Penetration Testing Software Statistics 2024

In the fast-evolving landscape of cybersecurity, penetration testing software has become a crucial tool for businesses striving to protect their digital assets. As we move into 2024, understanding the latest trends and statistics surrounding these tools is essential for any organization seeking to stay ahead of potential threats. This data not only paints a clear picture of the current state of cybersecurity but also highlights the areas where improvements are most needed, thereby allowing companies to build more robust defenses against cyber-attacks.

Key stakeholders who will find this information invaluable include cybersecurity professionals, IT managers, and business executives. These statistics offer insights that are critical for planning and resource allocation, ensuring that the most effective and efficient strategies are employed to safeguard enterprise systems. Furthermore, for investors and developers within the cybersecurity industry, having access to this data means staying informed about market demands, which in turn drives innovation and development in penetration testing software.

As the cybersecurity landscape continues to shift, the data from 2024 will be instrumental in shaping future strategies and decision-making processes. By analyzing these statistics, businesses can not only identify emerging threats but also capitalize on new opportunities to enhance their security infrastructures. This article aims to provide a comprehensive overview of the crucial trends and figures that will define penetration testing software in the coming year, empowering stakeholders to make informed, strategic decisions.

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Top Penetration Testing Software Statistics 2024

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Cybersecurity Trends & Statistics

• Nearly half (48.8%) of executives expect an increase in the number and size of cyber events targeting accounting and financial data in the next year. ^[?]
• Only 20.3% of polled executives say their accounting and finance teams work closely with cybersecurity peers. ^[1]
• AI in the cybersecurity market is growing at a CAGR of 23.6% and is expected to reach $46.3 billion by 2027. ^[1]
• The cost of cybercrime is predicted to hit $8 trillion in 2023 and grow to $10.5 trillion by 2025. ^[1]
• At least one open source vulnerability was found in 84% of codebases. ^[2]
• Open source code makes up 73% of the total code in aerospace, aviation, automotive, transportation, and logistics sectors. ^[2]
• 91% of codebases with risk assessments contained outdated versions of open-source components. ^[2]
• A ransomware gang used a zero-day flaw to steal data on 1 million hospital patients. ^[2]
• Community Health Systems confirmed hackers accessed personal and protected health information of up to 1 million patients. ^[2]
• The highest rate of mobile phishing in history was observed in 2022, with half of mobile phone owners exposed to phishing attacks every quarter. ^[2]
• Non-email-based phishing attacks like vishing, smishing, and quishing increased sevenfold in Q2 2022. ^[2]
• The annual financial impact of mobile phishing to an organization of 5000 employees is nearly $4 million. ^[2]
• Microsoft was the most impersonated brand in phishing attacks, with more than 30 million messages using its branding. ^[2]
• In 2022, 76% of organizations were targeted by ransomware attacks, and 64% were infected. ^[2]
• Only 50% of organizations managed to retrieve their data after paying the ransom. ^[2]
• Business email compromise (BEC) involved fake CEO emails in 78% of cases, with a 64% increase from Q3 to Q4 2022. ^[2]
• Consumers reported losing nearly $8.8 billion to fraud in 2022, a 30% increase from the previous year. ^[2]
• There were over 1.1 million reports of identity theft in 2022. ^[2]
• The cybersecurity market size is estimated at USD 182.84 billion in 2024 and expected to reach USD 314.28 billion by 2029. ^[3]
• Cybercrimes cost the world almost USD 600 billion yearly, equivalent to 0.8% of global GDP. ^[3]
• AI and Machine Learning are set to play a more critical role in cybersecurity in 2024, providing real-time threat analysis. ^[4]
• The Internet of Things (IoT) continues its exponential growth, with a focus on enhancing IoT security in 2024. ^[4]
• The rise of quantum computing is influencing the cybersecurity landscape, necessitating rapid evolution to harness benefits and mitigate risks. ^[4]
• Phishing attacks are evolving in sophistication and effectiveness in 2024. ^[4]
• The concept of Zero Trust security is gaining momentum, focusing on continuous verification and minimal access rights. ^[4]
• The cybersecurity skills gap remains a significant challenge, with educational and training initiatives playing a crucial role in 2024. ^[4]
• Blockchain technology is increasingly recognized for its potential to enhance cybersecurity measures. ^[4]
• Cybersecurity insurance has become a mainstream component of business risk management strategies in 2024. ^[4]

