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Return To: Cyber Insurance – The Ultimate Guide

It seems you can’t go a week anymore without hearing about a massive new data breach. Hacking, ransomware, phishing… cyberattacks are on the rise and they’re here to stay. Here’s a look at some cybersecurity stats.

  1. Almost half (43%) of all cyber attacks hit small businesses.
  2. 38% of organizations feel they’re equipped to deal with a major cyberattack.
  3. Roughly one billion accounts were breached in 2016.
  4. The top targets for hackers are government organizations and retail.
  5. 75% of the healthcare industry has been hit with malware.
  6. On average, it takes companies 170 days to detect the presence of a hacker or malicious code.
  7. By 2020, the average cost of a data breach is expected to be over $150 million, with an annual cost of $6 trillion the following year.
  8. Since the beginning of last year, there have been 4,000 ransomware attacks every day.
  9. Over half of the organizations that were hit with cyberattacks in 2016 didn’t plan to make any changes to their cybersecurity procedures.
  10. As of last year, there were over 200,000 cybersecurity jobs that were unfilled. If you want a job that will be around for a while, that’s the way to go.

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