What we learned in 2023
Cybersecurity
Landscape
Challenges & Solutions
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01 — Scale
$8T
Expected global cybercrime damages annually
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The Rise of Cyber Threats
Global cybercrime damages are expected to exceed
$8 trillion
annually by 2023, as attacks scale in both frequency and reach.
01 — Cost
$4.45M
Average cost of a data breach
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The Rise of Cyber Threats
The average cost of a data breach for companies is estimated at
$4.45 million
— a figure driven up by detection delays and downtime.
02 — Trend
+42%
Increase in supply chain attacks
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The Evolving Threat Landscape
Supply chain attacks have increased by
42%
, as attackers target weaker third-party links instead of hardened front doors.
02 — Tactic
AI Phishing
A rising 2023 attack tactic
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The Evolving Threat Landscape
Cyber attacks in 2023 are expected to use more sophisticated tactics, including
AI-generated phishing emails
that are harder to spot.
03 — Response
108 days
Faster detection & containment
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Importance of Proactive Defense
Organizations with
incident response teams
and tested plans reduce breach detection and containment time by an average of
108 days
.
03 — Payoff
$4.45M
What proactive defense saves you
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Importance of Proactive Defense
The average breach costs
$4.45 million
in 2023. Proactive measures considerably mitigate these costs by decreasing detection and response time.