Penetration Testing Software & Tools

• Pen Testing extends DAST by using various testing tools and in-depth manual tests focusing on business logic to find vulnerabilities outside a canned list of attacks (e.g., OWASP Top 10). ^[2]
• Penetration testing is recommended for organizations seeking ISO 27001 and GDPR compliance. ^[5]
• The OWASP Top 10 is a list of the most critical vulnerabilities in web applications. ^[9]
• Common penetration testing guidelines include OWASP’s application security testing guidelines, the Penetration Testing Execution Standard (PTES), and the National Institute of Standards and Technology (NIST) SP 800-115. ^[9]
• Nmap is a penetration testing tool featured in movies like The Matrix Reloaded and Oceans 8. ^[7]
• White box tests can take two to three weeks to complete and cost between $4,000 and $20,000. ^[8]
• Pen testers often start by searching for vulnerabilities listed in the OWASP Top 10. ^[9]
• Penetration testing identifies an average of 17.9 vulnerabilities per test. ^[14]
• Organizations with a mature approach to cybersecurity, including regular penetration testing, experience data breach costs that are $1.23 million lower on average. ^[14]
• For every dollar spent on penetration testing, organizations save an estimated $3.30 by preventing data breaches. ^[14]
• The global penetration testing market size was valued at USD 2.20 billion in 2023 and is projected to grow to USD 6.35 billion by 2032. ^[15]
• Penetration testing helps meet compliance requirements for audits like PCI DSS and SOC 2. ^[16]
• SOC 2 certification involves an audit to verify that a company meets stringent security and privacy controls, including penetration testing and vulnerability management. ^[16]
• The security testing market size was valued at US$ 10.94 billion by 2023 and is expected to reach US$ 38.50 billion by 2030, growing at a CAGR of 19.7%. ^[17]
• In 2023, the United States had the highest cost of a data breach at $5.09 million. ^[10]
• The global average cost of a data breach in 2023 was $4.45 million, a 15% increase over three years. ^[10]
• Cyber insurance premiums in the US surged 50% in 2022, reaching $7.2 billion. ^[10]
• When remote work is a factor, the average cost per breach is $173,074 higher. ^[10]
• Lockbit 3.0, Clop, ALPHV/BlackCat, and Paly and Royal ransomware groups represented 57% of detected cyberattacks in 2023. ^[10]
• Nearly half of companies now have a policy to pay ransoms associated with cybersecurity threats. ^[10]
• Only 8% of businesses that pay ransom to hackers receive all of their data in return. ^[10]
• Ransomware costs are projected to reach around $265 billion annually by 2031. ^[10]
• The global cybersecurity market share is projected to be worth $660.67 billion by 2030, growing at a CAGR of 15.9%. ^[6]
• The Cybersecurity Market size is expected to be worth around USD 533.9 billion by 2032 from USD 193 Billion in 2023, growing at a CAGR of 11%. ^[12]
• The security testing market size is projected to grow from $2.45 billion in 2024 to $6.35 billion by 2032, at a CAGR of 12.6%. ^[15]

