The Cyber Threat
Cybersecurity is the primary risk facing businesses
2,365 cyberattacks in 2023 with 343,338,964 victims.
72 per cent increase in data breaches since 2021, which held the previous all-time record.
A data breach costs $4.45 million on average.
Email is the most common vector for malware, with around 35% of malware delivered via email in 2023.
94% of organizations have reported email security incidents.
Business email compromises accounted for $2.7 billion in losses in 2022.
Information security jobs are projected to grow by 32% between 2022 and 2032.
Source: Forbes February 24
1. Escalation of Supply Chain Attacks
By 2025, it's anticipated that 45% of global organizations will be affected by supply chain attacks, underscoring vulnerabilities in interconnected systems.
35 cybersecurity statistics to lose sleep over in 2025
2. Rapid Adversary Breakout Times
The fastest recorded eCrime breakout time is now 51 seconds, highlighting the need for swift incident response.
3. Prevalence of Malware-Free Attacks
Approximately 79% of detected cyber threats are now malware-free, indicating a shift towards more sophisticated attack methods.
2025 Global Threat Report | Latest Cybersecurity Trends & Insights | CrowdStrike
4. AI-Driven Cyber Threats
A recent survey indicates that 47% of organizations are concerned about adversarial advances powered by generative AI, enabling more sophisticated and scalable attacks.
5. Increase in Phishing and Social Engineering
There has been a 42% increase in phishing and social engineering attacks, reflecting the growing sophistication of cyber adversaries.
Global Cybersecurity Outlook 2025 | World Economic Forum
6. Rising Concerns Among Financial Institutions
An Accenture survey reveals that 80% of bank cybersecurity executives feel they cannot keep up with AI-powered cybercriminals, despite significant investments in cybersecurity.
4 in 5 Banks Think They Can't Compete With AI-Fueled Cyber Attacks - Business Insider
7. AI as a Double-Edged Sword
Cybersecurity companies are emphasizing AI as a core technology for defense, while acknowledging that hackers are also leveraging AI for more sophisticated attacks.