Data-Centric Security Statistics


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Data-Centric Security Statistics 2023: Facts about Data-Centric Security outlines the context of what’s happening in the tech world.

LLCBuddy editorial team did hours of research, collected all important statistics on Data-Centric Security, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂

Are you planning to form an LLC? Maybe for educational purposes, business research, or personal curiosity, whatever the reason is – it’s always a good idea to gather more information about tech topics like this.

How much of an impact will Data-Centric Security Statistics have on your day-to-day? or the day-to-day of your LLC Business? How much does it matter directly or indirectly? You should get answers to all your questions here.

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Top Data-Centric Security Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 20 Data-Centric Security Statistics on this page 🙂

Data-Centric Security “Latest” Statistics

  • Even though one of the main reasons for cloud migration is to make data accessible from anywhere, research by OpenVPN found that 90% of IT professionals don’t think remote employees are safe.[1]
  • According to a survey by Accenture and the Ponemon Institute, the frequency of data breaches has surged by 67% over the last five years.[1]
  • Ransomware attacks affected 60% of businesses last year, and researchers expect this threat vector to continue to expand since it is an easy way to make money.[1]
  • Despite the fact that current privacy laws oblige businesses to monitor the impact of the personal data they gather, 33% of enterprises subject to the GDPR and 25% of those subject to the CCPA do not monitor data sharing at all.[1]
  • According to the Netwrix 2020 Data Risk and Security Report, 38% of firms that use remote workers have experienced cloud data security breaches. However, over 70% believe that remote workers are more dangerous than onsite workers.[1]
  • In the Barracuda study, 53% of participants said that the COVID-19 incident had prompted them to expedite their plans to transfer all of their data to a 100% cloud-based model.[2]
  • With ADQ, there is a 50% increase in predictability, over 45% lower latency, and about 30% improvement throughout running open source.[3]
  • In 2020, the global data-centric security market size was appreciated at $2.73 billion and was estimated to arrive at $39.344 billion by 2030, reflecting a 30.6% CAGR from 2021 to 2030.[4]
  • The public cloud’s explosive growth from $270 million in 2020 to a projected $397 million in 2022 complicates things even more.[5]
  • Over the last ten years, identities have expanded more than fivefold, according to 52% of IT security decision-makers.[6]
  • Attackers seek to migrate laterally across the network in 70% of all cases.[6]
  • Insider assaults occurred in 60% of businesses in the last year, according to the 2019 Insider Threat Report Insiders for Nucleus Cybersecurity.[6]
  • Interestingly the Opus/Ponemon analysis stated that 59% of firms had a breach owing to a vendor, whereas the BeyondTrust report placed that percentage at 58%.[6]
  • In order to infect user devices, over 99% of threats were identified as needing human contact.[6]
  • Preferential credentials are used in more than 80% of hacks.[6]
  • 83% of respondents said they thought such assaults would be effective in the coming years.[7]
  • The market for data-centric security would increase from an anticipated value of $4.2 billion in 2022 to $12.3 billion by 2027, growing at a compound annual growth rate of 23.9% between 2022 and 2027.[7]
  • Compared to 68% of sluggish performers, 81% of outperformers, according to a McKinsey analysis, invest in data analytics centers.[8]
  • The United States owned more than 36% of the worldwide market share for information and communication technology in 2021, according to Statista.[9]
  • Predictions state that the ICT industry will surpass $6 trillion in 2021 and approach $7 trillion by 2023.[9]

Also Read

How Useful is Data Centric Security

Data-centric security focuses on protecting the data itself rather than solely relying on perimeter defenses. By encrypting, tokenizing, or otherwise securing the data at rest, in transit, and in use, organizations can ensure that even if unauthorized individuals gain access to the system, they will not be able to make sense of the data.

The usefulness of data-centric security lies in its ability to provide a last line of defense in the event that other security measures fail. In a world where breaches are becoming more frequent and sophisticated, it is no longer sufficient to rely solely on firewalls and antivirus programs. Data-centric security adds an extra layer of protection that can thwart malicious actors even if they manage to gain access to the network.

Additionally, data-centric security is a more holistic approach to cybersecurity. Rather than focusing on defending against specific threats or using one-size-fits-all solutions, data-centric security considers the unique nature of each piece of data and ensures that it is protected according to its value and sensitivity. This tailored approach means that organizations can allocate their resources more effectively and focus on securing the data that is most important to them.

Furthermore, data-centric security can also help organizations comply with regulations and standards regarding data protection. Laws such as the General Data Protection Regulation (GDPR) and the Health Insurance Portability and Accountability Act (HIPAA) require businesses to take specific measures to safeguard personal data. By implementing data-centric security measures, organizations can demonstrate a commitment to compliance and avoid the hefty fines and reputational damage that can result from failing to protect sensitive information.

One of the key advantages of data-centric security is its ability to follow the data wherever it goes. With the increasing use of cloud services, mobile devices, and remote work, data is no longer confined to a single network or location. Data-centric security ensures that regardless of where data is stored or accessed, it remains protected. This flexibility is crucial in today’s interconnected world where data is constantly moving across different devices and platforms.

Overall, data-centric security is a necessary and valuable tool in the fight against cyber threats. By shifting the focus from merely securing the perimeter to protecting the data itself, organizations can greatly enhance their security posture and reduce the risk of a successful breach. As the digital landscape continues to evolve, data-centric security will undoubtedly play a crucial role in safeguarding sensitive information and maintaining the trust of customers and stakeholders alike.

Reference

  1. netwrix – https://blog.netwrix.com/2020/03/31/time-to-shift-from-threat-centric-security-towards-data-centric-security/
  2. seclore – https://blog.seclore.com/five-key-trends-driving-faster-adoption-of-data-centric-security/
  3. intel – https://newsroom.intel.com/news/fact-sheet-intel-unveils-new-technologies-accelerate-innovation-data-centric-world/
  4. alliedmarketresearch – https://www.alliedmarketresearch.com/data-centric-security-market-A13793
  5. cyberdefensemagazine – https://www.cyberdefensemagazine.com/data-centric-security/
  6. idsalliance – https://www.idsalliance.org/identity-centric-security-10-data-points-from-10-different-vendors-and-a-book-make-the-case/
  7. marketsandmarkets – https://www.marketsandmarkets.com/Market-Reports/data-centric-security-market-1504980.html
  8. securitymagazine – https://www.securitymagazine.com/articles/96652-the-business-case-for-data-centric-security
  9. taiwannews – https://www.taiwannews.com.tw/en/news/4389872

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