Page 181 - Cyber Defense eMagazine Special RSA Conference Annual Edition for 2022
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Cybersecurity: Why We’re Stronger Together
Advocating for greater security collaboration between businesses, law enforcement and
government
By Nicole Mills, Exhibition Director at Infosecurity Group
Cybercrime is on an extremely worrying trajectory.
A previous survey of global IT security decision makers conducted by Statista revealed that 46.4% of
organizations had endured between one and five successful cyber-attacks in the 12 months ended
November 2020. Since then, Accenture has reported that such attacks increased 31% between 2020
and 2021.
As we now move through 2022, this concerning reality is further compounded by even more frightening
figures.
According to IBM, the average cost of a data breach last year was $4.24 million, and this number is
predicted to rise in 2022. Resultantly, Cisco and Cybersecurity Ventures together suggest that come
2025, the global cost of cybercrime could exceed $10 trillion.
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