Remote Work Cybersecurity Statistics and Facts

Introduction

Remote Work Cybersecurity Statistics: With the maximum number of tasks carried out online and without the properly secured protections that are given in office settings, employees are more unguarded from cyber-attacks than ever before. It shows that remote working is not for the short term, and as a result, remote employees will continue to be a target for cybercriminals. With the beginning of an unsettled period of the lockdown and a big increase in working from home, these criminals have seen their chance and have grabbed it.

Today, this has resulted in an almost 630% increase in cloud-based attacks, especially between January 2020 and April 2020. In this article, we shed more light on the statistics of remote work cybersecurity.

Editor’s Choice

• Information Technology will grow by 40% of the companies in 2023, with an increased investment.
• In 2021, LinkedIn also experienced data violations of the private information of nearly 700 million users, or almost 93% of LinkedIn members.
• As per Varonis, almost 64% of United States citizens have never checked to see if they were affected by a data violation.
• J.B.S. company had also witnessed an adware cyber-attack that shut down the beef and poultry processing plants on different continents.
• In 2023, almost 63% of applications had first-party code flaws, and nearly 70% had drawbacks in third-party code.
• As per Tech Crunch, Panasonic had declared that the business partner data, job employee information, and information about the interns were also violated.
• On the other hand, Indonesia and Cyprus rank poorly in cybersecurity, with high cyber-danger scores.
• Virtually 48% of companies expect to work from home for a very long time, making cybersecurity a basic issue.
• As per Bloomberg, Uber tried to pay off the hackers to delete the data that had almost 57 million users stolen and keep the violation unsaid.
• Almost 48 million people had their private information stolen in 2021.
• From Nov 2021 to Dec 2022, Microsoft Office applications were almost commonly malware applications at 70%.

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Remote Work Cybersecurity Statistics

• Nearly 67% of the organizations have faced a cyberattack as they implement work from home.
• Almost 50% of remote employees use public Wi-Fi networks, which certainly increases the risk of cybersecurity threats.
• 2 out of 3 workers preferred remote work even though it complements their organization’s cybersecurity efforts.
• About 52% of the employees working from home stated that using their personal computers for work poses notable security risks.
• Roughly 61% of Information Technology decision-makers state that remote working employees increase the possibility of a cyber breach.
• Virtually 48% of companies expect to work from home for a very long time, making cybersecurity a basic issue.
• Around 68% of companies are expected to face a growing challenge in cybersecurity due to working remotely.
• Almost 80% of companies have seen a growth in email phishing attacks since remote working began.
• 63% of the companies have witnessed a data breach because the workers are working remotely.
• After the shift to remote work, scareware attacks have increased by almost 30%.
• Almost 72% of the CISOs stated that there has been an increase in cyber attacks since the start of the pandemic.
• Nearly 94% of the companies have witnessed cybersecurity improvement from implementing cloud technology.
• The United Kingdom witnessed an almost 10.3% growth in cyber attacks before the CyberEdge 2022 Cyberthreat Defence Report.
• Healthcare faced almost 71% growth in breaches or incidents in 2020.
• The healthcare market was targeted by cybercriminals, which resulted in costly data breaches with almost millions of negotiated patient records.
• By 2025, global cybercrime is estimated to be worth up to $10.5 trillion annually.
• 81% of the users think that the risks of the organizations collecting data outweigh the advantages.
• Most companies predict the growth of cyber budgets compared to last year, with almost 30% double-digit growth.
• Just 34% of companies are confident that a basic third party will inform their partners of a data breach.
• Cybercrime has grown almost by 600% because of the COVID-19 pandemic.

Data violation prevention statistics

• According to C.S.O., 58% of the companies will have transferred their application collection to a public cloud in the next two years.
• According to Statista, the count of malware attempts failed to 494 million in 2022.
• According to the I.T.C., global I.T. security spending increased to $193 billion in 2022 and is estimated to grow by 12.1% to $219 billion by 2023.
• Cybercrime Magazines predicts that global cybersecurity spending will be valued at $1.75 trillion by 2025.
• According to remote work cybersecurity statistics, Information Technology will grow by 40% of the companies in 2023, with an increased investment.
• The security budgets have grown at a median of 6% in 2023, down from almost 17% growth in the previous budget cycle.
• Nearly 63% of the organizations have implemented a biometric system or plan to implement one.

