As the New Year starts, let’s take a look at some stats to help you keep up with the latest cybersecurity trends

As the roller coaster ride of a ride comes to an end in 2021 and we enter a more hopeful New Year, we felt it pertinent to compile a list of powerful cybersecurity stats to help you stay on top of your security and privacy game in the next 12 months. We hope the list helps you understand that cybersecurity permeates every facet of your digital life and should not be viewed as an afterthought

Without further ado, here is our list of 22 of the most impactful or interesting cybersecurity stats for 2022:

  1. 2021 saw the highest average cost of a data breach in 17 years, with the cost increasing from $ 3.86 million to $ 4.24 million per year. (IBM cost of a data breach report 2021)
  2. The shift to remote work caused by COVID-19 has had a direct impact on the cost of data breaches. The average cost of a data breach was $ 1.07 million higher when remote work was a contributing factor. (IBM cost of a data breach report 2021)
  3. The number one cause of data breaches was stolen user credentials. As a commonly used attack vector, they accounted for 20% of security breaches, with these security breaches costing an average of $ 4.37 million. (IBM cost of a data breach report 2021)
  4. The IT management software provider Kaseya had its systems in mid-2021 compromised by the Sodinokibi ransomware, with the perpetrators demanding a $ 70 million ransom – the highest ransomware fee to date. (ESET Threat Report T2 2021)
  5. 36% of security breaches were related to phishing attacks, an 11% increase partly due to the COVID-19 pandemic. As expected, threat actors were observed optimizing their phishing campaigns based on the latest news. (Verizon 2021 Data Breach Investigation Report)
  6. Social engineering attacks are the number one threat to public administration, accounting for 69% of all public administration violations analyzed by Verizon in 2021. (Verizon 2021 Data Breach Investigation Report)
  7. Shortly after Log4Shell, the critical vulnerability in the Log4j logging utility, became known in December 2021, ESET discovered and Hundreds of thousands of exploitation attempts blocked, with most of them located in the United States and the United Kingdom. (ESET research)
  8. 2021 saw an incredible surge in Android banking malware detection. In T1 it rose by a staggering 158.7%, and in T2 it saw a steady growth of 49%. This should be viewed as a worrying trend as banking Trojans have a direct impact on the financial values ​​of their targets. (ESET threat reportt T2 2021)
  9. Four years later WannaCryptor (aka WannaCry) is still a global threat to be reckoned with. In T2, the infamous Trojan horse that infects computers susceptible to the EternalBlue exploit topped ESET’s ransomware detection tables with 21.3% of detections. (ESET Threat Report T2 2021)
  10. Cryptocurrency investment scams remain popular. Victims were defrauded of more than $ 80 million between October 2020 and May 2021. The real number is likely to be higher as many people feel ashamed to admit they have been scammed. (United States Federal Trade Commission)
  11. Cryptocurrency has been the preferred payment method for cyber criminals for some time, especially when it comes to ransomware. Up to $ 5.2 billion worth of bitcoin outbound transactions may be linked to ransomware payouts affecting the 10 most common ransomware flavors. (FinCEN Report on Ransomware Trends in Banking Secrecy Data)
  12. In early 2021, the infamous Emotet botnet, one of the longest running and most widespread malware threats, disrupted in a large-scale global law enforcement operation. Around 700 command and control servers were taken offline during the bankruptcy (Europol)
  13. The Cybersecurity Workforce Estimate, which evaluates the number of available cybersecurity experts worldwide, estimates the pool of specialists in 2021 at around 4.2 million. That is 700,000 more than in the previous year. [2021 (ISC)2 Cybersecurity Workforce Study]
  14. The same study also concluded that the cybersecurity workforce gap has narrowed for the second year in a row. While in 2020 the number of additional cybersecurity specialists companies needed to defend their assets was 3.12 million, that number dropped to 2.72 million in 2021. [2021 (ISC)2 Cybersecurity Workforce Study]
  15. To compensate for the lack of cybersecurity professionals required to effectively defend companies’ critical assets, the global cybersecurity workforce would need to grow by a whopping 65%. [2021 (ISC)2 Cybersecurity Workforce Study]
  16. A total of 82% of organizations have admitted increasing their cybersecurity budgets over the past year, with that amount accounting for up to 15% of total IT spending. (Accentures Cybersecurity resilience level 2021 Report)
  17. In recent years, threat actors have moved from simply infecting systems with ransomware to double-acting extortion, threatening to exfiltrate the data and make it available to the public or sell it. The threats to leak the stolen data have soared, from 8.7% in 2020 to a whopping 81% in the second quarter of 2021. (ENISA threat landscape 2021)
  18. The total cost of fixing a ransomware attack has increased significantly. While the cost was $ 761,106 in 2020, the total cost of fixing a ransomware attack skyrocketed to $ 1.85 million in 2021. (ENISA threat landscape 2021)
  19. The number of distributed denial-of-service attacks (DDoS) is also on the rise, partly due to the COVID-19 pandemic. More than 10 million attacks took place in 2020, 1.6 million more than in the previous year. (ENISA threat landscape 2021)
  20. In 2020, the Federal Bureau of Investigation (FBI) Internet Crime Center (IC3) received a record 791,790 cybercrime complaints, with reported losses responsible for approximately $ 4.2 billion in damage. (FBI Cyber ​​Crime Report 2020)
  21. Business Email Compromise (BEC)Fraud remains the most costly cybercrime, with losses of over $ 1.86 billion in 2020, according to the latest available data from the FBI. In comparison, the second most expensive scam – trust / romance scams – recorded losses of “only” about $ 600 million. (Cyber ​​Crime Report 2020)
  22. Elderly people were disproportionately affected by cybercrime, as around 28% of total fraud losses were suffered by victims over the age of 60. This equates to a loss of approximately $ 1 billion for elderly victims. (IC3 2020 Elderly Fraud Report)

There you have it. Granted, these statistics are only the tip of the iceberg when it comes to threats to individuals and organizations. Nevertheless, we hope that they will give you an idea of ​​how cyber threats are evolving and growing.

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