Security Compliance Statistics 2024 – Everything You Need to Know

• Bill / invoice 15.9% Email delivery failure 15.3% Legal / law enforcement 13.2% Scanned document 11.5% Package delivery. ^[3]
• 7% bill / invoice 3% email delivery failure notice 4% package delivery. ^[3]

Security Compliance Latest Statistics

• Arecent studyfound that for companies trading on the NASDAQ that experienced a data breach, their share price was an average of 13% lower than the Index three years after the incident. ^[5]
• ofdata breaches in 2019went up 54%. ^[5]
• Businesses thatlost less than 1% of their customersas a result of a data breach lost on average $2.8 million; those that lost 4% or more of their customers lost $6 million. ^[5]
• 48% of data breaches are caused byhackers and criminal insiders. ^[5]
• The 2019 Global Data Risk Reportfrom Varonis found that 53% of organizations leave 1,000 or more files with sensitive data open to all employees, whether the employees actually need access to the data or not. ^[5]
• This study released in 2020 revealed the following facts Approximately 2.77% of companies reported a data breach over the past fifteen years. ^[5]
• Companies in the bottom 25% of Osano Privacy Scores lost, on average, 53.4 million records during a data breach. ^[5]
• Of organizations that are currently using Governance, Risk, and Compliance technology, 61% of them plan toincrease their spendingon platforms in the next three years. ^[5]
• 86% of companies surveyed agreed that innovative digital technologies have helped identify financial crime. ^[2]
• The leading risk among organizations for 2021 was business interruption (41%). ^[2]
• This was followed closely by cyber incidents such as cybercrime, data breaches, and fines and penalties at 40%. ^[2]
• 70% of risk and compliance experts said the pandemic has increased their reliance on technology to improve decision making, performance monitoring, and risk management. ^[2]
• Firms have identified the top five risk and compliance functions that can benefit from technology as the following Vendor oversight (54%) Marketing reviews (41%) Compliance policy/activity tracking (41%) Trade surveillance (32%). ^[2]
• Cybersecurity practices among vendors are becoming an expectation, as 44% of firms say they are being asked for proof of cybersecurity as part of a request for proposal. ^[2]
• Navex Global found that the number of “mature and advanced” risk and compliance programs grew by 29%, while the number of “reactive and basic” ones declined by 35%. ^[2]
• 34% of organizations outsource some or all of their compliance functionality. ^[2]
• When security professionals are asked how to improve their company’s security posture, the top answer is upgrading tools (67%). ^[2]
• 80% of respondents say they had a business continuity plan in place and that it helped them navigate the pandemic’s impact. ^[2]
• There has been a 45% increase in the cost of non. ^[2]
• 50% of organizations said they spend 6 10% of their revenue on compliance costs. ^[2]
• 31% of respondents predict their compliance teams will grow in the next 12 months, down from 43% in 2018. ^[2]
• Regulators fined banks $10 billion in a 15 month period through 2019, with most of those fines caused by cyber attacks (60%). ^[2]
• Under the GDPR, EU authorities can fine organizations up to €20 million, or 4% of worldwide turnover for the preceding financial year. ^[2]
• 44% of organizations say their top compliance management challenges are handling compliance assessments, undergoing control testing, and implementing policy and process updates. ^[2]
• 76% of compliance managers say they manually scan regulatory websites to track changes and assess the impact on their organization. ^[2]
• Stagnant budgets and a shifting workforce have left many compliance teams feeling stretched, with 87% of organizations reporting they have no additional capacity due to being understaffed or only adequately staffed. ^[2]
• 55% of organizations say their compliance culture is based around a “Can we?” rather than “Should we?” attitude, indicating a focus on building a more proactive and positive compliance culture. ^[2]
• 43% of those under extreme pressure to increase revenue due to the pandemic said they would like to deploy and ML to combat financial crime in the future. ^[2]
• 68% of companies prioritize threats according to the potential cost to the business. ^[2]
• In the wake of the pandemic, compliance training has shifted to elearning, with 62% of organizations reporting using that method rather than blended learning (30%). ^[2]
• 44% of organizations have experienced a breach within the last 12 months, with 74% saying it was the result of giving too much privileged access to third parties. ^[2]
• 47% of firms predict they will spend more on third party risk management resources in 2021. ^[2]
• 58% of organizations say that the top challenge they face when it comes to third party risk management is vendor responsiveness in the due diligence phase. ^[2]
• 48% of organizations find it challenging to track third. ^[2]
• 63% of organizations say that reliance on a vendor’s reputation is the most common reason they are not thoroughly evaluating their privacy and security practices. ^[2]
