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Digital Economy Compass 2022 Chapter 4: Cybersecurity: fighting the formidable foes of the internet

Market Insights report

Digital Economy Compass 2022 Chapter 4: Cybersecurity: fighting the formidable foes of the internet

Statista compiled the most relevant and recent data on Cybersecurity and its connection to general economic developments. Since holistic and accurate data is a critical factor for any decision-making, the Digital Economy Compass 2022 Chapter 4 presents the latest and most relevant data from both third-party sources and our own research & market analyses. The Digital Economy Compass is published every year by Statista and focuses on finding answers and new questions along the way with the most relevant and recent data out there. Several other chapters covering topics like the future of the Metaverse and Gaming will be released further on over the year.

Table of contents

Cybersecurity is becoming increasingly important as all companies, governments, and individuals depend on the Internet for communication and data storage. The digital transformation has made security a priority for organizations of every size. Companies in all industries face increasing cyberattacks due to their reliance on IT systems, which are vulnerable to malicious actions.
The COVID-19 crisis led to many organizations facing more cyberattacks. Contributing factors included the security weaknesses/gaps in remote work as well as the shift to virtualized IT environments, such as cloud computing infrastructures, data stores, and networks. Additionally, dramatic developments on a global scale, such as the Russia-Ukraine war, also continue to accelerate cybersecurity spending and the priorities of organizations. Besides, there are different types of cyberattacks, and each one requires a distinct approach to prevent damage to a company and its operations, revenues, and employees.

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