COVID-19 Reporting and Information • HEERF I & II

2020 Cybersecurity Awareness Month

Cybersecurity Awareness Month - Tennessee Tech

Helpful Facts and Figures

  • An estimated $6 trillion will be spent globally on cybersecurity by 2021
  • On average after a breach, company share prices fall 7.27%
  • It takes companies nearly 6 months to detect a data breach
  • 77% of organizations do not have a cybersecurity response plan
  • 95% of cybersecurity breaches are due to human error
  • By 2020 there will be roughly 200 billion connected devices
  • 95% of breached records came from only three industries in 2016
  • There is a hacker attack every 39 seconds
  • The average cost of a data breach in 2020 will exceed $150 million
  • In 2018 hackers stole half a billion personal records
  • The number of cellular Internet of Things (IoT) connections is expected to reach 3.5 billion in 2023 – increasing with an annual growth rate of 30%. (Ericsson)
  • Gartner forecasts that 25 billion connected things will be in use by 2021. (Gartner)
  • 63% of people find connected devices ‘creepy’ in the way they collect data about people and their behaviors. (Consumers International & Internet Society)
  • Once plugged into the internet, connected devices are attacked within 5 minutes and targeted by specific exploits in 24 hours. (NETSCOUT)

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More information about how to Stay Safe Online can be found at the National Cybersecurity Alliance as well checking out the Cybersecurity Resources page at CEROC.

Listen to the Tennessee Tech Today podcast from October 2, 2020 to hear more about Cybersecurity Awareness Month at Tennessee Tech!