Chuck Brooks headshot

Chuck Brooks: Vice President of Government Relations & Marketing, Sutherland Government Solutions

2016 was an alarming year for tallying increases in data breaches and analyzing the sophistication of cybersecurity attacks and threats. It is clear that companies and individuals are playing games of catch up from a growing array of cyber adversaries. The following links are compiled from recent statistics pulled from a variety of articles and blogs.

As we head into 2017 and plan to defend our PCs, smartphones, and networks, it it worth taking note to prepare for the potential cybersecurity implications in our changing digital landscape.

  • Hackers Attack Every 39 Seconds http://www.securitymagazine.com/articles/87787-hackers-attack-every-39-seconds#%2EWJ8WgHOJVzg%2Elinkedin
  • One in Three Americans Hacked in the Past Year https://www.munichre.com/HSB/hack-survey/index.html
  • 95 percent of breached records came from three industries in 2016: Government, retail, and technology http://www.techrepublic.com/article/forrester-what-can-we-learn-from-a-disastrous-year-of-hacks-and-breaches/
  • Around one billion accounts and records were compromised worldwide in 2016. That’s roughly three for every American citizen http://www.techrepublic.com/article/forrester-what-can-we-learn-from-a-disastrous-year-of-hacks-and-breaches/
  • 43 percent of cyber attacks target small business https://smallbiztrends.com/2017/01/cyber-security-statistics-small-business.html
  • The average cost of a data breach in 2020 will exceed $150 million by 2020, as more business infrastructure gets connected https://www.juniperresearch.com/press/press-releases/cybercrime-cost-businesses-over-2trillion
  • 64% of companies have experienced web-based attacks.  62% experienced phishing & social engineering attacks. 59% of companies experienced malicious code and botnets and 51% experienced denial of service attacks https://nudatasecurity.com/blog/scary-cyber-halloween/
  • In 2016, 40% of companies expect a data breach caused by malicious insiders https://www.ekransystem.com/en/blog/cyber-security-statistics-2016
  • Since 2013 there are 3,809,448 records stolen from breaches very day , 158,727 per hour, 2,645 per minute and 44 every second of every day https://nudatasecurity.com/blog/scary-cyber-halloween/
  • Study: 70 percent of US oil, gas companies hacked last year http://www.businesswire.com/news/home/20170216005632/en/Study-Reveals-Cybersecurity-Readiness-Gaps-America%E2%80%99s-Oil
  • Over 75% of health care industry has been infected with malware over last year https://www.scmagazine.com/75-of-healthcare-industry-hit-with-malware-report/article/569614/
  • Cybercrime damage costs to hit $6 trillion annually by 2021 http://www.darkreading.com/attacks-breaches/global-cost-of-cybercrime-predicted-to-hit-$6-trillion-annually-by-2021-study-says/d/d-id/1326742
  • Large-scale DDoS attacks up 140 percent in 2016’s fourth quarter http://gsnmagazine.com/node/47957?c=cbrne_detection
  • The median number of days that attackers stay dormant within a network before detection is over 200 https://swimlane.com/10-hard-hitting-cyber-security-statistics/
  •  Average time to detect a malicious or criminal attack by a global study sample of organizations was 170 days https://heimdalsecurity.com/blog/10-surprising-cyber-security-facts-that-may-affect-your-online-safety/
  • THE SCOPE OF IDENTITY THEFT:The 2016 Identity Fraud Study, released by Javelin Strategy & Research, found that $15 billion was stolen from 13.1 million U.S. consumers in 2015, compared with $16 billion and 12.7 million victims a year earlier http://www.iii.org/fact-statistic/identity-theft-and-cybercrime
  • Cybersecurity spending to exceed $1 trillion from 2017 to 2021 http://www.csoonline.com/article/3083798/security/cybersecurity-spending-outlook-1-trillion-from-2017-to-2021.html
  • CYBERCRIME WILL COST BUSINESSES OVER $2 TRILLION BY 2019 https://www.juniperresearch.com/press/press-releases/cybercrime-cost-businesses-over-2trillion
  • Cybersecurity Ventures reportedly estimates that the global cybersecurity space will grow at a CAGR of 9.8% from around $106.3 billion in 2015 to around $170.2 billion by 2020. Approximately $1 trillion is expected to be spent globally on cybersecurity from 2017 to 2021 https://www.zacks.com/stock/news/249933/why-cisco-csco-is-increasing-focus-on-cybersecurity
