To give you a better view of the current state of overall security, weâve collected 29 vital statistics about data breaches, hacking, industry-specific statistics, as well as spending and costs. Ransomware Take Away for 2020: take yourself out of the firing line, get proper protection and implement a robust backup and contingency plan. (Subscribe to our Today's Cache newsletter for a quick snapshot of top 5 tech stories. 51 Important Cybercrime Statistics: 2020 Data Analysis & Projections Why is FinancesOnline free Cybercrime or computer crime costs United â¦ Marriott was among the companies to face a major cyber incident in 2020, contributed to an estimated $1 trillion in losses from cybercrime. According to the 2020 Official Annual Cybercrime Report by Cybersecurity Ventures, sponsored by Herjavec Group, cybercrime is the greatest threat to every company in the world, and one of the biggest problems with mankind. As an example of what can happen when organizations fail this challenge, see the Canadian Bank of Nova Scotia developers who retained parts of the source code as well as passwords and credentials for sensitive systems on the open source storage system Github. The Center for Strategic and International Studies (CSIS), in partnership with McAfee, presents The Hidden Costs of Cybercrime.As the global losses from cybercrime approach $1 trillion, this report focuses on the costs of cybercrime that organizations may be less aware of, such as opportunity costs, downtime and damaged staff morale. After the pandemicâs onset, the FBI saw an uptick in daily cybercrime reports in April of more than 400 percent compared to typical complaint rates. There’s no shortage of best practices information on how to prevent and deal with data breaches, but research has shown that even some of the top consulting firms fail to take their own advice. Cyber-protection firm Acronis has announced that it is collaborating with the World Economic Forum (WEF) Center for Cybersecurity to address rising cybercrime around the globe. Never ones to take half measures themselves, the Chinese government has come to the conclusion that it no longer trusts US tech, and has ordered all government and public institutions to remove US hardware and software and be 100% completely domestically-sourced by 2022. 2020 Security Predictions Cybersecurity in 2020 will be viewed through many lenses â from differing attacker motivations and cybercriminal arsenal to technological developments and global threat intelligence â only so defenders can keep up with the broad range of threats. These are robust platforms when used properly, but it’s also easy for clients to misconfigure firewalls, leave open permissions, use weak or recycled passwords or fail to secure other credentials. According to a â¦ Too many businesses have sprawling networks with poor visibility and a wide-range of legacy devices. See related science and technology articles, photos, slideshows and videos. These are robust platforms when used properly, but it’s also easy for clients to misconfigure firewalls, leave open permissions, use weak or recycled, Such basic failures have led to millions of sensitive records being exposed this year: medical records, financial information, personal information and more.