• 61% of respondents say their third party management program does not define or rank risk levels. ^[2]
• 73% of organizations find managing third party permissions and remote access to be a drain on internal resources and an overwhelming undertaking for their team. ^[2]
• Only 49% say their organizations are doing this due diligence with all third parties before allowing them access to sensitive and confidential information. ^[2]
• 65% of organizations say they predict spending more on cybersecurity and privacy resources in 2021. ^[2]
• Almost 90% of web application breaches were caused by credential abuse, and phishing was present in more than a third of all breaches. ^[2]
• 78% of companies worldwide say zero trust has increased in priority, and nearly 90% are currently working on a zero trust initiative. ^[2]
• More than 60% of all data breaches involve stolen or weak credentials. ^[2]
• From February to April 2020, attacks targeting the financial sector grew by 238%. ^[2]
• Customer personal data is included in 44% of data breaches. ^[2]
• yearto date is up 27% compared to the fiscal year 2020, with phishing and ransomware seen as the top attack methods. ^[2]
• 67% of organizations with 5,001–10,000 employees plan to invest in employee security awareness, which is twice the number reported in 2019 (33%). ^[2]
• About 60% of companies have over 500 accounts with non expiring passwords, highlighting just one of the inadequate security practices that leave companies open for data breaches. ^[2]
• By 2024, Gartner predicts that 65% of the world’s population will have its personal data covered under modern privacy regulations. ^[2]
• The top five highest risk areas as defined by chief audit executives are Cybersecurity (65%) IT (51%); third party relationships (41%) Compliance/regulatory (41%). ^[2]
• 66% of audit departments communicate with other risk and control groups within their organizations on how they can better share resources, particularly risk assessment and data analytics. ^[2]
• Pre pandemic, internal audit budgets grew 5% per year between 2017 and 2019. ^[2]
• However, in 2020, that figure saw a 1.5% decrease. ^[2]
• The Institute of Internal Auditors suggests that over 75% of audit teams lack a modern audit technology solution. ^[2]
• 62% of survey respondents said that moving from traditional, manual processes to a data driven audit is a top challenge. ^[2]
• Only 29.8% of respondents say that they regularly use data analytics in their audits. ^[2]
• 37% of companies perform one or more internal audits annually. ^[2]
• 62% of companies expect more compliance involvement in cyber resilience in the coming years. ^[2]
• Half of survey respondents expect the personal liability of compliance professionals to increase in the next 12 months, and 10% expect it to increase significantly. ^[2]
• 34% of organizations say that regtech solutions are affecting the management of compliance. ^[2]
• The total projected cost of financial crime compliance in the U.S. and Canada for 2021 is $49.9 billion, which is an increase of 19% from 2020. ^[2]
• According to Cybint, 95% of cybersecurity breaches are caused by human error. ^[0]
• 95% of cybersecurity breaches are caused by human error. ^[0]
• 88% of organizations worldwide experienced spear phishing attempts in 2019. ^[0]
• 68% of business leaders feel their cybersecurity risks are increasing. ^[0]
• On average, only 5% of companies’ folders are properly protected. ^[0]
• 86% of breaches were financially motivated and 10% were motivated by espionage. ^[0]
• 45% of breaches featured hacking, 17% involved malware and 22% involved phishing. ^[0]
• and .dot which make up 37%, the next highest is .exe. ^[0]
• An estimated 300 billion passwords are used by humans and machines worldwide. ^[0]
• Personal data was involved in 58% of breaches in 2020. ^[0]
• Security breaches have increased by 11% since 2018 and 67% since 2014. ^[0]
• 64% of Americans have never checked to see if they were affected by a data breach. ^[0]
• 56% of Americans don’t know what steps to take in the event of a data breach. ^[0]
• The average ransomware payment rose 33% in 2020 over 2019, to $111,605. ^[0]
• 94% of malware is delivered by email. ^[0]
• 48% of malicious email attachments are office files. ^[0]
• Ransomware detections have been more dominant in countries with higher numbers of internet connected populations, and the U.S. ranks highest with 18.2% of all ransomware attacks. ^[0]
• Most malicious domains, about 60%, are associated with spam campaigns. ^[0]
• About 20% of malicious domains are very new and used around one week after they are registered. ^[0]
• 65% of groups used spear phishing as the primary infection vector. ^[0]
• Phishing attacks account for more than 80% of reported security incidents. ^[0]
• 30% of data breaches involve internal actors. ^[0]
• 90% of remote code execution attacks are associated with cryptomining. ^[0]
• 66% of companies see compliance mandates driving spending. ^[0]
• 15% of companies found 1,000,000+ files open to every employee. ^[0]
• 17% of all sensitive files are accessible to all employees. ^[0]
