Threats to Information, Security and Availability

Top 10 CYBERSECURITY predictions and statistics

With all these risks – one should take action

CYBERCRIME MAGAZINE HAS EXTRAPOLATED THE TOP 10 MARKET DATA POINTS FROMTHEIR RESEARCH IN ORDER TO SUMMARIZE THE CYBERSECURITY INDUSTRY THROUGH 2025. 6

• To keep valuable / irreplaceable / critical data or information. • To reduce risk of being put out of operation. • To prevent financial loss for businesses. • To secure that you can get back in operation as soon as possible in case of emergency. … NOW. NOT TO LOOSE TRUST, CREDIBILITY OR REPUTATION AMONGST YOUR CLIENTS, PARTNERS AND STAKEHOLDERS.

1. Global cybercrime damage predicted to hit $10.5 trillion annually by 2025.

2. Global cybersecurity spending will exceed $1.75 trillion cumulatively from 2021-2025. In 2004, the global cybersecurity market was worth just $3.5 billion and now it’s one of the largest and fastest-growing sectors in the information economy.

3. The world will wave 3.5 million unfilled cybersecurity jobs in 2023.

4. Global ransomware damage costs are predicted to exceed $265 billion By 2031. Cybersecurity Ventures predicted that a business fell victim to a ransomware attack every 11 seconds in 2021. This makes ransomware the fastest-growing type of cyber crime. The frequency of ransomware attacks on governments, businesses, consumers, and devices will continue to rise over the next 5 years and reach every two seconds by 2031.

5. The world will need to cyber protect 200 zettabytes of data by 2025.

6. The cyber-insurance market is predicted to hit $14.8 billion annually by 2025.

7. Crypto crime is predicted to cost the world $30 billion annually by 2025.

8. Women are predicted to hold 30% of cybersecurity positions globally by 2025.

9. 90% of the human population, aged 6 years and older, will be online by 2030. Roughly one million more people join the internet every day. If street crime grows in relation to population growth, so will cybercrime.

10. The world will need to secure 338 billion lines of new software code in 2025.

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