Read about Introduction to Cyber Security. Recommended resources for Gartner clients*: *Note that some documents may not be available to all Gartner clients. Embedded Integration Platform Paragon Raises $13 Million To Become The Bridge Between Software Applications, 7 Easy Ways To Boost Your Digital Literacy, Mythic: How An Analog Processor Could Revolutionize Edge AI, SuperOrdinary Acquires Fanfix, Proving The Creator Economy Is Here To Stay, Data-Driven Decision Making Still Should Also Be Human-Driven, B2B Leaders: Embrace Trust As Your Business Imperative, Heres How Consumers Are Responding To Economic Uncertainty, The Best University Courses To Learn Metaverse Skills. Misuse of credentials is now a primary method that attackers use to access systems and achieve their goals. (, Google was fined $57 billion for GDPR violations by CNIL, a French data protection agency. are usually bigger targets for hackers who want to steal social security numbers, medical records, and other personal data. (, In April 2021, a two-year-old vulnerability was discovered that exposed the personal information of more than 533 million users. The WannaCry ransomware attack cost the U.K.s National Health Service (NHS) more than $100 million. (Forbes). Q: Why should I care about cybersecurity? Please try again later. A: The most common cyberattack methods include phishing and spear-phishing, rootkit, SQL injection attacks, DDoS attacks, and malware such as Trojan horse, adware, and spyware. While this will inevitably increase the burden of those responsible for information security in businesses, in the long term, this will only be a good thing. In 2022 we will undoubtedly continue to see attacks on IoT devices increase. Learn more: Your Ultimate Guide to Cybersecurity. The Five Biggest Cyber Security Trends In 2022. (, The average cost per lost or stolen record for an individual is $146. PMP, PMI, PMBOK, CAPM, PgMP, PfMP, ACP, PBA, RMP, SP, and OPM3 are registered marks of the Project Management Institute, Inc. Read about what is artificial intelligence? The CISO and the centralized function will continue to set policy, while cybersecurity leaders are placed in different parts of the organization to decentralize security decisions. (, About 60 percent of companies have more than 500 accounts with non-expiring passwords. continues to be a focus for many large companies, causing cloud-based operations to proliferate. Data Security. On top of this, COVID-19 has ramped up remote workforces, making inroads for cyberattacks. (, The average cost of a financial services data breach is $5.85 million. PwC Cloud and Digital Transformation BrandVoice, How To Earn Cash Rewards For Everyday Spending. And with more than 70 elections bound to be held this year, criminal activities during this time will surge. Unfortunately, most cybersecurity breaches are caused by human error. Expect high-profile data breaches, political and industrial secrets to top cybersecurity trends for 2022. (, More than two-thirds of cybersecurity professionals struggle to define their career paths. With more and more organizations now established on clouds, security measures need to be continuously monitored and updated to safeguard the data from leaks. Cybersecurity Trends: Where the Industry Is Heading in an Uncertain 2021, Webinar Wrap-Up: Cyber Security Trends and Careers in 2022, An Introduction to Cyber Security: A Beginner's Guide, Information Security Trends to Watch Out for in 2016, Top 10 Cybersecurity Trends to Watch Out For in 2022, Certificate and Masterclasses From UCI DCE, Learn the Fundamentals of Ethical Hacking. For large organizations, employees have access to 20 million files. A: Our world runs on data, and the integrity of our systems relies on strong cybersecurity measures to protect them. These changes in the way we work, together with greater use of public cloud, highly connected supply chains and use of cyber-physical systems have exposed new and challenging attack surfaces.. Another important cybersecurity trend that we can't seem to ignore is targeted ransomware. For years, cybercriminals have acted with the knowledge that understanding let alone policing of their activities is weak due to the fast-changing nature of technology. Last year saw many disruptions in the world of cybersecurity, even as the COVID-19 pandemic continues to recede. (, 1,000 news sources blocked EU readers to avoid the GDPR compliance rules. Please refine your filters to display data. (, Supply chain attacks were up more than 100 percent year-over-year in 2021. (, In 2017, 147.9 million consumers were affected by the Equifax Breach. (, More open roles exist for systems security analysts than any other cybersecurity profession. 