Facts and Figures

We have spent a lot of money on security!

Gartner Forecasts Worldwide Security and Risk Management Spending to Exceed $150 Billion in 2021

"Worldwide spending on information security and risk management technology and services is forecast to grow 12.4% to reach $150.4 billion in 2021, according to the latest forecast from Gartner, Inc. Security and risk management spending grew 6.4% in 2020."
STAMFORD, Conn. May 17, 2021, Gartner

Why do our security implementations not work?

Top cybersecurity statistics, trends, and facts
Survey data from the past year paints a picture for what your threat landscape will potentially look like in the coming months.

"A total of 5,258 confirmed data breaches occurred in 16 different industries and four world regions, according to the Verizon 2021 Data Breach Investigations Report (DBIR), which analyzed data from 29,307 incidents. Of those breaches, 86% were financially motivated. That’s a sharp rise from the 3,950 confirmed breaches (out of 32,002 incidents) from the 2020 DBIR.

Nearly half (49%) of IT executives said their top security priority is the protection of sensitive data, according to the 2020 IDG Security Priorities Study, which surveyed 522 IT and security executives."
By Brian Carlson, OCT 7, 2021, CSO United States,

Losses to cybercrime are large.

The Cybersecurity 2021: Global losses from cybercrime skyrocketed to nearly $1 trillion in 2020, new report finds

"Estimated global losses from cybercrime are projected to hit just under a record $1 trillion for 2020 as the coronavirus pandemic provided new opportunities for hackers to target consumers and businesses."

The Washington Post, By Tonya Riley, Technology and cybersecurity policy researcher, December 7, 2020

IoT is driving change. IT and IoT are converging.

Internet of Things statistics for 2021 – Taking Things Apart, By Bojan Jovanović March 24, 2021

Key IoT statistics

  • In 2021, there are more than 10 billion active IoT devices.

  • It’s estimated that the number of active IoT devices will surpass 25.4 billion in 2030.

  • By 2025, there will be 152,200 IoT devices connecting to the internet per minute.

  • IoT solutions have the potential to generate $4-11 trillion in economic value by 2025.

  • 83% of organizations have improved their efficiency by introducing IoT technology.

  • It’s estimated that global IoT spending will total $15 trillion in the six-year period between 2019 and 2025.

  • The consumer IoT market is estimated to reach $142 billion by 2026 at a CAGR of 17%.

  • 94% of retailers agree that the benefits of implementing IoT outweigh the risk.

  • The amount of data generated by IoT devices is expected to reach 73.1 ZB (zettabytes) by 2025.