The Critical data breach and hacking statistics

• The median cost of a data breach was almost $4.45 million, the biggest median on record in 2023.
• According to Verizon, almost 74% of cybersecurity violations are caused by human error.
• I.B.M. states that the median time to identify a violation is almost 207 days.
• The median lifecycle of the violation is 277 days from recognizing the containment.
• According to the World Economic Forum, the probability that a cybercrime entity will be discovered and seek redress in the United States is predicted to be almost 0.05%.
• Verizon stated that 74% of the violations included human elements in 2023.
• As per U.S. News, the Federal Trade Commission received more than 1.1 million reports of thefts.
• Almost 68% of the security violations had increased in 2021.
• Almost 42% of organizations are affected by cyber fatigue, a proactive defense against cyberattacks.
• As per Varonis, almost 64% of United States citizens have never checked to see if they were affected by a data violation.
• Microsoft states that in 2020, the United States was the target of almost 46% of the cyberattacks, more than two times of any country.
• About 56% of people in the United States do not know what steps to take in the event of a data violation.
• About 97% of companies have witnessed a growth in cyber-attacks since the start of the Russia—Ukraine war in 2022.

Historical events of cybersecurity violations

• In 2023, the AT and T violation exposed almost 9 million consumer’s data.
• According to Forbes, cybercriminals copied the voice of a U.A.E. organization’s director to initiate almost $35 million in bank transfers in 2020.
• As per Bloomberg, Uber tried to pay off the hackers to delete the data that almost 57 million users had stolen and keep the violation unsaid.
• According to the I.T. Governance, a company was targeted by a criminal attacker who had leaked almost 220 million users’ email addresses in 2023.
• A Twitter violation that targeted almost 130 accounts, including the past United States presidents and Tesla C.E.O. Elon Musk, resulted in cybercriminals deceiving almost $121,000 in Bitcoin through almost 300 transactions.

(Source: techtarget.com)

• In 2023, T-Mobile revealed its data violations for the second time in the same year, the first of which involved the theft of almost 836 consumers’ private data. The first data violation affected almost 37 million consumers.
• Almost 48 million people had their private information stolen in 2021.
• JBS company also witnessed an adware cyber-attack that shut down beef and poultry processing plants on different continents.
• According to Microsoft, an attack in 2021 targeted more than 30,000 companies in the United States, including companies and government agencies.
• A two-year-old exposure was discovered that revealed the private information of almost 533 million users.
• In 2021, LinkedIn also experienced data violations of the private information of nearly 700 million users, or almost 93% of LinkedIn members.
• The trading application Robinhood fell victim to a social engineering crime that used the personal data of almost five users to find a middle ground.
• As per Tech Crunch, Panasonic had declared that the business partner data, job employee information, and information about the interns were also violated.
• The personal data of almost 100 million Android users has uncovered a data leakage to a mispositioned cloud service in 2021.
• As per Neiman Marcus, in 2021, they found an 18-month-old data violation that revealed the payment data and other information of almost 4.6 million customers.

Cybersecurity Industry 2023 statistics

• Managing smartphone security is a different challenge. Implanted devices, along with those that likely had exploits installed, pose a huge risk.
• In 2023, almost 63% of applications had first-party code flaws, and nearly 70% had drawbacks in third-party code.
• The FBI’s Cyber Wanted list features more than 150 individuals and groups that plotted to commit the most damaging crimes against the United States.
• Around phishing, there are various security risks linked with GenAI that began to be borne in 2023.
• The GenAI is making phishing dangerous by sanctioning attackers to construct persuasive lures more easily to reel in potential victims.

The most Cyber-secure countries to work

• In our research, Finland emerges as the top pick for a workcation, offering exceptional cybersecurity and a low-risk score.
• Honduras and Guatemala follow closely behind, providing safe environments for remote work. These countries boast minimal numbers of compromised computers and phishing sites, making them ideal destinations for digital nomads.
• On the other hand, Indonesia and Cyprus rank poorly in cybersecurity, with high cyber-danger scores.
• Indonesia, despite its popularity among remote workers, faces significant challenges with cybersecurity, while Cyprus hosts a concerning number of phishing and malware sites.
• Malaysia also presents cybersecurity concerns, with a notable number of compromised computers, phishing sites, and malware-hosting sites.
• Vietnam, Bulgaria, Singapore, and Nepal round out the list of countries with elevated cybersecurity risks, primarily due to high numbers of malware and phishing sites.
• Morocco and Tunisia offer attractive exploration destinations in North Africa, but digital nomads should exercise caution due to their relatively low cybersecurity rankings.
• Romania, the only other European country featured, completes the list of the top 10 least cyber-secure countries.
• Jordan and Kenya face cybersecurity challenges as well, with significant monthly averages of drive-by downloads.
• African, Asian, and South American countries like Algeria, Oman, Vietnam, and Venezuela also rank high in terms of cybersecurity risks.
• Despite its lucrative job market, China presents substantial cybersecurity risks for digital nomads, with a high number of sites hosting malware.
• The United States, while ranking relatively lower in terms of cyber danger, still hosts a significant number of malware-hosting sites, making caution essential for remote workers.
• Overall, Finland stands out as the safest destination for a workcation, while countries like Indonesia, Cyprus, and Malaysia pose higher cybersecurity risks.
• Digital nomads should prioritize safety and take necessary precautions when choosing their workcation destination.

