accenture)
108. The average cost per lost or stolen record for an individual is $146. (IBM)
109. The average total cost of a data breach in smaller companies (500 employees or less) decreased from $2.74 million in 2019 to $2.35 million in 2020. (IBM)
110. The average total cost of a breach in very large companies (more than 25,000 employees) decreased from $5.11 million in 2019 to $4.25 million in 2020. (IBM)
111. Half of large enterprises (with over 10,000 employees) are spending $1 million or more annually on security, with 43 percent spending $250,000 to $999,999 and just 7 percent spending under $250,000. (Cisco)
112. From 2019 to 2020, Scandinavia saw the largest increase in total cost of data breaches at 12 percent, while South Africa saw the largest decrease at 7.4 percent. (IBM)
113. The United States has the highest data breach costs in the world, at $8.64 million on average, followed by the Middle East at $6.52 million. (IBM)
114. In 2019, spending in the cybersecurity industry reached around $40.8 billion USD. (Statista)

Cybersecurity cost predictions

115. Worldwide cybercrime costs will hit $10.5 trillion annually by 2025. (Cybersecurity Ventures)
116. More than 70 percent of security executives believe that their fiscal budgets will decrease in the aftermath of COVID-19. (Mckinsey)

19 cybersecurity workforce statistics and predictions

As cyberattacks increase in frequency, so too does the demand for cybersecurity professionals. With these increases, many companies’ cybersecurity budgets continue to rise as well. However, the imbalance in skilled cybersecurity workers along with the high demand to fill these positions results in a crippling cybersecurity skills shortage.

Interested in entering the cybersecurity field? Now is the time — job openings and average salaries are only projected to grow throughout the decade.

Looking for cybersecurity talent? It may be necessary to come up with creative cybersecurity skills shortage solutions including outsourcing tasks, starting apprenticeships, and partnering with educational and military institutions to find fresh talent.

117. There are 1,053,468 employees working in cybersecurity in the U.S. as of February 2022. (Cyber Seek)
118. Also as of February 2022, there are nearly 600,000 job openings in the cybersecurity industry, meaning only 68 percent of open jobs are filled. (Cyber Seek)
119. Washington, D.C. has the highest concentration of cybersecurity professionals at more than 8x the national average. (Cyber Seek)
120. More open roles exist for systems security analysts than any other cybersecurity profession. (Cyber Seek)
121. 59 percent of cybersecurity professionals feel the demands of their job limit them from keeping up with cybersecurity skills. (ISSA & ESG)
122. More than half of cybersecurity professionals believe that a minimum of three years in the industry is required for proficiency. (ISSA & ESG)
123. More than two-thirds of cybersecurity professionals struggle to define their career paths. (ISSA & ESG)
124. 76 percent of cybersecurity professionals consider recruiting and hiring new employees difficult. (ISSA & ESG)
125. 70 percent of cybersecurity professionals claim their organization is impacted by the cybersecurity skills shortage. (ISSA & ESG)
126. Six in 10 security operations center professionals think only half their cybersecurity applicants are qualified. (Cyberbit)
127. Since 2016, the demand for data protection officers has skyrocketed more than 700 percent because of the GDPR. (Reuters)
128. There was a 350 percent growth in open cybersecurity positions from 2013 to 2021. (Cybercrime Magazine)
129. 40 percent of IT leaders say cybersecurity jobs are the most difficult to fill. (CSO Online)
130. Cybersecurity engineers are some of the highest-paid positions in the industry, starting at $140K annually on average. (Cybint)

Cybersecurity workforce predictions

131. The cybersecurity unemployment rate is near zero percent and is projected to remain there for the foreseeable future. (Cybersecurity Ventures)
132. By 2025, there will be 3.5 million unfilled cybersecurity jobs globally — approximately the same as in 2021. (Cybersecurity Ventures)
133. Information security analyst job positions in the U.S. are expected to grow 31 percent between 2019 and 2029. (Bureau of Labor Statistics)
134. Computer network architect job positions in the U.S. are expected to grow five percent between 2019 and 2029. (Bureau of Labor Statistics)
135. Computer programmer job positions in the U.S. are expected to decline nine percent between 2019 and 2029. (Bureau of Labor Statistics)

19 cybersecurity statistics by industry

When it comes to cybersecurity, not all industries are created equal. Industries that store valuable information such as healthcare and finance are usually bigger targets for hackers who want to steal social security numbers, medical records, and other personal data.

This doesn’t mean lower-risk industries aren’t victims, too. They’re often targeted due to the likelihood that they’ll have fewer security measures in place and their information will be more easily accessible.

