Business owners know the importance of cybersecurity, but the majority are not aware of just how prevalent cyberthreats are and the damage they can do to a business. In this post, we'll cover a few cybersecurity statistics that business owners need to know for 2022 along with the actual business impact. Here are some cybersecurity statistics for 2022 that every business owner should know.
Only 50% of U.S. businesses have a cybersecurity plan in place
Only half of U.S. businesses have cybersecurity plans. This number needs to be much higher given the frequency and severity of cyberattacks. Small businesses are especially vulnerable to cybersecurity threats and the resulting damage. Of those, 32% haven’t changed their cybersecurity plan since the pandemic forced remote and hybrid operations. This leaves many businesses at risk for data breaches, ransomware attacks, and other cybersecurity threats.
Solution: Businesses can work with a cybersecurity firm to help them build a contingency plan for any cyber threats to their business.
The most common causes of cyber-attacks are malware (22%) and phishing (20%)
Malware and phishing are the two most common types of cyber-attacks. Malware is a type of software that is designed to damage or disable computers without the user’s knowledge. Phishing is a type of cyber-attack that uses fraudulent emails or websites to trick users into providing sensitive information such as passwords. Both of these threats are increasingly common and can have serious consequences for businesses.
Solution: Businesses need to educate their employees on how to spot malware and phishing attacks. They can also use phishing software and firewalls to protect their networks.
Cybercrime cost U.S. businesses more than $6.9 billion in 2021, and only 43% of businesses feel financially prepared to face a cyber-attack in 2022
Cybercrime is a growing problem for businesses of all sizes. In 2021, cybercrime cost U.S. businesses more than $6.9 billion. This number is only expected to rise in 2022. This leaves many businesses at risk of bankruptcy if they are hit by a cyber-attack. In most cases, businesses simply cannot afford to fall victim to cybercrime.
Solution: Businesses need to be proactive and avoid extreme financial loss by investing in cybersecurity for their business.
Businesses suffered 50% more cyberattack attempts per week in 2021
In 2021, businesses suffered 50% more cyberattack attempts per week than they did in 2020. Hackers have found cyberattacks to be much more successful and lucrative, leading to more attempts. This increase in attempts puts all businesses at risk, regardless of size or industry.
Solution: Businesses need to be vigilant and have cybersecurity measures in place to defend against cyberattacks. With increased cyberattack frequency, businesses with little to no cybersecurity will be prime targets for hackers and other bad actors.
These cybersecurity statistics highlight just how much businesses are at risk for a host of cybercrimes and cyberattacks. Businesses need to be proactive in their cybersecurity efforts to protect themselves from these threats. Cybersecurity should be a top priority for all businesses in 2022 due to increased frequency . To learn how you can prevent your business from these threats, explore our cybersecurity offerings here.