Points to Consider to Have a Cyber-Safe Workcation

Having a cyber-safe workcation is crucial for protecting your personal and professional information while enjoying your time away. Here are some tips to help you achieve that:

• Use Strong, Unique Passwords: Avoid using the same password for multiple accounts. Instead, use complex passwords with a mix of letters, numbers, and special characters. Consider using a reputable password manager to generate and store your passwords securely.
• Regularly Update and Change Passwords: Make it a habit to update your passwords regularly, especially for accounts that contain sensitive information. Change them immediately if you suspect any security breach.
• Secure Your Devices: Ensure that all your devices are protected with up-to-date antivirus and antimalware software. Enable firewalls and encryption to safeguard your data from unauthorized access.
• Be Wary of Public Wi-Fi: Avoid using public Wi-Fi networks to access sensitive information or conduct work-related tasks. If you must use public Wi-Fi, consider using a virtual private network (VPN) to encrypt your internet connection and protect your data.
• Backup Your Data: Regularly back up your important files and documents to a secure cloud storage service or an external hard drive. This will help you recover your data in case of device theft or damage.
• Stay Vigilant Against Phishing: Be cautious of unsolicited emails, messages, or links that ask for personal or sensitive information. Verify the sender’s identity and avoid clicking on suspicious links or downloading attachments from unknown sources.
• Update Software and Applications: Keep your operating system, software, and applications up-to-date with the latest security patches and updates. Check for updates regularly and install them promptly to address any known vulnerabilities.
• Use Two-Factor Authentication (2FA): Enable two-factor authentication wherever possible to add an extra layer of security to your accounts. This requires a second form of verification, such as a text message code or authentication app, in addition to your password.

By following these practices, you can enjoy a productive and secure workcation without compromising your cybersecurity.

Data breaches by the numbers

• As per Verizon, almost 83% of the data violations included internal actors in 2022.
• Almost 95% of the data violations are motivated financially from past years.
• Adware accounts for almost 24% of the cases in which the malware is used.
• As per TechRepublic, 95% of the breached records came from the government, technology, and retail sections.
• In 70% of the incidents, data breaches can be traced back to organized crime groups.
• As per IBM, globally, it took a median of 204 days to identify a data violation.
• The companies that use the violation in intelligence in identifying threats almost 28 days faster than the median.
• The median time to have a violation of data was 73 days.
• The violation that used the stolen initiatives took a long time to resolve, at 88 days, according to IBM.
• A data violation lifecycle of under 200 values on the median of $1,02 million less than a lifecycle of almost 200 days.
• As per Statista, in 2022, there were almost 5.5 billion exploit attacks, up to 100 million in 2021.
• By 2022, the number of data violations in the United States had noteworthily grown within the decade, of 1,800 by 2022.
• From Nov 2021 to Dec 2022, Microsoft Office applications were almost commonly malware applications at 70%.
• In 2021, 98% of the point-on-sale data violations in the hospitality market were motivated.
• Online fraud in the United States is valued at $8.8 billion, with an average loss of $650 in 2022.

Conclusion

A cybersecurity ecosystem is an interlinked group of shareholders. The government, companies, service providers, and users are all influenced by each other. Cybersecurity is a fast-growing industry. Organizations are required to invest more funds in the security of their data from cyber-attacks. The demand for a skilled professional in this field is also on the rise. Cybersecurity risks have grown with work-from-home employees.

Almost 70% of the companies think that remote work has the highest risks. Even though 94% of companies note an increase in cybersecurity with cloud technology. In the above article, “Remote Work Cybersecurity Statistics, “we covered all the essential statistics.