About Cybersecurity

About Cybersecurity

There are over 2,000 cybersecurity hacks happening every single day.

As the business landscape continues to digitalize, the possibilities for cybercrime and hacking have increased exponentially. Data breaches and hacks can cause irreparable damage to companies - both big and small. How do businesses protect their information while attacks are happening every single day? The answer is Cybersecurity Management.

About Cybersecurity

  • What is cybersecurity?

    Cybersecurity is the protection of networks, data, programs and devices from unauthorized access and cyberattacks. Cybersecurity Management professionals aim to preserve the integrity and confidentiality of a users’ information through a constantly evolving set of techniques, training, best practices and technological skill.

  • Why is cybersecurity important?

    If you are currently operating a device - such as a phone, tablet or computer - you are vulnerable to hackers and cybercriminals. Devices carry your personal information, email addresses, home addresses, contact information, social media accounts and a wide variety of other personal assets. If you haven’t taken precautions to protect your data, you are already susceptible to an attack.

    Data breaches are happening to some of the largest brands and organizations in the world. 62% of business experience social engineering or phishing attacks, 64% of businesses experience web attacks and 43% of small businesses experience cyber attacks.

    In today’s digital era, everyone is affected by cybercrime.

  • What can cybersecurity prevent?

    The most common types of cyberthreats include:

    • Phishing
    • Malware
    • Ransomware
    • Social engineering

    Cybersecurity professionals use tactics and tools to protect against both common and uncommon threats and mitigate the chance of an attack. They prevent data breaches and attacks while constantly adapting to new threats and cybercrime trends.

  • What are the challenges of cybersecurity?

    Cybersecurity is continually challenged by hackers, data loss, privacy, risk management and changing cybersecurity strategies. Nothing currently indicates that cyberattacks will decrease. Moreover, with an increased number of entry points for attacks, more strategies for securing digital assets are needed to protect networks and devices.

    One of the most problematic elements of cybersecurity is the continually evolving nature of security risks. As new technologies emerge and existing technology is used in new or different ways, new avenues of attack are developed as well. Keeping up with these continual changes and advances in attacks and updating practices to protect against them can be challenging to organizations. This also includes ensuring that all the elements of cybersecurity are continually changed and updated to protect against potential vulnerabilities. This can be especially challenging for smaller organizations.

  • What careers are available in cybersecurity?

    There are many opportunities for workers to start and advance their careers within cybersecurity.

    View more career opportunities in Cybersecurity Management on our Careers in Cybersecurity page.

  • What education is available in cybersecurity?

    The UCCS College of Business has two business degrees with an emphasis in cybersecurity management:

    • Bachelor's of Science in Business
    • Masters of Business Administration

    We also create custom executive education opportunities for businesses, taught by our expert College of Business faculty. 

    For more information on these programs, please visit our Cybersecurity Degrees page. 

 

Cyber Attacks

2,244

Hacker Attacks/Day

39 Seconds

Frequency of Hacker Attacks

13.3 Seconds

Business Falls Victim to Ransomware

Global Cybercrime by the Numbers

  1. $1.5 Trillion

    Cost of cybercrime globally (in 2018)

  2. $6 Trillion

    Cost of cybercrime globally (in 2021)

  3. $8 Billion

    Ransomware payments (in 2018)

  4. $3

    Cost to acquire social security information, date of birth or residential address

  5. 11%

    Cybercrime money in banks

  6. 69%

    Cybercrime money in real estate

  7. $200 Billion

    Laundered cybercrime money in circulation

  8. 95%

    Ransomware profits cashed via bitcoin

  9. $1 Billion

    Annual profits for large cybercrime operations

  10. $500,000

    Annual earnings of cybercriminal trafficking in stolen data

  11. $30,000

    Earnings per hacking job

  12. $2 Million

    Earnings of cybercrime specific platform managers

 

Cyber Spending

$1 Trillion

Global Cybersecurity Spending

$10 Billion

Global Spending on Security Awareness Training

$1,178

Average Cybersecurity Spending/Employee

Cybersecurity Workforce

  1. 3.5 Million

    Unfilled cybersecurity jobs globally (by 2021)

  2. 0%

    Cybersecurity unemployment rate

  3. 313,735

    Unfilled cybersecurity jobs in US (2019)

  4. 36.5%

    Cybersecurity job growth rate (through 2022)

  5. 25%

    Cybersecurity workforce shortage across all organizations (2018)

  6. 12x

    Growth in demand as compared to other non-IT jobs