Validity Statistics

Key Takeaways

1. 1The global public cloud services market is forecast to reach $675.6 billion in 2026, indicating market growth trajectory
2. 2In 2024, the global managed security services market is forecast to reach $74.4 billion (2024), indicating continued expansion of outsourced security.
3. 3The global cybersecurity insurance market reached $11.0 billion in 2023 (2023), reflecting market growth for cyber risk transfer.
4. 4In 2024, 64% of surveyed organizations use multi-factor authentication (MFA) for remote access (2024), indicating authentication hardening.
5. 535% of adults in the EU used e-commerce in 2023, indicating online shopping adoption rates
6. 660.1% of U.S. organizations report using public cloud services (2023), indicating broad cloud utilization.
7. 760% of organizations are still using or planning to use legacy systems (2024), highlighting ongoing modernization pressure
8. 887% of organizations believe their AI systems are at risk of bias (2024), indicating governance concerns
9. 928% of organizations reported using public cloud as the primary deployment model for production applications (2024), indicating cloud dominance
10. 1050% of cybersecurity professionals say their organization’s security budget has increased in the last 12 months (2024), suggesting continued investment momentum.
11. 11In 2024, 49% of organizations reported that their security team is understaffed (2024), indicating workforce constraint.
12. 12In 2023, the IC3 reported $12.5 billion in adjusted losses from internet crime, quantifying total harm.
13. 13The median time to contain a data breach was 77 days (2023), quantifying response latency
14. 14In 2023, Microsoft observed that 78% of organizations had at least one malicious email that bypassed security controls (2023), indicating ongoing email threat effectiveness.
15. 153.1% of U.S. adults reported paying a ransom due to ransomware in 2023, indicating real-world ransom behavior

Security spending and cloud use are rising, but breaches still linger, with reactive testing and understaffing pressures.