Statistics are often created to drive change, have you noticed that? They can seem overwhelming, or not relevant in the place we discover them. There are some important cyber security statistics that we should keep an eye on to make sure that we are ready for anything that is emerging on the horizon, or things we need to take note of and implement.
Alongside statistics, there are also “trends” that are highlighted in many a news article which are often not explained or feel like buzzwords or corporate jargon. So, we have decided to collect them, explain them, and ensure that those that are reading know what to do with the statistics that are floating around our sector and what trends need to be taken notice of.
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Here are the statistics we want you to take notice of
- Ethical Hackers were able to discover 21% more vulnerabilities in 2022, than in 2021. Now luckily for us, these are the good guys who work tirelessly to discover threats and alert those necessary to get the issue fixed and resolved. This is a remarkable increase that shows that we really need to be aware of our own landscapes and the weaknesses that may lie within them.
- Cybercrime is not cheap…. the predicted cost impact from cybercrime is set to hit 8 trillion dollars in 2023 and continue to rise to 10.5 trillion dollars by 2025. Now we don’t know about you, but many organisations and institutions don’t have that kind of money hidden away ready to mitigate the impact of a cyber threat or breach.
- Humans are the worst. The human element is the most common threat issue when it comes to cyber security. 82% of the time the root cause of an issue is an individual (no pressure here, but this is an eye-opener) This is especially the case with phishing attacks which are often delivered via email. These types of cyber security attacks trick a user into clicking a link for example which gives the cyber criminals or hacker access to an IT infrastructure which can lead to exploitation.
- We can’t trust everything that we see. According to a report released at the end of 2022 66% of organisations have seen a deep fake. A deep fake is a type of artificial intelligence (AI)-based technology that creates realistic synthetic media, such as images, videos, or audio. This is not a small number and shows a need for additional training around what people may experience online and what a cyber threat can appear as or look like.
- 62% of organisations at the end of 2022 stated that they felt understaffed in terms of cyber security professionals or team members that understood cyber security. Ouch. Over half of the organisations approached feel that they don’t have someone in a team to ensure they are protected.
These statistics showcase a real need for a push in training, education and understanding of cyber security and what a cyber threat could look like to an individual.
What cyber security trends are emerging?
AI is on the rise
AI is everywhere, and with the recent launch of a certain language model piece of software, it's also at the forefront of most businesses' agendas. AI has altered the landscape of cyber security due to its ability to analyse large amounts of data and detect threats in real-time, providing faster and more accurate detection of cyber-attacks than traditional security solutions.
By leveraging the capabilities of AI, cybersecurity teams can improve the efficiency and effectiveness of their security operations, helping to protect organisations and individuals from cyber threats.
Mobile devices are in the firing line
Due to a significant increase in attacks (50% since the previous year) our mobile devices are becoming more and more targeted. We use our phones for more and more processes, which leaves us more open to cybersecurity attacks. This should be a key area of focus for 2023 for cyber security professionals.
The cloud may be more vulnerable
With the increasing adoption of cloud computing, more organisations are storing sensitive information and running critical applications in the cloud, making it a prime target for cyber threats.
In cloud computing, the responsibilities for security are shared between the cloud provider and the user, requiring cybersecurity professionals to understand the unique security challenges of the cloud. These dynamic complex landscapes are also constantly evolving, which also adds another issue of trying to stay up to date with the latest security threats and compliance. Given these challenges, it is important for cybersecurity professionals to focus on the cloud as a key area of concern, do you agree?
There is a lot going on, and at Core to Cloud we want you to stay as up-to-date as possible, so why don’t you sign up for our newsletter here to receive regular updates from us. It’s not all doom and gloom we promise, but we understand the need to highlight these key statistics to ensure that you understand what is happening within this sector and the things you need to watch out for and implement.