• About 60% of companies have over 500 accounts with non. ^[0]
• More than 77% of organizations do not have an incident response plan. ^[0]
• Companies reportedly spent $9 billion on preparing for the GDPR and, in 2018, legal advice and teams cost UK FTSE 350 companies about 40% of their GDPR budget or $2.4 million. ^[0]
• 88% of companies spent more than $1 million on preparing for the GDPR. ^[0]
• Since the GDPR was enacted, 31% of consumers feel their overall experience with companies has improved. ^[0]
• By 2019, only 59% of companies believed they were GDPR compliant. ^[0]
• 70% of companies agree that the systems they put in place will not scale as new GDPR regulations emerge. ^[0]
• The healthcare industry lost an estimated $25 billion to ransomware attacks in 2019. ^[0]
• More than 93% of healthcare organizations experienced a data breach in the past three years. ^[0]
• 15% of breaches involved healthcare organizations, 10% in the financial industry and 16% in the public Sector. ^[0]
• Trojan horse virus Ramnit largely affected the financial sector in 2017, accounting for 53% of attacks. ^[0]
• Financial and manufacturing services have the highest percent of exposed sensitive files at 21%. ^[0]
• Manufacturing companies account for nearly a quarter of all ransomware attacks, followed by the professional services with 17% of attacks, and then government organizations with 13% of attacks. ^[0]
• The U.S. government allocated an estimated $18.78 billion for cybersecurity spending in 2021. ^[0]
• Lifestyle (15%) and entertainment (7%). ^[0]
• Supply chain attacks were up 78% in 2019. ^[0]
• Security services accounted for an estimated 50% of cybersecurity budgets in 2020. ^[0]
• The total cost of cybercrime for each company increased by 12% from $11.7 million in 2017 to $13.0 million in 2018. ^[0]
• In 2019 over 2020, Scandinavia saw the largest increase in total cost of data breaches at 12%, while South Africa saw the largest decrease at 7.4%. ^[0]
• 50% of large enterprises are spending $1 million or more annually on security, with 43% spending $250,000 to $999,999, and just 7% spending under $250,000. ^[0]
• More than 70 percent of security executives believe that their budgets for fiscal year 2021 will shrink. ^[0]
• Since the pandemic began, the FBI reported a 300% increase in reported cybercrimes. ^[0]
• 27% of COVID. ^[0]
• target banks or healthcare organizations and COVID 19 is credited for a 238% rise in cyberattacks on banks in 2020. ^[0]
• Confirmed data breaches in the healthcare industry increased by 58% in 2020. ^[0]
• 52% of legal and compliance leaders are concerned about thirdparty cyber risks due to remote work since COVID. ^[0]
• 47% of employees cited distraction as the reason for falling for a phishing scam while working from home. ^[0]
• 81% of cybersecurity professionals have reported their job function changed during the pandemic. ^[0]
• Cloud based cyber attacks rose 630% between January and April 2020. ^[0]
• Remote workers have caused a security breach in 20% of organizations. ^[0]
• 27% of COVID19 cyberattacks target banks or healthcare organizations and COVID 19 is credited for a 238% rise in cyberattacks on banks in 2020. ^[0]
• Confirmed data breaches in the healthcare industry increased by 58% in 2020. ^[0]
• 61% of companies think their cybersecurity applicants aren’t qualified. ^[0]
• 70% of cybersecurity professionals claim their organization is impacted by the cybersecurity skills shortage. ^[0]
• Since 2016, the demand for Data Protection Officers has skyrocketed and risen over 700%, due to the GDPR demands. ^[0]
• 61% of cybersecurity professionals aren’t satisfied with their current job. ^[0]
• There was a 350 percent growth in open cybersecurity positions from 2013 to 2021. ^[0]
• 40 percent of IT leaders say cybersecurity jobs are the most difficult to fill. ^[0]
• The cybersecurity unemployment rate is 0% and is projected to remain there through 2021. ^[0]
• By 2021, 100% of large companies globally will have a CISO position. ^[0]
• Information Security Analysts job positions in the US are expected to grow 31% from 2019–29. ^[0]
• Computer Network Architect job positions in the US are expected to grow 5% from 2019–29. ^[0]
• Computer Programmer job positions in the US are expected to decline 9% from 2019–29. ^[0]
• 92% of malware is delivered by email. ^[3]
• Mobile malware on the rise with the number of new malware variants for mobile increased by 54% in 2018. ^[3]
• Third party app stores host 99.9% of discovered mobile malware. ^[3]
• 98% of mobile malware target Android devices. ^[3]
• Over the last year, MacOS malware has increased by 165%. ^[3]
• Malware development rates for Windows decreased by 11.6% since reaching an all time high in 2015. ^[3]
• Malware is still the preferred distribution model, used 71.14% of the time over the last 12 months, while PUAs were only used in 28.86% of instances. ^[3]
• Gamut spambot was the most frequently used, with over 86% of all spambot cases involving its use. ^[3]
• Over the last year, 36% of these servers were hosted in America, while 24% were hosted in undefined countries. ^[3]
• Trojans make up 51.45% of all malware. ^[3]