15 influential cybersecurity statistics and facts, Unfortunately, most cybersecurity breaches are caused by human error, . Below are a few of the most impactful cybersecurity statistics related to the pandemic. Any minor flaw or bug in your system browser or software is a potential vulnerability for hackers to access personal information. has been increasing steadily as more executives and decision-makers realize the value and importance of cybersecurity investments. Skilled and experienced cybersecurity are among the highest-paid professionals in the IT industry. To successfully fight against malicious intent, its imperative that companies make cybersecurity awareness, prevention, and, For more in-depth security insights check out our, Influential cybersecurity statistics and facts, Critical data breach and hacking statistics, Cybersecurity compliance and governance statistics, Cybersecurity workforce statistics and predictions. Its crucial to have a grasp of the most common types of attacks and where they come from in order to guard against future infiltrations. (, 76 percent of cybersecurity professionals consider recruiting and hiring new employees difficult. However, the imbalance in skilled cybersecurity workers along with the high demand to fill these positions results in a crippling cybersecurity skills shortage. On top of this, COVID-19 has ramped up remote workforces, making inroads for cyberattacks. In fact, Garner predicts that industry-standard security rating schemes like SecurityScorecard, Black Kite, or UpGuard will become as important to companies as credit rating agencies. , and makes the company liable for compliance violations. (, On average, only five percent of companies folders are properly protected. Q: Where can I find more cybersecurity reports? Due to this, businesses will increasingly use cybersecurity resilience and exposure as a determining factor in choosing who they will partner with. (, Financial services have 449,855 exposed sensitive files, 36,004 of which are open to everyone in the organization. (, 27 percent of COVID-19 cyberattacks target banks or healthcare organizations and COVID-19 is credited for a 238 percent rise in cyberattacks on banks in 2020. This is borne out by Gartner's research which predicts that, by 2025, 60% of organizations with use cybersecurity risk as a "primary determinant when choosing who to conduct business with. Here are the top cybersecurity trends for 2022. Industries that store valuable information such as healthcare and finance are usually bigger targets for hackers who want to steal social security numbers, medical records, and other personal data. Although cloud applications such as Google or Microsoft are well equipped with security from their end still, it's the user end that acts as a significant source for erroneous errors, malicious software, and phishing attacks. (, A 2020 Twitter breach targeted 130 accounts including those of past U.S. presidents and Tesla CEO Elon Musk, resulting in attackers swindling $121,000 in Bitcoin through nearly 300 transactions. The average ransomware payment skyrocketed 518 percent in 2021 to $570,000. Dont become a statistic the time to change the culture toward improved cybersecurity is now. (, 90 percent of remote code execution attacks are associated with cryptomining. (, In 2018, businesses spent an average of $1.3 million to meet compliance requirements and were expected to spend an additional $1.8 million. When it comes to cybersecurity, not all industries are created equal. With infrastructure security a significant part of almost every organization today, it would be a good choice to start their learning curve in cybersecurity today to become experts for tomorrow. (, Worldwide cybercrime costs will hit $10.5 trillion annually by 2025. (, More than 300,000 Android users have downloaded banking trojan apps via the Google Play Store. (, Information security analyst job positions in the U.S. are expected to grow 31 percent between 2019 and 2029. Read more below to get a sense of the most common cyberattacks. (, There were nearly 800,000 complaints of cybercrime in 2020, up 300,000 from 2019. Crucially, AI means this can be done in systems that need to cope with thousands of events taking place every second, which is typically where cybercriminals will try to strike. (, A 2021 LinkedIn data breach exposed the personal information of 700 million users or about 93 percent of all LinkedIn members. Vendors are consolidating security functions into single platforms and introducing pricing and licensing options to make packaged solutions more attractive. These ransomware targets are more focussed such as the Wanna Cry attack on the National Health Service hospitals in England Scotland corrupted more than 70,000 medical devices. (, Financial services businesses take an average of 233 days to detect and contain a data breach. Worryingly there has been an increase in these types of attacks targeting critical