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Cybercrime & Data Breaches

• Cybercrime is predicted to cost the world $9.5 trillion in 2024. ^[10]
• Global cybercrime damage costs are expected to grow by 15% per year, reaching $10.5 trillion annually by 2025. ^[10]
• The average healthcare data breach cost nearly $11 million in early 2023, an 8% jump from the previous year. ^[10]
• In the U.S., 88 million people have been affected by data breaches of their personal health information, a 60% increase in 2023. ^[10]
• Of the 40 million healthcare records exposed in the first half of 2023, nearly 50% were due to attacks aimed at third-party business associates. ^[10]
• The manufacturing sector was the most targeted, representing 20% of all cyber extortion campaigns globally. ^[10]
• The average cost of recovering from a ransomware attack in 2023 was $1.82 million, excluding ransom payment. ^[10]
• Phishing continues to be the most common email attack method, accounting for 39.6% of all email threats. ^[10]
• Spear phishing attachments were used in 62% of phishing attacks, while links were used in 33%. ^[10]
• Business Email Compromise (BEC) accounted for 6% of incidents, with spear phishing links used in half of these cases. ^[10]
• In 2023, ransomware constituted 17% of security incidents, showing a decrease from 21% in 2021. ^[10]
• The number of thread hijacking attempts doubled in 2022 compared to 2021. ^[10]
• Extortion was noted as the primary impact in 27% of cyberattacks, with manufacturing being the most affected industry. ^[10]
• Data theft was a factor in 19% of all incidents, highlighting rising concerns about information security. ^[10]
• The Asia-Pacific region was the most targeted by cyberattacks, representing 31% of all reported incidents. ^[10]
• Europe experienced 85% of all hacktivist attacks seen in 2023, followed by North America (7%). ^[10]
• Cryptocurrency payments to ransomware attackers reached $449.1 million in the first half of 2023. ^[10]
• Smaller organizations have the highest targeted malicious email rate at 1 in 323. ^[10]
• There are over 2,200 attacks each day, breaking down to nearly 1 cyberattack every 39 seconds. ^[10]
• Nearly 95% of all digital breaches come from human error. ^[10]
• The average time to identify and contain a security breach was 280 days in 2020. ^[19]
• The 2022-2023 World Quality Report recommends leveraging automation of data provisioning and the growth in synthetic data generation. ^[18]

Compliance & Regulatory

• The GDPR imposed record fines exceeding 1.6 billion in 2023, more than the total fines imposed in 2019, 2020, and 2021 combined. ^[10]
• Meta was fined $1.3 billion for GDPR violations in 2023. ^[10]
• TikTok was fined $370 million for breaching several GDPR rules in 2023. ^[10]
• HIPAA requires healthcare providers to regularly test data security or face fines ranging from $100 to $50,000 per record compromised. ^[16]
• The ISO 27001 standard details a specific course of action for organizations to secure their assets, including penetration testing. ^[16]
• SOC 2 certification involves an audit by a third party to verify a company meets stringent security and privacy controls. ^[16]

Emerging Technologies & Future Trends

• The COVID-19 pandemic accelerated the growth of cybercriminal activities in private and government enterprises. ^[3]
• Spending on information security and risk management products and services is expected to grow by 14.3% in 2024, reaching more than $215 billion. ^[10]
• 85% of cybersecurity professionals attribute the rise in cyberattacks to bad actors using generative AI. ^[10]
• Concerns about AI in cybersecurity include increased privacy concerns (39%) and undetectable phishing attacks (37%). ^[10]
• The influence of geopolitical tensions is evident through supply chain, physical infrastructure, and external network vulnerabilities. ^[10]
• By 2025, nearly half of cybersecurity leaders will change jobs, with 25% following different career paths due to work-related stressors. ^[23]
• The number of unfilled cybersecurity jobs grew by 350%, from one million positions in 2013 to 3.5 million in 2021. ^[23]
• The global advanced persistent threat (APT) protection market size was over $4.3 billion in 2019 and is projected to reach $20 billion by 2027. ^[21]

Training & Skill Development

• In 2024, the cybersecurity sector continues to grapple with the skills gap, with educational and training initiatives playing a crucial role. ^[4]
• From SOC Analyst to Secure Coder to Security Manager, there are 12 free training plans available to help meet cybersecurity goals. ^[7]
• The average salary for a US penetration tester is around $90,273 per year, with experienced penetration testers earning up to $120,953. ^[23]
• By 2025, over 50% of the revenue of major consultancies will be derived from service delivery leveraging automation and AI. ^[21]

Market Growth & Projections

• The global penetration testing market size is projected to grow from $2.45 billion in 2024 to $6.35 billion by 2032, at a CAGR of 12.6%. ^[15]
• The global cybersecurity market size is projected to grow from $172.32 billion in 2023 to $424.97 billion by 2030, at a CAGR of 13.8%. ^[25]
• The security testing market size is projected to grow at a CAGR of 11.5% from 2022 to 2032. ^[24]
• According to Fortune Business Insights, the global cyber security market size is expected to reach USD 424.97 billion by 2030. ^[25]
• The global advanced persistent threat (APT) protection market size is expected to reach $20 billion by 2027. ^[21]
• The cybersecurity market in the United States was valued at USD 73.41 billion in 2023 and is expected to reach USD 108.31 billion by 2028. ^[20]
• The cybersecurity services market size in the United Kingdom was valued at USD 14.24 billion in 2023. ^[20]
• The cybersecurity market in Germany is anticipated to reach USD 17.54 billion by 2028, registering a CAGR of 11.36%. ^[20]
• The cybersecurity market revenue in China was valued at USD 15.58 billion in 2023. ^[20]