• 230,000 new malware samples are produced every day and this is predicted to only keep growing. ^[3]
• Overall business detections of malware rose 79% from 2017 due to an increase in backdoors, miners, spyware, and information stealers. ^[3]
• 34% of businesses hit with malware took a week or more to regain access to their data. ^[3]
• 90% of financial institutions reported being targeted by malware in 2018. ^[3]
• Ransomware attacks worldwide rose 350% in 2018. ^[3]
• Ransomware attacks are estimated to cost $6 trillion annually by 2021. ^[3]
• 50% of a surveyed 582 information security professionals do not believe their organization is prepared to repel a ransomware attack. ^[3]
• 81% of cyber security experts believe there will be more ransomware attacks than ever in 2019. ^[3]
• 75% of companies infected with ransomware were running upto. ^[3]
• FedEx lost an estimated $300 million in Q1 2017 from the NotPetya ransomware attack. ^[3]
• 25% of business executives would be willing to pay between $20,000 and $50,000 to regain access to encrypted data 30% of organizations who pay the ransom receive all of their money back. ^[3]
• 40% of ransomware victims paid the ransom. ^[3]
• More than 50% of ransoms were paid by bitcoin in 2018. ^[3]
• 10% of all ransom demands are over $5,000. ^[3]
• Of the 1,100 IT professionals surveyed, 90% had clients that suffered ransomware attacks in the past year. ^[3]
• 40% had clients that were subject to at least 6 ransomware attacks. ^[3]
• In 2019 ransomware from phishing emails increased 109% over 2017. ^[3]
• 25% of businesses are estimated to have been victims of cryptojacking. ^[3]
• 25% of the WordPress plugins among Alexa’s most popular sites are flagged with critical vulnerabilities that could allow mining botnets in. ^[3]
• 43% of the IT professionals said they had been targeted by social engineering schemes in the last year. ^[3]
• New employees are the most susceptible to socially engineered attacks, with 60% of IT professionals citing recent hires as being at high risk. ^[3]
• 21% of current or former employees use social engineering to gain a financial advantage, for revenge, out of curiosity or for fun. ^[3]
• Social engineering attempts spiked more than 500% from the first to second quarter of 2018. ^[3]
• Social media 2.5 billion records, or 56% Government 1.2 billion records, or 27%. ^[3]
• 56% of IT decision makers say targeted phishing attacks are their top security threat. ^[3]
• 83% of global infosec respondents experienced phishing attacks in 2018, an increase from 76% in 2017. ^[3]
• 30% of phishing messages get opened by targeted users and 12% of those users click on the malicious attachment or link. ^[3]
• Only 3% of targeted users report malicious emails to management. ^[3]
• 53% of IT and security professionals say they have experienced a targeted phishing attack in 2017. ^[3]
• Credential compromise rose 70% over 2017, and they’ve soared 280% since 2016. ^[3]
• 50% of phishing sites now using HTTPS. ^[3]
• The most common malicious attachment types Office 38% Archive 37% PDF. ^[3]
• The volume of email fraud that organizations receive has increased 8% yearover. ^[3]
• 66% of malware is installed via malicious email attachments. ^[3]
• 49% of nonpointof sale malware was installed via malicious email. ^[3]
• 21% of ransomware involved social actions, such as phishing. ^[3]
• 30% of phishing messages were opened in 2016 – up from 23% in the 2015 report. ^[3]
• In 2017, cyber crime costs accelerated with organizations spending nearly 23% more than 2016 on average about $11.7 million. ^[3]
• From 2016 to 2017 there was a 22.7 % increase in cyber security costs. ^[3]
• The average global cost of cyber crime increased by over 27% in 2017. ^[3]
• The most expensive component of a cyber attack is information loss, which represents 43% of costs. ^[3]
• The root causes of data breaches for small businesses broke out as following Negligent employee or contractor 48%. ^[3]
• Third party mistakes 41% Error in system or operating process. ^[3]
• Don’t know External attacks 27%. ^[3]
• Other 2% 95% of breached records came from three industries in 2016. ^[3]
• Recent data breach statistics found that 63% of successful attacks come from internal sources, either control, errors, or fraud. ^[3]
• 33% of data breaches involved social engineering. ^[3]
• 43% of data breaches involved small businesses. ^[3]
• Targeted emails, or spear phishing, is reported by businesses to be used in 91% of successful data breaches and 95% of all enterprise networks. ^[3]
• 29.6% of companies will experience a data breach in the next two years. ^[3]
• The average cost of lost business for organizations in the 2019 study was $1.42 million, which represents 36 percent of the total average cost. ^[3]
• Breaches caused a customer turnover of 3.9% in 2019. ^[3]
• 36% of breaches were in the medical or healthcare industry in 2019. ^[3]
• 69% of those in the healthcare industry believe they are at great risk for a data breach than other industries. ^[3]
• Banks were the target 47% of financial data breaches. ^[3]
• Share prices fall 7.27% on average, and underperform the NASDAQ by. ^[3]
