2022 showed that cyber attacks are becoming increasingly sophisticated and show no signs of slowing. Major multinational companies, such as Nvidia, Toyota and Kronos, as well as national governments including Costa Rica and Montenegro, all fell victim to ransomware and data breaches.
Here are some more cybersecurity stats from 2022, to give you an idea of how the threat landscape is evolving
Top statistics from 2022
- Global attacks increased by 28% in the third quarter of 2022 compared to the same period in 2021. The average weekly attacks per organisation worldwide reached over 1,130.
- In 93 percent of cases, an external attacker breaches an organisation’s network perimeter and gain access to local network resources. The main route in is credential compromise, largely because of simple passwords being used.
- Business email compromise (BEC) accounts for 35% of all cybercrime losses according to an FBI report released in May. In addition, a separate FBI report shows that BEC attacks have amounted to more than $43B in exposed losses since June 2016.
- In 2022, data breaches cost businesses an average of $4.35 million. These costs have steadily grown in recent years with 2022 seeing a 2.5% increase on 2021.
- As of December 2022, investment fraud is the most costly form of cyber crime, with an average of $70,811 lost per victim.
- More than half (51%) of organizations don’t have an inventory of third-party apps with access to their network. This has enabled attackers to infiltrate company networks via these apps on email platforms.
- Only 50% of small and medium businesses (SMBs) have a cybersecurity plan in place although an additional 30% had a plan to implement something by the end of 2022. The lack of a plan is largely due to the costs for cybersecurity.
- The Healthcare sector was the most targeted industry for ransomware during the third quarter of 2022, with one in 42 organisations impacted by ransomware, a 5% increase YoY.
- The UK has the highest number of cyber crime victims per million internet users at 4783 as of December 2022 – up 40% over 2020 figures – followed by the USA with 1494, a 13% decrease over 2020.
- The worldwide cybersecurity market is estimated to reach up to $300 billion by 2026. The value of the market is growing rapidly as the demand for cybersecurity services and solutions is growing.
Whatever happens in 2023, it’s clear that robust cybersecurity that evolves with the threats is essential for all businesses.