Helpful Facts and Figures

• An estimated $6 trillion will be spent globally on cybersecurity by 2021
• On average after a breach, company share prices fall 7.27%
• It takes companies nearly 6 months to detect a data breach
• 77% of organizations do not have a cybersecurity response plan
• 95% of cybersecurity breaches are due to human error
• By 2020 there will be roughly 200 billion connected devices
• 95% of breached records came from only three industries in 2016
• There is a hacker attack every 39 seconds
• The average cost of a data breach in 2020 will exceed $150 million
• In 2018 hackers stole half a billion personal records
• The number of cellular Internet of Things (IoT) connections is expected to reach 3.5 billion in 2023 – increasing with an annual growth rate of 30%. (Ericsson)
• Gartner forecasts that 25 billion connected things will be in use by 2021. (Gartner)
• 63% of people find connected devices ‘creepy’ in the way they collect data about people and their behaviors. (Consumers International & Internet Society)
• Once plugged into the internet, connected devices are attacked within 5 minutes and targeted by specific exploits in 24 hours. (NETSCOUT)