• 21% of all files are not protected in any way. ^[3]
• 41% of companies have over 1,000 sensitive files including credit card numbers and health records left unprotected. ^[3]
• 70% of organizations say that they believe their security risk increased significantly in 2017. ^[3]
• 50% of the security risk that organizations face stems from having multiple security vendors and products. ^[3]
• 65% of companies have over 500 users who never are never prompted to change their passwords. ^[3]
• Ransomware attacks are growing more than 350% annually. ^[3]
• IoT attacks were up 600% in 2017. ^[3]
• 61 percent of breach victims in 2017 were businesses with under 1,000 employees. ^[3]
• 2017 represented an 80% increase in new malware on Mac computers. ^[3]
• In 2017 there was a 13% overall increase in reported system vulnerabilities. ^[3]
• 2017 brought a 29% Increase in industrial control system–related vulnerabilities. ^[3]
• Coin mining represented the biggest growth area in cybercrime in 2017, with antivirus detections up 8,500% 90% of remote code execution attacks are associated with crypto mining. ^[3]
• 61% of organizations have experienced an IoT security incident. ^[3]
• 77% of compromised attacks in 2017 were fileless. ^[3]
• 69% of companies see compliance mandates driving spending. ^[3]
• 88% of companies spent more than $1 million on preparing for the GDPR. ^[3]
• 25% of organizations have a standalone security department. ^[3]
• 54% of companies experienced an industrial control system security incident. ^[3]
• Cyber criminals will steal an estimated 33 billion records in 2024. ^[3]
• In 2017 there were over 130 large scale, targeted breaches in the U.S. per year, and that number is growing by 27% per year. ^[3]
• 31% of organizations have experienced cyber attacks on operational technology infrastructure. ^[3]
• U.S. government to spend $15 billion on cyber security related activities in 2019 up 4% over the previous year. ^[3]
• 43% of cyber attacks target small business. ^[3]
• 47% of small businesses had at lease on cyber attack in the past year, 44% of those had two to four attacks. ^[3]
• 70% of small businesses are unprepared to deal with a cyber attack. ^[3]
• 66% of small business are very concerned about cyber security risk. ^[3]
• 85% of small businesses plan to increase spending on managed security services. ^[3]
• 51% of small businesses say they are not allocating any budget to cyber security. ^[3]
• 58% of malware attack victims are categorized as small businesses. ^[3]
• Ransomware damage costs alone are on track to hit $11.5 billion in 2019, at which point it’s estimated that small businesses will fall victim to a ransomware attack every 14 seconds. ^[3]
• 4% of malware sent to small businesses is delivered via email. ^[3]
• 1.1% legal/law enforcement message 0.3% scanned document. ^[3]
• 60% of small businesses say attacks are becoming more severe and more sophisticated. ^[3]
• Only 14% of small businesses rate their ability to mitigate cyber risks, vulnerabilities and attacks as highly effective. ^[3]
• 60% of small companies go out of business within six months of a cyber attack. ^[3]
• 48% of data security breaches are caused by acts of malicious intent. ^[3]
• Small businesses are most concerned about the security of customer data Consumer records 66% Intellectual property 49% Customer credit or debit card information 46%. ^[3]
• Employee records 8% Business correspondence 5%. ^[3]
• The types of cyber attacks on small businesses broke out as following Web. ^[3]
• Phishing / social engineering 43% General malware 35% SQL injection 26%. ^[3]
• Denial of services 21% Advance malware / zero day attacks 14%. ^[3]
• Malicious insider 13% Cross. ^[3]
• Other 1% 68% store email addresses 64% store phone numbers. ^[3]
• 69% of small businesses do not strictly enforce password policies. ^[3]
• 16% of small businesses say they had only reviewed their cyber security posture after they were hit by an attack. ^[3]
• Only 16% of small business are very confident in their cyber security readiness. ^[3]
• Strategy – 52% of small business have a clearly defined strategy around cyber security. ^[3]
• Accountability – 23% of small businesses have a leadership role dedicated to cyber, whereas 46% have no defined role at all. ^[3]
• Willingness to respond – 65% of small businesses have failed to act following a cyber security incident. ^[3]
• Training – 32% of small businesses have conducted phishing experiments to assess employee behavior and readiness in the event of an attack. ^[3]
• Insurance – 21% of small businesses have a standalone cyber insurance policy, compared to 58% of large companies. ^[3]
• 67% of financial institutions reported an increase in cyber attacks over the past year. ^[3]
• 26% of financial enterprises faced a destructive attack. ^[3]
• 79% of financial CISOs said threat actors are deploying more sophisticated attacks. ^[3]
• 21% suffered a watering hole attack in the last year. ^[3]
• 32% of financial institutions encountered island hopping, is leveraging one compromised organization to gain entry into another. ^[3]
