Twelve Significant Security Stats of 2016

A new year; 2017 is here! We’ve had an abundance of blessings last year (a few days ago), helped by our supporters, partners, and customers. And we were happy to have the opportunity to meet everyone at RSA, Black Hat, the Gartner conferences, and other events. This year, our new year resolutions are to continue to nurture our current relationships and to forge new ones – especially with those who are looking to secure their apps and who want to avoid being another cyberattack statistic.

Speaking of statistics…in case you missed our #12hacksofChristmas, we’ve got them here. After some long, hard hours of research, we’ve compiled a list of the top 12 security stats that might sound off warning bells and bring out the security side in you. And without further ado:

Hack #1: Mobile app hacks and breaches will reach $1.5 billion by 2021.

Hack #2: Mobile phone sales will reach 2.1 billion units by 2019; that’s a lot of phone apps that can be hacked.

Hack #3: $34 million is spent annually on mobile app development; only $2 million is spent on security.

Hack #4: Mobile security includes physical threats, network threats, malware and vulnerabilities.

Hack #5: There will be an estimated 26 percent probability of a data breach involving 10,000 records or more by mid-2018.

Hack #6: The average data breach organizational cost in 2016 was over $7 million in the U.S.

Hack #7: Over the last four years, there has been a 188 percent increase in the number of Android vulnerabilities.

Hack #8: Over the last four years, there has been a 262 percent increase in the number of iOS vulnerabilities.

Hack #9: Recently, Android malware has become more stealth.

Hack #10: An estimated 1.6 zettabytes of censored #IoT data in 2020 will create easy targets for cybercriminals.

Hack #11: Electronic locks, thermostats, ovens, sprinklers and motion sensors by remote control has created new vulnerabilities in #IoT.

Hack #12: 57 percent of non mobile banking users say mobile banking is unsafe.

Not quite satisfied with these teasers and curious for the full scoop on the mobile market, the Four Horsemen of mobile security, and steps developers can take to secure apps? Click here to download the full 2016 State of Mobile Security Report.

Thanks again for being a part of our crusade against cybercrime.

Until next time,

The whiteCryption Team