As internet usage continues to increase, so does the amount of personal information and data that is made available online. This could be out of choice, for example, somebody providing personal details to a social network in order to use their service - or it could be unwillingly, as a victim of a cybercrime attack or data breach. With the development of various AI tools, cyber crime is currently transforming. Therefore, the risks to individuals, companies, organizations, and governments have never been greater.
Most common consequences of sensitive information loss incidents in worldwide organizations in 2023
Further details: Visit original statistic Most common consequences of sensitive information loss incidents in worldwide organizations in 2023
Cybercrime can take many forms - identity fraud, data theft, ransomware attacks, copyright infringement, and phishing campaigns are just some examples. Organizations consider the loss of personally identifiable information of customers or employees as one of the most dangerous outcomes of cyberattacks. The loss of sensitive information can have serious repercussions for companies, such as damaged reputation and loss in revenue.
Global repercussions of sensitive information loss incidents 2023Average cost of a data breach worldwide from 2014 to 2024 (in million U.S. dollars)
Further details: Visit original statistic Average cost of a data breach worldwide from 2014 to 2024 (in million U.S. dollars)
Organizations worldwide don't only pay to get back the data lost in cyberattacks they also suffer downtime and disruption in operations caused by cybercrime. The average cost of a data breach worldwide is around 4.35 million U.S. dollars, but financial repercussions differ greatly depending on the region, organization size, and industry. The average cost of a data breach in the healthcare sector is 10.1 million dollars.
Per-record cost of a data breach worldwide in 2023Steps taken by global internet users to protect their personal information online as of January 2023
Further details: Visit original statistic Steps taken by global internet users to protect their personal information online as of January 2023
While governments around the world take steps toward improved personal data protection, users are now more aware and interested in minimizing the risks in the online environment. As of 2023, seven in ten internet users stated having taken steps to protect their identity online. At the same time, some users are willing to accept risks for more convenient internet usage. Nearly 70 percent of global respondents said they felt more vulnerable to identity theft now than they did years ago.
Share of internet users who accept online privacy risks for convenienceHighest fines issued for General Data Protection Regulation (GDPR) violations as of January 2024 (in million euros)
Further details: Visit original statistic Highest fines issued for General Data Protection Regulation (GDPR) violations as of January 2024 (in million euros)
The GDPR (General Data Protection Regulation) was introduced in the EU in 2018 in an attempt to better regulate the handling of data and personal information by companies and organizations and to provide greater protection for citizens' rights and privacy. It remains the most comprehensive data privacy regulation globally. In recent years, other countries have developed similar laws protecting users' online information.
GDPR and DPA preparedness level among EU and UK companies 2023
Statista offers comprehensive data on the ever-evolving issue of cyber crime. In this section, users can find information on the most common types of cyber attacks, the biggest online data breaches, and the regions and industries most targeted by cyber intrusions worldwide.
The database contains statistics on the number of cyber incidents and compromised data records as well as a breakdown of the costs associated with cyber crime and cyber security among companies. These financial figures are further complemented with survey data and other relevant insights into the forms and frequency of cyber bullying among internet users.
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