Healthcare cybersecurity stats

136. The WannaCry ransomware attack cost the U.K.’s National Health Service (NHS) more than $100 million. (Datto)
137. The healthcare industry lost an estimated $21 billion to ransomware attacks in 2020. (Comparitech)
138. More than 93 percent of healthcare organizations experienced a data breach from 2017 to 2020. (Herjavec Group)
139. There were 712 healthcare data breaches in 2021, exceeding 2020 by 11 percent. (HIPAA Journal)

Finance and crypto cybersecurity stats

140. The total value of cryptocurrency ransoms increased almost 80,000 percent from 2013 to 2020. (World Economic Forum)
141. Financial services have 449,855 exposed sensitive files, 36,004 of which are open to everyone in the organization. This is the highest when comparing industries. (Varonis)
142. On average, 70 percent of sensitive files in the financial services industry are stale. (Varonis)
143. On average, a financial services employee has access to nearly 11 million files the day they walk in the door. For large organizations, employees have access to 20 million files. (Varonis)
144. Financial services businesses take an average of 233 days to detect and contain a data breach. (Varonis)
145. The average cost of a financial services data breach is $5.85 million. (IBM)
146. Financial breaches account for 10 percent of all attacks. (Verizon)
147. The financial services industry incurred the most cybercrime costs in 2018 at $18.3 million. (Accenture)
148. Trojan horse virus Ramnit largely affected the financial sector in 2017, accounting for 53 percent of attacks. (Cisco)

Government cybersecurity stats

149. Manufacturing companies account for nearly a quarter of all ransomware attacks, followed by professional services with 17 percent of attacks and government organizations with 13 percent of attacks. (Security Intelligence)
150. 58 percent of nation-state cyberattacks originate from Russia. (Microsoft)
151. 79 percent of nation-state attackers target government agencies, non-government organizations (NGOs), and think tanks. (Microsoft)

Enterprise cybersecurity stats

152. Smaller organizations (one to 250 employees) have the highest targeted malicious email rate at one in 323. (Symantec)
153. Lifestyle (15 percent) and entertainment (seven percent) are the most frequently-seen categories of malicious apps. (Symantec)
154. Supply chain attacks were up more than 100 percent year-over-year in 2021. (Symantec)

12 COVID-19 cybersecurity statistics

COVID-19 made an impact on every industry across the globe, and cyberspace is no exception. The global pandemic paved new avenues for cybercriminals to target victims via healthcare, unemployment, remote work, and more.

Below are a few of the most impactful cybersecurity statistics related to the pandemic.

155. Remote work and lockdowns are driving a 50 percent increase in worldwide internet traffic, leading to new cybercrime opportunities. (World Bank)
156. There were nearly 800,000 complaints of cybercrime in 2020, up 300,000 from 2019. (FBI)
157. 27 percent of COVID-19 cyberattacks target banks or healthcare organizations and COVID-19 is credited for a 238 percent rise in cyberattacks on banks in 2020. (Carbon Black)
158. Confirmed data breaches in the healthcare industry increased by 58 percent during the pandemic. (Verizon)
159. 33,000 unemployment applicants were exposed to a data security breach from the Pandemic Unemployment Assistance program in May. (NBC)
160. Americans lost more than $97.39 million to COVID-19 and stimulus check scams. (Atlas VPN)
161. In the first month of the pandemic, Google blocked 18 million daily malware and phishing emails related to the coronavirus. (Google)
162. 52 percent of legal and compliance leaders are concerned about third-party cyber risks due to remote work since COVID-19. (Gartner)
163. 47 percent of employees cited distraction as the reason for falling for a phishing scam while working from home. (Tessian)
164. 81 percent of cybersecurity professionals report that their job function changed during the pandemic. (ISC)
165. Half a million Zoom user accounts were compromised and sold on a dark web forum during the first month of the pandemic. (CPO Magazine)
166. Remote workers have caused a security breach in 20 percent of organizations during the pandemic. (Malwarebytes)

Cybersecurity statistics FAQs

Below are some of the most frequently asked questions about cybersecurity, with answers supported by cybersecurity statistics and facts.

Q: Why should I care about cybersecurity?

A: Our world runs on data, and the integrity of our systems relies on strong cybersecurity measures to protect them. Weak cybersecurity measures can have a massive impact, but strong cybersecurity tactics can keep your data safe.

Q: What are the types of cyberattacks?

A: The most common cyberattack methods include phishing and spear-phishing, rootkit, SQL injection attacks, DDoS attacks, and malware such as Trojan horse, adware, and spyware.

Q: How many cybersecurity attacks are there per day?

A: On average, hackers attack 26,000 times a day. (Forbes)

Q: How frequent are cyberattacks?

A: Hackers attack every three seconds. (Forbes)

Q: Where can I find more cybersecurity reports?

A: Below are some helpful cybersecurity studies, articles, and resources to deepen your knowledge about the cybersecurity landscape.

Cybercrime is a real threat that should be taken seriously. By assessing your business’s cybersecurity risk, making companywide changes, and improving data protection, it’s possible to guard your business against most data breaches. Don’t become a statistic — the time to change the culture toward improved cybersecurity is now.

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