15 Must-Know Cyber Security Stats for 2020

A turbulent decade is now behind us. In the last ten years, hackers attempted to break into business networks every 39 seconds¹. Global spending on cyber security has rocketed up from $3.5 billion in 2004 to a staggering $120 billion in 2017. This is not going to go down, with an estimated $170.4 billion expected to be the figure by 2022.

With this rise in spend, it’s safe to say we’re all cyber secure and those hackers haven’t had any luck in years. Except throughout the decade roughly four billion records were stolen and there were approximately 10.52 billion malware attacks² recorded in 2018 alone. So, maybe not. The fact is, businesses are as vulnerable as ever, and getting the right security strategy in place is still a challenge with numerous shifting factors. With this in mind, here are 15 top cyber security statistics to consider as we take our first tentative steps into an uncharted decade.

Things don’t look like they’ll be getting any better on the security front in the coming years. If anything, the stats show that there’s no predicting what will come next. Companies have a responsibility to protect their customer data, and failing to do so could cost a lot of money. As we progress into 2020, it’s more important than ever to invest in cyber security or you’re likely to be among next year’s stats.

1. https://www.itproportal.com/features/cybersecurity-and-data-privacy-trends-in-2020/

2. https://www.statista.com/statistics/873097/malware-attacks-per-year-worldwide/

3. https://securityboulevard.com/2019/06/the-rise-of-the-data-protection-officer/

4. https://www.keepersecurity.com/assets/pdf/Keeper-2018-Ponemon-Report.pdf

5. https://www.beaming.co.uk/cyber-reports/cyber-threat-report-q3-2019

6. https://www.techrepublic.com/article/cybersecurity-malware-lingers-in-smbs-for-an-average-of-800-days-before-discovery/

7. https://www.rsaconference.com/library/blog/the-future-of-companies-and-cybersecurity-spending

8. https://comtact.co.uk/phishing-statistics-2019-the-shocking-truth/

9. https://www.csoonline.com/article/3440069/uk-cybersecurity-statistics-you-need-to-know.html

10. https://www.redseal.net/files/PDFs/RedSeal%20UK%20B2B%20Research%20SUMMARY_July2019.pdf