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11 Eye Opening Cyber Security Statistics for 2019

Cybercrimes have accounted for trillions of dollars in losses, as per Juniper research the amount in 2019 was $2 trillion.

With such vulnerabilities revolving online, companies are investing heavily in cyber security and training employees, particularly regarding online scams and ransomware attacks.

It is estimated that by 2027, global spending on cyber security will reach $10 billion. In this age of IoT, where there is no escaping the internet, it is very important to understand the importance of cyber security and more importantly, the types of cyber security threats around you!

Here are 11 eye opening cyber security facts that will blow your mind! They include:

  • Half of all Cyber attacks are targeted at small businesses
  • Estimated $6 trillion in damages by 2021
  • Only 10% of cybercrimes are reported in the U.S each year
  • Ransomware attack every 14 seconds.