Database security is an essential aspect of modern-day business operations, with the proliferation of data breaches and cyber-attacks. Securing databases is crucial to protect sensitive data and ensure the integrity and confidentiality of information.
In this post, we will explore database security statistics, facts, benefits, trends, adoption, market analysis, demographics, software, opportunities, challenges, FAQs, and more.
Key Database Security Statistics 2023 – MY Choice
- In 2020, the average cost of a data breach globally was $3.86 million, according to IBM’s Cost of a Data Breach Report.
- According to a survey by the Ponemon Institute, the cost of a data breach in the United States was $8.64 million on average in 2020.
- The healthcare industry has the highest cost of a data breach at $7.13 million, followed by the financial sector at $5.85 million, according to IBM’s Cost of a Data Breach Report.
- In 2020, the top three causes of data breaches were compromised credentials, cloud misconfigurations, and unpatched vulnerabilities, according to the Verizon Data Breach Investigations Report.
- The average time to identify a data breach in 2020 was 207 days, and the average time to contain it was 73 days, according to the IBM Cost of a Data Breach Report.
- According to a survey by Imperva, 46% of data breaches in 2020 involved databases.
- The most commonly targeted type of database is the SQL database, according to a report by Imperva.
- In 2020, the top three industries targeted by ransomware attacks were healthcare, manufacturing, and professional services, according to a report by Coveware.
- According to a survey by Varonis, 53% of companies have over 1,000 sensitive files open to every employee.
- Only 38% of companies have a data breach response plan in place, according to a survey by the Ponemon Institute.
Database Security Statistics
- In 2020, the global database security market size was estimated at $4.17 billion.
- The market is expected to grow at a compound annual growth rate (CAGR) of 15.3% from 2021 to 2028.
- 48% of data breaches in 2020 were caused by hacking.
- The average cost of a data breach is $3.86 million.
- Healthcare, financial, and government sectors are the most targeted industries for data breaches.
- 70% of organizations that suffer a data breach go out of business within a year.
- 55% of businesses are not confident in their ability to detect insider threats.
- 44% of organizations use encryption to secure their databases.
Table 1: Database Security Benefits Statistics
|Residents receiving SNAP benefits in New Mexico||19.8%|
|Residents receiving SNAP benefits in Wyoming||4.2%|
|States with 8% or less of population on SNAP benefits||11|
Table 2: Database Security Market Statistics
|Worldwide information security market forecast||$170.4 billion|
|Year of forecast||2023|
Table 3: Database Security Software Statistics
|Organizations that don’t believe threats can be blocked by anti||69%|
|Organizations that store billing addresses||54%|
|Organizations that regularly upgrade software solutions||38%|
|Organizations that monitor business credit reports||31%|
|Email delivery failure||15.3%|
|Email delivery failure notice||3%|
Table 4: Database Security Latest Statistics
|Percentage of malware delivered by email||92%|
|Increase in mobile malware variants in 2018||54%|
|Third party app stores host of mobile malware||99.9%|
|Percentage of mobile malware targeting Android||98%|
|Increase in MacOS malware in last year||165%|
|Decrease in malware development rate for Windows||11.6%|
|Malware preferred distribution model||71.14% malware; 28.86% PUAs|
|Most frequently used spambot||Gamut spambot|
|Percentage of servers hosting malware in America||36%|
|Percentage of servers hosting malware in undefined countries||24%|
|Trojans as percentage of all malware||51.45%|
|Number of new malware samples produced daily||230,000|
|Increase in overall business detections of malware||79%|
|Time for businesses hit with malware to regain access to data||34% of businesses took a week or more|
|Percentage of financial institutions targeted by malware in 2018||90%|
|Increase in ransomware attacks worldwide in 2018||350%|
|Estimated cost of ransomware attacks by 2021||$6 trillion|
|Percentage of security professionals who believe their organization is prepared to repel a ransomware attack||50%|
|Percentage of cyber security experts who predict more ransomware attacks in 2019||81%|
|Percentage of companies infected with ransomware running up to date protection software||75%|
|Estimated loss for FedEx from NotPetya ransomware attack in Q1 2017||$300 million|
|Percentage of business executives willing to pay $20,000 to $50,000 to regain access to encrypted data||25%|
|Percentage of organizations paying ransom that received all of their money back||30%|
|Percentage of ransomware victims that paid the ransom||40%|
Database Security Facts
- Database security involves protecting the confidentiality, integrity, and availability of data.
- The most common types of database security threats include SQL injection, cross-site scripting, and data leakage.
- Databases can be secured using a combination of physical, technical, and administrative controls.
- Database security is an ongoing process that requires regular monitoring and updating.
- Securing databases is not just about protecting data but also complying with industry regulations such as GDPR and HIPAA.
- Cloud-based databases can be more secure than on-premises databases if configured correctly.
- Database security is not just an IT issue but also a business issue that requires involvement from multiple stakeholders.
Database Security Benefits
- Securing databases helps prevent data breaches and protects sensitive data.
- Database security can enhance customer trust and loyalty.
- Proper database security can prevent financial losses due to data breaches.
- Secured databases can reduce the risk of reputational damage caused by data breaches.
- Properly secured databases can help organizations comply with industry regulations and avoid legal penalties.
Database Security Trends
- Multi-cloud adoption is on the rise, with 81% of organizations using two or more cloud providers.
- Artificial intelligence (AI) and machine learning (ML) are being used to enhance database security.
- The use of blockchain technology is increasing for database security.
- Zero trust security models are gaining popularity in database security.
- The adoption of container-based applications is increasing, which requires a new approach to database security.
Database Security Adoption
- 89% of organizations consider data security a top priority.
- 73% of organizations use firewalls to secure their databases.
- 61% of organizations have implemented access controls to secure their databases.
- 56% of organizations use antivirus software to secure their databases.
- 49% of organizations have implemented data encryption to secure their databases.
Database Security Market Analysis
- North America is the largest market for database security, followed by Europe and Asia-Pacific.
- The Asia-Pacific market for database security is expected to grow at the highest CAGR from 2021 to 2028.
- The database security market is highly fragmented, with numerous vendors offering different solutions.
- The key players in the database security market include IBM Corporation, Oracle Corporation, Fortinet Inc., and McAfee LLC.