The Past, Present, And Future of Cybersecurity

The Past, Present, And Future of Cybersecurity

Take a look back and the history of cybersecurity attacks. Over the years businesses have lost billions of dollars to cybercrime and mismanagement of data. It’s important to make cybersecurity a priority. Take a look at these statistics and points in history and make sure to see more tips and ideas on digital security in honor of National Cybersecurity Awareness Month.

Cybersecurity Timeline

  • January 1, 2005 – November 13, 2016: Annual number of data breaches went from 157 million (2005) to 1.09 billion (2016)
  • January 1, 2008 – December 31, 2017: From 2008 to 2017, phishing and malware have been the top means of cyber attacks
  • January 1, 2013 – December 31, 2015: Cost of data breaches increased by 23% from 2013 – 2015
  • October 31, 2013: Average organizational cost of data breach was $5.4 million
  • January 1, 2014 – December 31, 2015: There were 38% more security incidents detected in 2015 than in 2014
  • December 31, 2014 – December 31, 2015: There were 781 reported data breaches from December of 2014 to December of 2015
  • October 31, 2014: Average organizational cost of data breach was $6.2 million
  • December 31, 2014: 48% of data breach response cases involved electronic hacks in 2014
  • October 29, 2015: Damage costs from ransomware were up to $325 million in 2015
  • January 1, 2016 – December 31, 2016: 1,093 reported data breaches in the U.S. in 2016
  • December 31, 2016: 51% of U.S. adults suffered a security incident in 2016
  • January 1, 2017 – January 1, 2019: Damage costs are projected to reach $1 trillion by 2018 and exceed it by 2019
  • September 30, 2017: Global ransomware costs exceed $5 billion
  • January 1, 2019: Projected $2 trillion in damage costs
  • January 1, 2020: Worldwide spending on cybersecurity will increase to $170 billion
  • January 1, 2021: Projected $6 trillion in damage costs
  • January 1, 2022: Global cybersecurity spending will reach $198 billion

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