Encryption Statistics


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Encryption Statistics 2023: Facts about Encryption outlines the context of what’s happening in the tech world.

LLCBuddy editorial team did hours of research, collected all important statistics on Encryption, 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 Encryption 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.

Please read the page carefully and don’t miss any words.

On this page, you’ll learn about the following:

Top Encryption Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 38 Encryption Statistics on this page 🙂

Encryption “Latest” Statistics

  • According to the most recent statistics, more than half of websites use the more sophisticated HTTPS protocol, which roughly 95% of websites use.[1]
  • Statistics on SSL security reveal that 86% of businesses undergo BEC business email compromise assaults, and almost 90% of businesses experience phishing attempts.[1]
  • The market for IT security may expand at a pace of 8.5%, reaching $170.4 billion by 2022.[1]
  • In addition, 36% of reported incidents in 2021 featured phishing, an 11% rise from the year before.[1]
  • The prevalence of phishing URLs on mobile devices has drastically grown, reaching 85%.[1]
  • Over 90% of online traffic is encrypted in the majority of nations, and most companies utilize SSL certificates.[1]
  • 27% of businesses only partly encrypted their internet interactions.[1]
  • For other systems and platforms, Windows at 97% and Android at 95%.[1]
  • Between Q2 2018 and Q2 2019, the number of HTTPS websites hosting harmful material increased by 167%.[1]
  • Compared to attachment-based assaults, URL-based attacks are two times more common in email threats, and even HTTPS URLs are not 100% protected.[1]
  • Although it’s hard to know for sure how many websites really have SSL and how many don’t, statistics suggest that more than 95% of those that Google index have the certificate.[1]
  • The adversary in the bounded retrieval model has malware on the message sender’s machine that can leak a certain quantity of data, such as 10% of the hard drive’s size.[2]
  • 80% of security professionals said it would be difficult to locate employees with security abilities in 2019, according to the 2019 Global Encryption Trends Study by nCipher Security.[3]
  • IDC, an analyst group, projects that enterprises globally will spend 9.4% more on security gear, software, and services in 2019 than they did in 2018.[3]
  • Emerging problems and blind spots ideal techniques helped reduce ransomware attacks by 20% in 2018.[3]
  • 82% of CEOs claim to have an extensive understanding of cybersecurity in a survey of 263 top executives at organizations throughout the globe.[3]
  • 97% of financial services professionals express concern about third-party risks.[3]
  • Only 21% of respondents think the government is ready to react to a breach of such vital infrastructure.[3]
  • Less than one-third of them, or 30%, believe that future customers will be able to safeguard their privacy and identities.[3]
  • Compared to firms with a mature SecOps program, 40% of personnel at organizations with immature SecOps procedures have coding expertise.[3]
  • 84% of CIOs and CTOs in the same poll stated the same degree of cybersecurity knowledge.[3]
  • 20% of respondents said their firms were attacked six or more times a year, and 80% reported having at least one cybersecurity event that was that serious.[3]
  • For certain applications and data types, such as those listed above, 42% of respondents have implemented encryption slightly more restrictedly.[3]
  • On their mobile devices, 43% of people claimed to have often seen advertisements for a recent chat.[3]
  • 60% of respondents said it had a detrimental effect on incident detection and response. 53% said it led to unsafe setups, while 42% claimed that a lack of knowledge prevented them from turning security information into intelligence.[3]
  • According to IDC, spending will continue to increase at a 9.2% compound annual growth rate and reach 133 billion in 2022.[3]
  • Microsoft Office documents, which were used to hide malware 45% of the time, were followed by Windows programs, which were utilized 26% of the time.[3]
  • 80% said they had just begun or were halfway through their maturation process.[3]
  • 94% of respondents in the same group stated they would be more open to sharing threat information if there were clear advantages.[3]
  • According to a 2019 global data risk analysis, approximately 300 billion passwords will need to be secured globally by 20.[4]
  • A startling 53% of businesses left over 1,000 important files and folders available to all of their workers, according to research by Varonis.[4]
  • 65% of businesses don’t know where critical data is housed across various clouds, according to Entrust’s 2021 research.[4]
  • 60% of the firms examined in Ponemon’s 2021 research admitted to transferring sensitive files to the cloud, regardless of whether they are encrypted or rendered unreadable by data masking or tokenization.[4]
  • According to Statista’s 2020 survey, 56% of business respondents claimed they use substantial encryption for their online connections.[4]
  • 56% of respondents in the Ponemon institute’s survey said that managing encryption keys is difficult.[4]
  • Over 2/3 firms are utilizing two or more public clouds, and 65% of respondents said they have trouble locating sensitive data across numerous clouds.[5]
  • The Ponemon Institute discovered that enterprises passed a new milestone, with 50% saying that they had an overall encryption strategy that is implemented regularly after 16 years of conducting the Global Encryption Trends Study.[5]
  • 42% of respondents actually use encryption for customer data, making it the fifth most common kind that businesses encrypt.[5]

Also Read

How Useful is Encryption

Encryption plays a significant role in securing communication, data, and transactions in various sectors, including government, finance, healthcare, and even personal online activities. By converting plaintext data into an incomprehensible format that can only be deciphered with a specific key, encryption ensures that only intended recipients can access and comprehend the information.

One of the main reasons encryption is so invaluable is its ability to protect sensitive data from cyber threats. Hackers are constantly on the prowl, seeking to compromise systems and steal valuable information for malicious purposes. Encryption serves as a barrier that prevents unauthorized access, making it exceedingly difficult for cybercriminals to infiltrate systems and exploit vulnerabilities.

Moreover, encryption enables secure communication channels, allowing individuals and organizations to exchange sensitive information without fear of interception or eavesdropping. Whether it’s sending confidential emails, conducting online transactions, or sharing personal documents, encryption ensures that conversations remain private and data stays secure.

In addition to safeguarding personal and sensitive data, encryption also plays a critical role in ensuring compliance with regulations and standards related to data protection and privacy. Various industries are subject to stringent requirements governing the handling and storage of confidential information, such as medical records, financial data, and personal details. Encryption provides a means of meeting these requirements and mitigating the risks of non-compliance.

Furthermore, encryption has become increasingly essential as more devices and systems are interconnected through the Internet of Things (IoT). With the proliferation of smart devices and sensors that collect and transmit data, the need for security measures like encryption has never been greater. By encrypting data at rest and in transit, IoT devices can prevent unauthorized access and manipulation, thereby safeguarding critical infrastructure and systems.

It’s also worth noting that encryption serves as a deterrent against government surveillance and invasive data collection practices. In an era where privacy concerns are at the forefront of public discourse, encryption offers a means of protecting individual liberties and asserting control over personal data. By implementing encryption, individuals can ensure that their communications and online activities remain confidential and shielded from prying eyes.

Overall, the usefulness of encryption cannot be overstated. In a world where cyber threats are rampant, data breaches are pervasive, and privacy is constantly under threat, encryption stands as a crucial safeguard against malicious actors and unauthorized access. By leveraging encryption technologies and practices, individuals, businesses, and organizations can fortify their defenses, uphold data integrity, and preserve confidentiality in an increasingly interconnected and data-driven world.

Reference


  1. serpwatch – https://serpwatch.io/blog/ssl-stats/
  2. stanford – https://statistics.stanford.edu/events/big-key-encryption-and-thorp-shuffle
  3. techbeacon – https://techbeacon.com/security/31-cybersecurity-stats-matter
  4. comparitech – https://www.comparitech.com/blog/information-security/encryption-statistics/
  5. entrust – https://www.entrust.com/lp/en/global-encryption-trends-study

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