Incident Statistics

• The highest rate of mobile phishing in history was observed in 2022, with half of mobile phone owners exposed to phishing attacks every quarter. ^[2]
• The first half of 2023 saw ransomware extortion totaling $176 million more than in 2022. ^[10]
• 81% of organizations surveyed faced ransomware attacks in 2023, and 48% paid the ransom. ^[10]
• Ransomware affected 56% of organizations with revenues between $10-50 million and 72% of companies with revenues over $5 billion. ^[10]
• In 2023, 66% of organizations reported being targeted by ransomware, with the average ransom payout rising from $812,380 in 2022 to $1,542,333. ^[10]
• 45% of experts say cyber incidents are the most feared cause of business interruption. ^[10]
• The number of thread hijacking attempts doubled in 2022 compared to 2021. ^[10]
• 44% of business leaders emphasize the importance of CISOs in translating technical aspects of cybersecurity to CEOs and Boards. ^[10]
• In the U.S., 88 million people have been affected by data breaches of their personal health information, an increase of 60% in 2023. ^[10]
• Of the 40 million healthcare records exposed in the first half of 2023, nearly 50% were exposed due to attacks aimed at third-party business associates. ^[10]
• The construction industry was most impacted by ransomware in 2023. ^[10]
• In healthcare-related cyber incidents, reconnaissance activities represented 50% of all observed cases. ^[10]
• In North America, the energy sector accounts for 20% of cyberattacks. ^[10]

Tools & Technology

• Nmap is a penetration testing tool featured in movies like The Matrix Reloaded and Oceans 8. ^[7]
• Burp Suite Community Edition is free, while the Professional subscription starts at $449 for one user. ^[13]
• Hashcat can crack over 300 different hash types using dictionary, brute-force, and hybrid attacks. ^[2]
• The OWASP Top 10 contains a list of common web application security risks. ^[11]
• John the Ripper is a free password cracking tool supporting 15 operating systems, including Unix, DOS, Win32, BeOS, and OpenVMS. ^[22]
• Nikto is an open-source web server scanner performing comprehensive tests against web servers for multiple items. ^[27]

Emerging Threats & Solutions

• AI and Machine Learning are set to play a more critical role in cybersecurity in 2024, providing real-time threat analysis. ^[4]
• The rise of quantum computing is influencing the cybersecurity landscape, necessitating rapid evolution to harness benefits and mitigate risks. ^[4]
• Blockchain technology is increasingly recognized for its potential to enhance cybersecurity measures. ^[4]
• The zero trust security model is gaining momentum, focusing on continuous verification and minimal access rights. ^[4]
• Spending on information security and risk management products and services is expected to grow by 14.3% in 2024, reaching more than $215 billion. ^[10]
• Organizations with a fully deployed Zero Trust system saved $1.76 million per breach. ^[21]

Industry-specific Insights

• The average healthcare data breach cost nearly $11 million in early 2023, an 8% jump from the previous year. ^[10]
• Healthcare continues to experience the highest data breach costs, increasing from USD 10.10 million in 2022 to USD 10.93 million in 2023. ^[26]
• The construction industry was most impacted by ransomware in 2023. ^[10]
• Ransomware affected 56% of organizations with revenues between $10-50 million and 72% of companies with revenues over $5 billion. ^[10]
• The Asia-Pacific region was the most targeted by cyberattacks, representing 31% of all reported incidents. ^[10]

Compliance & Regulatory

• The GDPR imposed record fines exceeding 1.6 billion in 2023, more than the total fines imposed in 2019, 2020, and 2021 combined. ^[10]
• Meta was fined $1.3 billion for GDPR violations in 2023. ^[10]
• TikTok was fined $370 million for breaching several GDPR rules in 2023. ^[10]
• HIPAA requires healthcare providers to regularly test data security or face fines ranging from $100 to $50,000 per record compromised. ^[16]
• The ISO 27001 standard details a specific course of action for organizations to secure their assets, including penetration testing. ^[16]
• SOC 2 certification involves an audit by a third party to verify a company meets stringent security and privacy controls. ^[16]

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