Cybersecurity Statistics In April 2024

Know how cyberattacks can harm or steal your enterprises, private data, computing systems, networking models, cryptocurrencies, and more?

Have you heard how much these attacks have cost the world, notably the US, UK, and Canada, the major targets of cybercriminals over the past 12 years?

These attacks are dangerous for individuals, small and large businesses, government or private organizations, educational departments, healthcare centers, and more than we can conceive.

Our investigation found 2200 cyberattacks daily in the US, 39 per second. Each data breach costs $9.44 Million and the finance department predicts $8 Trillion in damage by 2023.

In this article: We’ll discuss all the cybersecurity statistics of 2023, their types, targets, and how they can affect each industry in a country. Stay tuned till the end to find out how the cyberattacks work and what is the best way to avoid cyberattacks in 2023.

Cybersecurity Predictions For 2023 And Beyond

Here are some of the notable Cybersecurity Predictions for 2023 and the coming years:

• Latest Cybersecurity Laws will hold the private information and data of 75% of the globe’s population by the end of 2025.
• Financial Costs of Data Breaches will be reduced by an average of 90% by the end of 2023.
• Around 30% organizations will start to use Cloud Access Security Brokers(CASB), Cloud Based Secure Web Gateway(SWG), FireWall as a service(FWaaS), and Zero Trust Network Access(ZTNA).
• Remote and Hybrid Work Opportunities and Culture will continue to rise.
• By the end of 2026, 70% CEO’s will spread cybersecurity awareness by adding cybersecurity risk requirements in the contract forms.

Cybersecurity Statistics By Country

The United States, United Kingdom, and Canada are some of the most famous countries which are facing millions of cyberattacks every second. All of their details are mentioned below:

United States

• The United States has the record of the world’s biggest security breach at $8.64 Million Dollars on average.
• Malware Attacks have increased by 359% compared to the previous year.
• More than $10.2 Billion Dollars are lost due to cybercrime.
• Every year, the US becomes the victim of almost half of the cyber attacks due to lack of cyber insurance.
• The US has an average of 8x cybersecurity professionals, alone in Washington.

United Kingdom

• The number of cybercrime victims in the US has reached more than millions of internet users.
• Between 2021 and 2022, over 80% organizations became the victim of cyberattacks.
• The UK ranks at the 8th position for cybersecurity out of 75 countries.
• One of the most interesting facts is that 77% of the UK Organizations have cyber security insurance, but even they can’t stop the cybercrime.
• In 2021, 400,000 victims of cybercrime were reported, and now 80% of the UK management see Cybersecurity as a high priority.

Canada

• Canada’s Cyber Security score is 13 out of 75.
• Almost half of the Canadian residents have been the victims of cybercrime.
• More than 1 in 10 Canadian Businessmen become the successful target of cyberattacks each year.
• Canadian Organizations(Small Businesses and Private Sectors) spend more than $113, 000 to prevent cyberattacks.
• Many Canadian Businesses started to spend more than $3 Billion Dollars in 2023.
• 38% Canadian Businessmen have at least one employee to oversee the cyberthreats or partnered with a contractor or consultant to manage cyber attacks.

Cybersecurity Statistics By Target

We have classified all the targets of cybercrime in our cybersecurity statistics report.

Some of the crucial ones are described below:

Website Security

Millions of cybercrimes occur every second, making no website secure. Malware and social engineering strike a website every 39 seconds, according to Cybersecurity Statistics. Daily hacks of nearly 50k websites are likely to rise. 

WordPress plugins cause 97% of security breaches, e-commerce websites have 75% fraud data, and 8% of wordpress websites are hacked due to weak passwords. With 4.1 million malware-infected websites, these numbers are absurd. 22% of WordPress admins ignore security. US assaults account for about 25%.

Mobile Security

Avoid mobile spam links to avoid cyber attacks. 75% of phishing sites are mobile-friendly, 44% of mobile organizations suffer security breaches from user engagement, and 18% of mobile phishing email clicks.

We are concerned that 41% of organizations worldwide allow employees to use smartphones to access corporate systems and data. Google and Apple fight 1.2 to 1.6 million mobile apps daily for the same reason. Never let staff use their phones at work.

Network Security

You can control website and mobile security, but Network Security is difficult to maintain due to the following reasons:

• By using USB or External Hard Drives, 52% of malware can bypass network security.
• 90% of cyberattacks try to attack the servers to take over the whole network.
• 51% of organizations report that physical attacks are another common method to steal sensitive data and cloud credentials.
• 39% of organizations consider network security as a significant challenge.
• 45% of Business Owners have experienced a cloud-based data breach during the past few years.

Identity Theft

One-third of Americans (often aged 30–35) have been victims of identity theft, and more than 50,000 personal data have been hacked. Almost $24 million to 55 million dollars are lost every year due to ID card theft, reported by Finance UK. 

The European ATM Security Team states that every year we lose over 200 million dollars due to ATM Fraud in Europe. Our cybersecurity data show that 87% of people’s personal information is accessible while browsing. While 86% don’t use VPNs, 42% shop on public wifi networks, and 79% of Americans share their passwords with friends and family. These are the common reasons why identity theft is happening.

API Security

Our cybersecurity statistics show that API accounts for a total of 91% of all website traffic, which makes it a prime target for malware and other types of cyberattacks. API threats have increased by 286% to 861%, which cause data breaches or data loss. 