  • IDC estimates that worldwide businesses will spend $101.6 billion on cybersecurity in 2020, a 38% increase from the estimated $73.7 billion spend in 2016 with the banking sector spending the most. Geographically, the U.S. will lead with $31.5 billion on cybersecurity tools and services and Western Europe will be second with $19.5 billion https://www.zacks.com/stock/news/249933/why-cisco-csco-is-increasing-focus-on-cybersecurity
  • $19 billion: The proposed federal cybersecurity budget for 2017 http://www.fedtechmagazine.com/article/2016/02/president-obama-s-2017-budget-proposes-19-billion-cybersecurity-35-increase-2016
  • $11.8 billion: The estimated global cloud security market in 2022 https://techbeacon.com/38-cybersecurity-stats-matter-most
  • Unfilled cybersecurity jobs will reach 1.5 million by 2019 http://www.streetinsider.com/Press+Releases/Cybersecurity+Jobs+Report%3A+Workforce+Shortage+to+Reach+1.5+million+by+2019/11145582.html
  • More than 209,000 cybersecurity jobs in the U.S. are unfilled, and postings are up 74% over the past five year http://www.forbes.com/sites/stevemorgan/2016/01/02/one-million-cybersecurity-job-openings-in-2016/#2bbf85027d27
  • The risk is real with IoT and its growing. According to figures compiled within a recent Symantec Internet Security Threat Report, there are 25 connected devices per 100 inhabitants in the US http://www.darkreading.com/endpoint/iot-security-by-the-numbers/d/d-id/1325583?image_number=2
  • 2017 Will See 8.4 Billion Connected ‘Things’ https://campustechnology.com/articles/2017/02/09/gartner-2017-will-see-8.4-billion-connected-things.aspx
  • 50 to 200 billion connected devices by 2020 https://www.fool.com/investing/general/2016/01/18/internet-of-things-in-2016-6-stats-everyone-should.aspx
  • Human attack surface to reach 4 billion people by 2020  http://www.csoonline.com/article/3153707/security/top-5-cybersecurity-facts-figures-and-statistics-for-2017.html?ref=yfp
  • 99% of computers are vulnerable to exploit kits https://heimdalsecurity.com/blog/10-surprising-cyber-security-facts-that-may-affect-your-online-safety/
  • The top three cyberthreat concerns for 2016 were social engineering, insider threats and advanced persistent threats (APTs) https://www.isaca.org/pages/2016-cybersecurity-snapshot.aspx
  • 66%: The proportion of a survey of professionals who identified phishing and social engineering as top threats https://techbeacon.com/38-cybersecurity-stats-matter-most
  • 2,500 cases of ransomware costing victims $24 million in the US alone were reported to the Internet Crime Complaint Center for 2015 (Turkel, 2016) https://www.clearswift.com/blog/2016/05/24/10-shocking-malware-and-ransomware-statistics
  • 56,000 ransomware infections in March 2016, alone https://blog.barkly.com/ransomware-statistics-2016
  • More than 4,000 ransomware attacks have occurred every day since the beginning of 2016 https://blog.barkly.com/cyber-security-statistics-2017
  • 97% of malware is unique to a specific endpoint, rendering signature-based security virtually useless (Webroot, 2015) https://www.clearswift.com/blog/2016/05/24/10-shocking-malware-and-ransomware-statistics
  • 52% of organizations that suffered successful cyber attacks in 2016 aren’t making any changes to their security in 2017 https://blog.barkly.com/cyber-security-statistics-2017
  • Only 38 percent of global organizations claim they are prepared to handle a sophisticated cyberattack https://swimlane.com/10-hard-hitting-cyber-security-statistics/

Charles (Chuck) Brooks serves as the vice president for Government Relations & Marketing for Sutherland Global Services. Chuck also serves as chairman of CompTIA’s New and Emerging Technology Committee, and he serves as subject matter expert to the Homeland Defense and Security Information Analysis Center (HDIAC), a Department of Defense (DOD) sponsored organization through the Defense Technical Information Center (DTIC). Chuck also served as a technology partner advisor to The Bill and Melinda Gates Foundation. In government, he served at the Department of Homeland Security as the first director of Legislative Affairs for the Science & Technology Directorate.