infrastructure, including one at a water treatment facility that briefly managed to alter the chemical operations of the facility in a way that could endanger lives. (, Half of large enterprises (with over 10,000 employees) are spending $1 million or more annually on security, with 43 percent spending $250,000 to $999,999 and just 7 percent spending under $250,000. The global pandemic paved new avenues for cybercriminals to target victims via healthcare, unemployment, remote work, and more. However, more recently, a direct infection via USB devices by people who have physical access to machines is becoming increasingly common. (, 52 percent of legal and compliance leaders are concerned about third-party cyber risks due to remote work since COVID-19. As well as more widespread, in 2022 the IoT is also getting more sophisticated. (, The most expensive component of a cyberattack is information loss, averaging $5.9 million. Once again, we can largely blame this on the pandemic, and the growth in the amount of activity carried out online and in digital environments. Because of these remote workforces, cloud breaches will increase. (, $17,700 is lost every minute due to a phishing attack. (, More than 77 percent of organizations do not have an incident response plan. suggests most companies have poor cybersecurity practices in place, making them vulnerable to data loss. and (, In one of the biggest breaches of all time, three billion Yahoo accounts were hacked in 2013. (, The healthcare industry lost an estimated $21 billion to ransomware attacks in 2020. (, Confirmed data breaches in the healthcare industry increased by 58 percent during the pandemic. Data will continue to be a leading concern for organizations around the world. We've been keeping the world's most valuable data out of enemy hands since 2005 with our market-leading data security platform. Read more below to get a sense of the most common cyberattacks. When remote work is a factor in causing a data breach, the average cost per breach is $1.07 million higher. All rights reserved. Cybersecurity issues are diverse and always evolving and new malware and viruses are discovered every day. 2022 Forbes Media LLC. (, Approximately 70 percent of breaches in 2021 were financially motivated, while less than five percent were motivated by espionage. (, The average cost of a malware attack on a company is $2.6 million. It may be necessary to come up with creative. Currently, 60% of knowledge workers are remote, and at least 18% will not return to the office. By clicking the "Subscribe" button, you are agreeing to the (, On average, a company falls victim to a ransomware attack every 11 seconds. (, Security breaches have increased by 11 percent since 2018 and 67 percent since 2014. will remain an issue as more jobs go unfilled. Half a million Zoom user accounts were compromised and sold on a dark web forum during the first month of the pandemic. This will help show the prevalence and need for cybersecurity in all facets of business. (, In 2018, an average of 10,573 malicious mobile apps were blocked per day. IoT devices will become more vulnerable to cyberattacks as 5G increases bandwidth to connected devices. The PG Program in Cyber Security will equip you with the skills needed to become an expert in this rapidly growing domain. This is the highest when comparing industries. (Forbes), A: Hackers attack every three seconds. Ransomware typically involves infecting devices with a virus that locks files away behind unbreakable cryptography and threatens to destroy them unless a ransom is paid, usually in the form of untraceable cryptocurrency. Read about What Is the Internet of Things (IoT) and Why It Matters? As we head into 2022, there is, unfortunately, no sign of this letting up. (, GDPR fines totaled $63 million in the first year. (, Identity theft rose 42 percent in 2020 compared to the year before. Rethink the security technology stack to address sophisticated new threats. To successfully fight against malicious intent, its imperative that companies make cybersecurity awareness, prevention, and security best practices a part of their culture. With these increases, many companies cybersecurity budgets continue to rise as well. Download now: 3 Must-Haves in Your Cybersecurity Incident Response Plan. (, Cyber insurance prices rose 96 percent in Q3 2021, marking a 204 percent year-over-year increase. These cybersecurity trends in 2022 are bound to have more fear in organizations to stack their security measures. Gartner uses the term identity threat detection and response (ITDR) to describe a collection of tools and processes to defend identity systems. (, 65 percent of cybercriminal groups used spear-phishing as the primary infection vector. Businesses that arent able to answer questions about their cybersecurity arrangements or ratings will increasingly find