Cyberattacks are one of the biggest threats businesses and individuals face today.
Breaches hit a new record in 2017, with 1,579 breaches tracked. That number is up 44.7% from 2016 (Identity Theft Resource Center).
In 2017, 179 million records were exposed, compared to 37 million the previous year (Identity Theft Resource Center).
The business sector accounted for 55% of the total number of breaches, followed by medical/healthcare organizations (23.7%) and the banking/credit/financial sector (8.5%) (Identity Theft Resource Center).
The cost of global data breaches is rising. The average cost of a global data breach is $3.86 million, up 6.4% year-over-year. In the U.S., the average cost was $7.91 per data breach. The cost for each lost record increased 4.8% year-over-year (Ponemon Institute's 2018 Cost of a Data Breach Study: Global Overview).
By 2021, cybercrime damages are estimated to cost $6 trillion annually around the globe (Cybersecurity Ventures).
60 million of Americans are affected by identity theft. LifeLock.com reports that victims suffered losses totaling $16.8 billion in 2017.
97 percent of organizations are unprepared for “fifth-generation” cyber attacks, those described by Peter Alexander, Chief Marketing Officer of Check Point Software Technologies, as “a new generation of cyber-attacks, powered by leaked state-sponsored technology,” that are “multi-vector, fast-moving, and mega-scaled.” [CheckPoint.com]
There is a hacker attack every 39 seconds on average, affecting one in three Americans every year (Clark School study at the University of Maryland)
In 2018 hackers stole half a billion personal records. This was a 126% jump from 2017. (Cybersecurity Ventures)