• 25% of all malware attacks hit banks and other financial industries, more than any other industry Credit card compromised increased by 212% year over year, credential leaks experienced a similar increase of 129%, and malicious apps increased by 102%. ^[3]
• 47% of financial institutions reported an increase in wire transfer fraud. ^[3]
• 31% of financial institutions reported an increase in home equity loan fraud. ^[3]
• 79% of financial institutions said cybercriminals have become more sophisticated, leveraging highly targeted social engineering attacks. ^[3]
• 32% of financial institutions reported experiencing counter incident response. ^[3]
• 21% of financial institutions reported experiencing C2 on a sleep cycle. ^[3]
• 70% of financial institutions said they are most concerned about financially motivated attackers. ^[3]
• 30% of financial institutions said they are most concerned with nation. ^[3]
• Global attack types and sources on financial sectors Web attacks – 46% Service specific attacks – 28% DoS/DDoS 8%. ^[3]
• 69% of financial institution CISOs are planning to increase cyber security spending by 10% or more in 2019. ^[3]
• 47% of financial institution CISOs said their organizations are operating threat hunt teams. ^[3]
• 32% of financial institution CISOs said they conduct threat hunts on a monthly basis. ^[3]
• 70% of cyber crimes targeting surveyed financial institutions involve lateral movement. ^[3]
• 16% of healthcare providers report having “fully functional” security programs. ^[3]
• 43% admitted that they are either still developing security programs or have not developed one. ^[3]
• 93% of healthcare organizations are currently using some form of cloud services. ^[3]
• 63% plan to use multiple cloud vendors. ^[3]
• 20% of healthcare domain emails were fraudulent in 2017. ^[3]
• 82% of surveyed healthcare organizations say that security is a top concern. ^[3]
• 89% of healthcare organization had patient data lost or stolen in the past two years. ^[3]
• 54% of healthcare business associates say their top vulnerability is tied to employee negligence in handling patient information. ^[3]
• 81 percent of healthcare cyber security incidents are rooted in employee negligence. ^[3]
• 69% of healthcare organizations site negligent or careless employees as their top worry for security incidents, followed by cyber attacks (45%) and insecure mobile devices (30%). ^[3]
• The healthcare industry was the victim of 88%of all ransomware attacks in US industries in 2016. ^[3]
• 94% are now using some form of advanced technology to protect sensitive data. ^[3]
• 25% healthcare organizations using the public cloud report that they are not encrypting patient data. ^[3]
• 41% of higher education cyber security incidents and breaches were caused by social engineering attacks. ^[3]
• 43% have had student data attacked, including dissertation materials and exam results. ^[3]
• 25% have experienced critical intellectual property theft. ^[3]
• 28% have had grant holder research data attacked. ^[3]
• 87% have experienced at least one successful cyber attack. ^[3]
• 83% believe cyber attacks are increasing in frequency and sophistication. ^[3]
• 79% universities have experienced damage to reputation and almost 74% have had to halt a valuable research project as a result of a cyber attack. ^[3]
• 77% also say a cyber breach has the potential to impact national security, due to the potentially sensitive nature of the information which could been compromised. ^[3]
• 64% don’t believe their existing IT infrastructure will protect them against cyber attacks in next 12. ^[3]
• 27% see the current security of their data center as ‘inadequate’ and in urgent need of updating. ^[3]
• 85% of universities agree that more funding must be given to IT security to protect critical research IP. ^[3]
• On average, 30% of users in the education industry have fallen for phishing emails. ^[3]
• The education sector accounted for 13% of all data security breaches during the first half of 2017, resulting in the compromise of some 32 million personal records. ^[3]
• According to the official information, 31 terabytes of “valuable intellectual property and data” was exposed. ^[3]
• Nearly 98% of all cyber attacks rely on some form of social engineering to deliver a payload such as malware. ^[3]
• Therefore, threat actors distribute malware via email approximately 92% of the time. ^[3]
• 62% of businesses experienced phishing and social engineering attacks in 2018 with a new organization falling victim to ransomware every 14 seconds in 2019. ^[3]
• The total number of spear phishing campaigns targeting employees increased by 55%, which makes up 71% of all targeted attack on businesses. ^[3]
• Given the rise in phishing attacks it is estimated that 90% of incidences and breaches included a phishing element in 2019. ^[3]
• The projected percent change in employment from 2020 to 2030. ^[6]
• The average growth rate for all occupations is 8 percent. ^[6]
• The percent change of employment for each occupation from 2020 to 2030. ^[6]
• 50% of organizations say they spend 6 10% of their revenue on compliance costs and 54% of companies anticipate spending more money in 2021 on IT risk management and compliance. ^[7]