According to Saint Labs, 34% of organizations have no API Security Plan, while 91% of APIs openly expose sensitive information and data. On the other hand, 62% of organizations slow down new applications rolled out due to lack of expertise and resources regarding API Security concerns.

Cybersecurity Statistics By Type

Read this cybersecurity statistics study to learn which sort of cybercrime is hurting your organization and how to handle it:

Malware

Malware is a cyberattack that disables computers and networks to gain unauthorized access to private or sensitive data (infographics, movies, images, etc).

This type of attack is designed to be used in every type of hack from Ransomware to DDoS including viruses, worms, rootkits, and trojans. It’s difficult to detect and remove and mostly attacks mobile phones, Desktop Computers, and Emails.

Ransomware

Ransomware is one of the most dangerous and destructive types of malware that encrypts data, making it useless until the victim pays the ransom. In 2022, 71% of firms were hit by ransomware, and 70% paid the ransom to recover their data. 

IBM claims ransomware detection takes 49 days, leaving businesses and organizations vulnerable. 67 active RaaS (Ransomware-As-A-Service) incidents were reported in the first six months of 2023, and this will continue until you engage a secure networking agency like VPNs or cybersecurity organizations.

Phishing

Phishing is a cyberattack in which hackers send firms professional-looking emails with malware to steal private or sensitive data. 

This attack is mostly used to target finance departments or companies because phishing took 295 days to detect and most businesses can’t wait that long. This type of attack is mostly used to destroy businesses, steal data, ransom money, and more than we can imagine.

DDoS And IoT

If your website, mobile app, or online forms get millions of users overnight and your server breaks from millions or trillions of requests, DDoS and IoT may occur. 

This attack cripples systems, networks, or organizations and distracts website owners while the attacker uses ransomware to hijack the victims’ networking systems completely.

Our Cybersecurity Statistics state that “many big organizations like Microsoft and Cloudflare stopped a total of 1972.2 million attacks in 2022. The most surprising part about these attacks is that they lasted 30 seconds and came from 20,000 bots, a 40% increase from last year.

Cryptojacking

As we all know, cryptocurrency takes a lot of computational power and electricity to mine, and this process costs a fortune. Most people buy them, however, the most malicious utilize crypto-jacking to mine cryptocurrency and avoid charges.

This attack has ruined 500,000 people, increased by 269% this year, and caused 3 billion dollars of cryptocurrency. According to our cybersecurity statistics research, crypto Jacking is caused by malware introduced via phishing emails or hacked websites.

Have you ever thought of a solution? You never know when millions of cybercriminals will launch a cyberattack on your organization or person. We recommend buying a VPN or hiring a cyber security service to protect your companies, organizations, departments, and institutions.

Cybersecurity Statistics By Industry

After studying how cybercrime varies by country, target, and type, it’s time to understand which industry has been attacked more often by cyberattacks in recent years. We have added a list of top 5 industries which burdens the loss of billions of dollars in the past 10 years. Here is the list:

Healthcare

Cybercriminals have been attacking the healthcare industry for 12 years, one of the largest in the United States. Our cybersecurity statistics show that “healthcare organizations faced 1,420 cyberattacks in 2022, which includes New York-Presbyterian (NYP) Hospital which faced approximately 12,000 data breaches and Aveanna Healthcare which faced phishing data breaches to which they had to pay $425,000 in settlements.”

Why do people attack healthcare organizations? Easy money, no security, and VIP patient data.

Education

Our cybersecurity statistics show that “Educational institutions in the US and UK have been victims of almost 2,000 ransomware attacks weekly for the past year, with attacks such as Hive and Lockbit affecting all organizations.”

The ANZ region has the most phishing assaults targeting schools, colleges, and universities, where instructors, students, and staff are offered high-paying positions, scholarships, and admissions forms to enter organizations’ computer systems and networks.

Finance

If someone told you that ransomware attacks have increased in the finance industry by 1,300%, would you believe me? Yes, I know it’s hard to believe that 17.5 million credit card information was sold in the black market last year. 

Hackers have registered 10,000 domains to assault financial institutions, with 80% of firms reporting at least one security breach in the past year, according to our cybersecurity statistics.

71% of firms have experienced fraudulent payment methods, and IT pros claim the banking sector is a soft target for hackers due to its third-rate cyber security.

If you want to secure your business or protect your private information from hackers, we recommend using a secure Virtual Private Network (VPN).

Government

Nothing has ever crippled the government of any country like a series of cybercrime attacks during the last year and this trend will continue to grow. About 95% of governments worldwide were attacked by cybercriminals in the second half of the year 2022 and among them 4% of attacks were ransomware.

Our cybersecurity statistics highlight the fact that “one county in Colorado lost $238,000 to hackers while the government lost $70 billion to ransomware attacks from 2018 to 2022, and there is no sign that these attacks will ever stop or decrease.

Business

Cyberattacks aren’t new for Small Businesses, organizations, and institutes as they can’t invest in cybersecurity due to their low sales and revenue. It’s interesting that only 26% of small businesses consider cybersecurity a threat as they know the effects of cryptojacking, phishing, malware, ransomware, and other cyberattacks.

Final Thoughts

Do you want to spend your entire fortune in a ransomware attack or do you want to do something to protect your business? An inexpensive but secure virtual private network can safeguard your company from intrusions if you can’t afford a cybersecurity firm. 

The statistics we present in this blog highlight the importance of cybersecurity in our increasingly digital world. It would be best to take proactive measures to protect individuals’ and organizations’ sensitive information and assets. We can all play a vital role in creating a safer and more secure online environment by staying informed and vigilant.