Data breaches and cybercrime have become an increasingly serious problem in recent years. In 2020, over 36 billion records were exposed through data breaches, costing businesses and individuals more than $6 trillion globally. According to a survey of business leaders, 68% feel their organization's cybersecurity risks are increasing. Hacking was responsible for 52% of data breaches in 2020 while phishing accounted for 28%. On average it took 280 days to identify and contain a breach last year. Additionally, 164 million sensitive records were exposed in 2019 alone with the global spending on cybersecurity predicted to exceed $1 trillion from 2017-2021. Ransomware attacks cost businesses and individuals more than $20 billion in 2020 while 95% of breached records came from three industries: government, retail, and technology sectors that same year. 43% of cyberattacks targeted small businesses with human error accounting for 23%, followed by IoT devices experiencing 100% increase compared to 2019 when 7 out 10 healthcare data breaches resulted from unauthorized access or disclosure incidents leading 60 percent of small companies going out bankruptcy within six months after attack occurred remotely 18%. Last but not least identity theft fraud reports reached 7 million 2 thousand cases as FBI reported 69 % rise during pandemic period meanwhile 3 % Americans experienced personal data breach past 12 month banking credit financial sector increased 108 % between two consecutive years 19 security professionals US think digital risk top short term threat finally 20th statistic states 19 percent believe so .
Data Crime Statistics Overview
In 2019, 164.7 million sensitive records were exposed through data breaches.
This statistic is a stark reminder of the magnitude of data breaches that occurred in 2019. It highlights the sheer number of sensitive records that were exposed, demonstrating the need for increased security measures to protect personal data.
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In 2020, ransomware attacks cost businesses and individuals more than $20 billion.
This statistic is a stark reminder of the immense financial damage that ransomware attacks can cause. It serves as a warning to businesses and individuals alike that data crime is a serious threat that must be taken seriously. The $20 billion figure is a staggering amount, and it highlights the need for organizations to invest in robust security measures to protect their data and systems from malicious actors.
95% of breached records in 2016 were from three industries: government, retail, and technology.
This statistic is a stark reminder of the vulnerability of certain industries to data crime. It highlights the need for government, retail, and technology organizations to prioritize data security and take proactive steps to protect their customers' information. By understanding the industries most at risk, organizations can better prepare themselves to prevent and respond to data breaches.
7 in 10 (70%) healthcare data breaches in 2018 resulted from unauthorized access or disclosure incidents.
This statistic is a stark reminder of the vulnerability of healthcare data to unauthorized access or disclosure incidents. It highlights the need for healthcare organizations to take proactive steps to protect their data and ensure that only authorized personnel have access to sensitive information. This statistic is especially pertinent in the context of data crime statistics, as it serves to illustrate the potential consequences of inadequate security measures.
60% of small businesses go out of business within six months of a cyber attack.
This statistic is a stark reminder of the devastating effects that cyber attacks can have on small businesses. It highlights the importance of taking proactive steps to protect against data crime, as the consequences of not doing so can be catastrophic. It serves as a warning to small business owners that they must take data security seriously, or risk becoming one of the 60% of businesses that fail after a cyber attack.
The FBI's Internet Crime Complaint Center has reported a 69% increase in cyber crime in 2020 compared to 2019.
This statistic is a stark reminder of the growing prevalence of cyber crime in our digital age. It serves as a warning that data crime is on the rise and that we must take steps to protect ourselves and our data. This statistic is especially pertinent in the context of a blog post about data crime statistics, as it highlights the need for greater awareness and vigilance when it comes to protecting our data.
3% of Americans say they have experienced a personal data breach in the past year.
This statistic is a stark reminder of the prevalence of data breaches in the United States. It highlights the fact that data crime is a real and growing problem, and that it affects a significant portion of the population. It is a call to action for individuals and organizations to take steps to protect their data and to be aware of the risks associated with data crime.
The number of exposed records in the US banking, credit, and financial sector increased by 108% between 2019 and 2020.
This statistic is a stark reminder of the growing threat of data crime in the US banking, credit, and financial sector. It highlights the need for organizations in this sector to take proactive steps to protect their customers' data and ensure that their systems are secure. The 108% increase in exposed records is a clear indication that data crime is on the rise and that organizations must take steps to protect their customers and their data.
19% of security professionals in the US think cyber attacks are the top short-term digital risk to their organization.
This statistic is a stark reminder of the importance of cyber security in the US. It highlights the fact that a significant portion of security professionals recognize the potential for cyber attacks to cause significant damage to their organizations in the short-term. This is a worrying statistic, and one that should be taken seriously by all organizations in order to protect their data and assets from malicious actors.
Conclusion
The statistics presented in this blog post demonstrate the alarming prevalence of data crime and its devastating effects on businesses, individuals, and society as a whole. In 2020 alone, over 36 billion records were exposed through data breaches with an estimated cost of $6 trillion globally. Furthermore, 68% of business leaders feel their organization's cybersecurity risks are increasing while 52% of data breaches involved hacking or phishing attacks. The average time to identify and contain a breach was 280 days in 2020 which is far too long for organizations to protect themselves from cybercrime damage. It is clear that more needs to be done by both public authorities and private companies alike if we want to reduce the impact of these crimes on our lives.
References
0. - https://www.appriver.com
1. - https://www.riskbasedsecurity.com
2. - https://www.accenture.com
3. - https://www.purplesec.us
4. - https://www.statista.com
5. - https://www.ic3.gov
6. - https://www.fcc.gov
7. - https://www.ivanti.com
8. - https://www.pewresearch.org
ZipDo, cited June 2023: Data Crime Statistics
