Cybersecurity Facts

  • A recent study done at the University of Maryland showed that there is a hacker attack done every 39 seconds on average.
  • One in 3 Americans each year has had their information breached.
  • Since Covid-19 cyber crimes that have been reported have increased by an outstanding 300%
  • In September 2020 alone it was reported that 9.7 million healthcare records were hacked
  • Approximately $6 trillion is expected to be spent globally on cybersecurity by 2021.
  • 95% of cybersecurity breaches are due to human error. Cyber theifs will gain access to your company through your weakest link, which is almost never in the IT department.
  • On average 77% of organizations do not have a Cyber Security Incident Response plan and to make matters worse 54% of companies say that they have experienced one or more cyber attacks in the last 12 months.
  • 43% of cyber attacks target small business.
  • 45% of breaches featured hacking, 17% involved malware and 22% involved phishing.
  • Cyber attacks costs include damage and destruction of data, stolen money, lost productivity, theft of intellectual property, theft of personal and financial data, embezzlement, fraud, post-attack disruption to the normal course of business, forensic investigation, restoration and deletion of hacked data and systems, and reputational harm.