themselves out in the cold. AI enabled threat detection systems can predict new attacks and notify admins for any data breach instantly. In the GDPRs first year, there were 144,000 complaints filed with various GDPR enforcement agencies and 89,000 data breaches recorded. Interested in entering the cybersecurity field? (, The average total cost of a breach in very large companies (more than 25,000 employees) decreased from $5.11 million in 2019 to $4.25 million in 2020. These vehicles use Bluetooth and WiFi technologies to communicate that also opens them to several vulnerabilities or threats from hackers. Report by Verizon in data breach gives strategic insights on cybersecurity trends that 34 percent of total attacks were directly or indirectly made by the employees. (, 70 percent of cybersecurity professionals claim their organization is impacted by the cybersecurity skills shortage, Six in 10 security operations center professionals think only half their cybersecurity applicants are qualified. (, 54 percent of companies say their IT departments are not sophisticated enough to handle advanced cyberattacks. (, The total cost of cybercrime for each company increased by 12 percent from $11.7 million in 2017 to $13.0 million in 2018. from sources that are increasingly common in the workplace, such as mobile and IoT (internet of things) devices. Cybersecurity is a day-to-day operation for many businesses. Security and risk management leaders need to partner with other departments to prioritize digital supply chain risk and put pressure on suppliers to demonstrate security best practices. (, In 2020, Marriott disclosed a security breach that impacted the data of more than 5.2 million hotel guests. While it may introduce new challenges such as reduced negotiating power and potential single points of failure, Gartner sees consolidation as a welcome trend that should reduce complexity, cut costs and improve efficiency, leading to better overall security. (, Malware increased by 358 percent in 2020. 2022Gartner, Inc. and/or its affiliates. (, Americans lost more than $97.39 million to COVID-19 and stimulus check scams. (, By 2023, the total number of DDoS attacks worldwide will be 15.4 million. Whether it be for an individual or organization, safeguarding digital data is the primary goal now. Human error is still one of the primary reasons for the data breach. Remote workers will continue to be a target for cybercriminals. These industry trends and predictions are expected to take hold in 2022 and beyond: The worldwide information security market is growing rapidly. (, IoT devices experience an average of 5,200 attacks per month. (, Ransomware attacks rose by 435 percent in 2020 compared to 2019. company director to initiate a $35 million bank transfer. Privacy Policy. Gartner Terms of Use Weak cybersecurity measures can have a massive impact, but strong cybersecurity tactics can keep your data safe. Average expenditures on cybercrime are increasing dramatically, and costs associated with these crimes can be crippling to companies who have not made cybersecurity a significant part of their budget. Similarly, the California Consumer Privacy Act (CCPA) was applied after January 1st, 2020, for safeguarding consumer rights in the California area. (, In 2018, Under Armour reported that its My Fitness Pal app was hacked, affecting 150 million users. (, Washington, D.C. has the highest concentration of cybersecurity professionals at more than 8x the national average. This is due in large part to organizations stepping up their defenses against cyber threats and a rise in such threats, including within their own companies. Once again, education and awareness are two of the most useful tools when it comes to protecting against these vulnerabilities. (, Phishing attacks account for more than 80 percent of reported security incidents. Average expenditures on cybercrime are increasing dramatically, and costs associated with these crimes can be crippling to companies who have not made cybersecurity a significant part of their budget. All Rights Reserved, This is a BETA experience. Human error continues to feature in most data breaches, showing that traditional approaches to security awareness training are ineffective. (, 94 percent of malware is delivered by email. (, The average cost of a ransomware recovery is nearly $2 million. We could also see a growing number of legal obligations handed to Chief Information Security Officers, in line with the responsibilities of Chief Financial Officers, in an attempt to limit the impact of data thefts, losses, and breaches on customers. (, Companies reportedly spent $9 billion on preparing for the GDPR and, in 2018, legal advice and teams cost UK FTSE 350 companies about 40 percent of their GDPR budget, or $2.4 million.
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