August 25, 2020  |  Purdue University Global

Data breaches increased by 17% in 2019 over 2018, according to the Identity Theft Resource Center’s 2019 End-of-Year Data Breach Report. While the number of breaches in 2019 increased, the number of sensitive records exposed decreased; 2019 saw 164,683,455 sensitive records exposed, a 65% decrease from the 471,225,862 sensitive records exposed in 2018.

Demand for cybersecurity professionals continues to skyrocket. In 2016, the Bureau of Labor Statistics projected employment of information security analysts would grow 28% through 2026; in 2018, that number climbed to 32% through 2028, with the greatest rate of growth anticipated within the field of computer systems design and related services.

In this infographic, we explore the growing demand for cybersecurity professionals and the industry trends that drive such demand, including:

  • Business costs associated with data breaches
  • The industries at the most risk for falling victim to cybercriminals
  • The cybersecurity roles with the most employment potential
  • States with the most need for cybersecurity experts
  • The most in-demand certifications

Cybersecurity remains one of the most promising industries in which to pursue a career, especially as demand shows no sign of slowing. With businesses relying more and more on data to drive revenue and growth, cybersecurity experts will play an integral part in our economic future.


Cybersecurity by the Numbers Infographic

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Cybersecurity by the Numbers [Infographic] Content

The High Cost of Data Breaches

The cost of a data breach has risen 12% over the past 5 years.1

Average Cost of a Data Breach1

  • $3.92 million globally
  • $8.19 million in the United States (up from $7.91 million in 2018)

Cost per Lost Record

  • $150 globally
  • $242 in the United States

The number of reported data breaches rose 17% to 1,473 in 2019 from 1,257 in 2018.2

Annual Cost

The annual cost of global cybercrime damages is estimated to increase to $6 trillion by 2021.3

Data Breaches by Industry in 20192

  • 44%—Business
  • 36%—Medical and health care
  • 8%—Education
  • 7%—Banking/credit/financial
  • 6%—Government/military

Data Breach Causes in 20192

  • 39%—Hacking/intrusion (includes phishing, ransomware/malware, and skimming)
  • 37%—Unauthorized access
  • 11%—Employee error/negligence/improper disposal/lost
  • 6%—Accidental web/internet exposure
  • 4%—Physical theft
  • 2%—Insider theft
  • 2%—Data on the move*

* "Data on the move” is defined as those breaches that occur when a laptop or flash drive is stolen, backup tapes are lost in the mail, etc.

Demand for Cybersecurity Professionals

Today

Over 500,000 open cybersecurity jobs from October 2018 through September 20195

Top Roles

  • Cybersecurity engineer
  • Cybersecurity analyst
  • Network engineer/architect
  • Cybersecurity consultant
  • Cybersecurity manager/administrator
  • Systems engineer
  • Vulnerability analyst/penetration tester
  • Software developer/engineer
  • Cybersecurity specialist/technician

Tomorrow

From 2018 to 20286

  • Information security analyst careers expected to grow by 32%
  • Additional 35,500 information security analyst jobs in the U.S.

The Cybersecurity Skills Gap7

Management

Frequency this skill was listed in cybersecurity job postings: 66%

Frequency this skill was listed in online workforce profiles: 57%

Operations

Frequency this skill was listed in cybersecurity job postings: 44%

Frequency this skill was listed in online workforce profiles: 42%

Information Technology

Frequency this skill was listed in cybersecurity job postings: 39%

Frequency this skill was listed in online workforce profiles: 44%

Communications

Frequency this skill was listed in cybersecurity job postings: 32%

Frequency this skill was listed in online workforce profiles: 21%

Infrastructure

Frequency this skill was listed in cybersecurity job postings: 29%

Frequency this skill was listed in online workforce profiles: 26%

Most In-Demand Certifications5

  • Certified Information Systems Security Professional (CISSP)—114,431 job openings requesting certification
  • Certified Information Systems Auditor (CISA)—64,870 job openings requesting certification
  • Global Information Assurance Certification (GIAC)—48,338 job openings requesting certification

About the Author

Purdue University Global

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