• The most typical increase in spending yearover year is somewhere between 25% and 50%. ^[7]
• There has been a 45% increase in the cost of noncompliance since 2011 as organizations lose an average of $4 million in revenue due to a single non. ^[7]
• When it comes to the execution of security assurance/compliance tasks, half of companies say they spend 50% or more of their work time on low. ^[7]
• 61% of all respondents have experienced at least one security incident or compliance lapse in the last three years. ^[7]
• 57% of senior level executives rank risk and compliance as one of the top two risk categories they feel least prepared to address. ^[7]
• 35% of companies state that their organization manages IT risk in an ad hoc fashion, taking action only when a negative event happens. ^[7]
• Only 34% of companies rate their access to both these resources as “good” or “very good.”. ^[7]
• On the positive side, however, 69% of companies are satisfied with the skill, experience, and quality of the staff they have assigned to IT security compliance. ^[7]
• Only 49% say their organizations are doing this due diligence with all third parties before allowing them access to sensitive and confidential information. ^[7]
• In addition, 48% of companies find it difficult to track third. ^[7]
• The Institute of Internal Auditors estimates that more than 75% of audit teams lack a modern audit technology solution. ^[7]
• In addition, only 29.8% of respondents say that they regularly use data analytics in their audits. ^[7]
• 70% of companies report that their organizations have dedicated tools for managing IT compliance efforts. ^[7]
• 83% of companies plan to evaluate/purchase new tools to streamline and automate their risk management and compliance processes in 2021. ^[7]
• 73% 15% 12% 88% 2/213/4 67,678 77% 17% 7% 93% 1/242/4/22 43,393 83% 13% 4% 96% 12/27 1/7/22 56,788 87% 10% 3% 97%. ^[8]
• 15% 8% 92% 6/146/25 50,756 84% 12% 4% 96% 5/17. ^[8]
• 86% 11% 3% 97% 8/10 8/21 57,437 83% 13% 4% 96% 7/13. ^[8]
• 4/19 4/30 53,978 91% 8% 1% 99%. ^[8]
• 1/25 2/12* 66,673 92% 7% 1% 99%. ^[8]
• 64% 13% 23% 77% 3/7. ^[8]
• 88% 9% 2% 98% 1/11 1/22 111,785 87% 10% 3% 97%. ^[8]
• 86% 11% 3% 97% 10/1910/30 75,999 82% 14% 4% 96% 9/21. ^[8]
• 80% 14% 5% 95% 8/249/4 41,993 73% 18% 9% 91% 7/27 8/7 18,077 66% 22% 13% 87%. ^[8]
• That equates to more than 94.63% of the 2021 population of the United States. ^[9]
• 2018 was a record breaking year for HIPAA fines and settlements, beating the previous record of $23,505,300 set in 2016 by 22%. ^[9]
• An analysis of data breaches recorded on the Privacy Rights Clearinghouse database between 2015 and 2019 showed that 76.59% of all recorded data breaches were in the healthcare sector. ^[9]
• The damage related to cybercrime is projected to hit $6 trillion annually by 2021, according to Cybersecurity Ventures. ^[4]
• ( Gartner 68% of business leaders feel their cybersecurity risks are increasing. ^[4]
• ( RiskBased 71% of breaches were financially motivated and 25% were motivated by espionage. ^[4]
• ( Verizon 52% of breaches featured hacking, 28% involved malware and 32–33% included phishing or social engineering, respectively. ^[4]
• Security breaches have increased by 11% since 2018 and 67% since 2014. ^[4]
• ( SafeAtLast 92% of malware is delivered by email. ^[4]
• The United States ranks highest with 18.2% of all ransomware attacks. ^[4]
• The estimated losses in 2019 for the healthcare industry are $25 billion. ^[4]
• ( SafeAtLast Supply chain attacks are up 78% in 2019. ^[4]
• According to the Cyber Security mid year snapshot’19 report, Cybersecurity budgets have increased by almost 60%. ^[4]
• 50% of large enterprises are spending $1 million or more annually on security, with 43% spending $250,00 To improve and raise your Cybersecurity posture and awareness you don’t need to invest endlessly in new security tools. ^[4]
• The truth is that 80% of data breaches can be prevented with basic actions, such as vulnerability assessments, patching, and proper configurations . ^[4]
• 78% Lack Confidence in Their Company’s Cybersecurity Posture 78% Lack Confidence in Their Company’s Cybersecurity Posture, Prompting 91% to Increase 2021 Budgets. ^[1]
• On average, only 5% of companies’ folders are properly protected.2019. ^[1]
• Cyber Attacks More Likely to Bring Down F 35 Jets Than Missiles. ^[1]
• Cyber Attacks More Likely to Bring Down an F 35 Than Missiles – IE Nearly 80% of senior IT and IT. ^[1]
• 78% Lack Confidence in Their Company’s Cybersecurity Posture, Prompting 91% to Increase 2021 Budgets. ^[1]
• Data breaches have lasting financial effects on hospitals, report suggests “More than 90 percent of all healthcare organizations reported at least one security breach in the last three years. ^[1]
• Malware increased by 358% in 2020. ^[1]
• Phishing attacks account for more than 80% of reported security incidents. ^[1]
• “This is up from 1,690,000 on Jan 19, 2020 (up 27% over 12 months). ^[1]
• 1 in 5 Americans Victim of Ransomware “According to data gathered by Anomali and The Harris Poll, ransomware attacks 1 in 5 Americans. ^[1]
• “The world will store 200 zettabytes of data by 2025, according to Cybersecurity Ventures. ^[1]

