Cyber-Security - statistics to understand and drive action

The following Forbes article from March 2021 is titled "Alarming Cybersecurity Stats: What You Need To Know For 2021" and contains a rich collection of data/sources for those who are interested in delving into details.

https://www.forbes.com/sites/chuckbrooks/2021/03/02/alarming-cybersecurity-stats-------what-you-need-to-know-for-2021/?sh=5a4a39c058d3

Some key takeaways:

• 78% lack confidence in their company’s cybersecurity posture, prompting 91% to increase 2021 budgets

• On average, only 5% of companies’ folders are properly protected

• Nearly 80% of senior IT and IT security leaders believe their organizations lack sufficient protection against cyberattacks despite increased IT security investments made in 2020 to deal with distributed IT and work-from-home challenges

• Identity theft spikes amid pandemic

• The average cost of a data breach is $3.86 million as of 2020

• Phishing attacks account for more than 80% of reported security incidents

• Ransomware, phishing will remain primary risks in 2021