In 35.7% of data breach cases prior to 2019, the company’s own IT team or outsourced service providers detected the attack.

The average duration business operations were affected by ransomware in other industries was 44 days.

For data breach cases where the attacker was detected by a third-party, it took an average of 136 days to notice the attacker prior 2019.

Between 2019 and 2023, financial services experienced large losses primarily from data breaches (40.9%) and ransomware (40.9%), followed by other causes (18.2%).

Between 2019 and 2023, technology experienced large losses primarily from other causes (38.0%), followed by ransomware (32.0%) and data breaches (30.0%).