I know you want to use Security Compliance Software, thus we made this list of best Security Compliance Software. We also wrote about how to learn Security Compliance Software and how to install Security Compliance Software. Recently we wrote how to uninstall Security Compliance Software for newbie users. Don’t forgot to check latest Security Compliance statistics of 2024.

Reference

1. varonis – https://www.varonis.com/blog/cybersecurity-statistics.
2. forbes – https://www.forbes.com/sites/chuckbrooks/2021/03/02/alarming-cybersecurity-stats——-what-you-need-to-know-for-2021/.
3. secureframe – https://secureframe.com/blog/compliance-statistics.
4. purplesec – https://purplesec.us/resources/cyber-security-statistics/.
5. cyber-observer – https://www.cyber-observer.com/cyber-news-29-statistics-for-2020-cyber-observer/.
6. hyperproof – https://hyperproof.io/resource/compliance-statistics-2020/.
7. bls – https://www.bls.gov/ooh/computer-and-information-technology/information-security-analysts.htm.
8. networkdepot – https://www.networkdepot.com/interesting-it-security-compliance-stats-and-trends-heading-into-2024/.
9. mta – https://new.mta.info/safety-and-security/nyct-mask-compliance.
10. hipaajournal – https://www.hipaajournal.com/healthcare-data-breach-statistics/.

How Useful is Security Compliance

Compliance with security measures is not just a matter of ticking boxes or meeting regulatory requirements. It is about safeguarding the integrity and reputation of an organization, as well as maintaining the trust of customers and stakeholders. In an age where data breaches and cyber attacks are becoming increasingly common, it is essential for businesses to take a proactive approach to security compliance.

One of the key benefits of security compliance is that it helps organizations to identify and mitigate potential risks before they escalate into major security incidents. By implementing security controls and policies that are in line with industry standards and best practices, companies can reduce the likelihood of falling victim to cyber attacks and data breaches. This not only protects the organization’s sensitive information, but also helps to prevent costly reputational damage and legal repercussions.

Furthermore, security compliance can also provide organizations with a competitive edge in the marketplace. In an era where data privacy and cybersecurity are at the forefront of public consciousness, customers are increasingly prioritizing security when choosing which businesses to trust with their personal information. By demonstrating a commitment to security compliance, organizations can build trust with their customers and differentiate themselves from competitors who may not be taking security as seriously.

Security compliance also plays a crucial role in fostering a culture of security awareness within an organization. By ensuring that employees are aware of and adhere to security policies and procedures, organizations can significantly reduce the risk of insider threats and human error. This proactive approach to security can help to create a more resilient security posture and minimize the likelihood of security incidents occurring due to employee negligence or ignorance.

In addition to protecting against external threats and enhancing internal security practices, security compliance can also help organizations to streamline their operations and improve efficiency. By implementing standardized security processes and controls, organizations can reduce the complexity and time required to manage their security posture. This can lead to cost savings, improved productivity, and better overall business performance.

Overall, security compliance is an essential component of a robust cybersecurity strategy. By adhering to security standards and best practices, organizations can protect their valuable data, maintain the trust of customers and stakeholders, and stay ahead of the ever-evolving threat landscape. In a world where cyber threats are becoming more prevalent and sophisticated, security compliance is not just a nice-to-have, but a vital aspect of doing business in the digital age.

In Conclusion

Be it Security Compliance benefits statistics, Security Compliance usage statistics, Security Compliance productivity statistics, Security Compliance adoption statistics, Security Compliance roi statistics, Security Compliance market statistics, statistics on use of Security Compliance, Security Compliance analytics statistics, statistics of companies that use Security Compliance, statistics small businesses using Security Compliance, top Security Compliance systems usa statistics, Security Compliance software market statistics, statistics dissatisfied with Security Compliance, statistics of businesses using Security Compliance, Security Compliance key statistics, Security Compliance systems statistics, nonprofit Security Compliance statistics, Security Compliance failure statistics, top Security Compliance statistics, best Security Compliance statistics, Security Compliance statistics small business, Security Compliance statistics 2024, Security Compliance statistics 2021, Security Compliance statistics 2024 you will find all from this page. 🙂

We tried our best to provide all the Security Compliance statistics on this page. Please comment below and share your opinion if we missed any Security Compliance statistics.