In this video, we're going to go over the cyber security current market, so we're going to go over
essentially some facts and figures here so that you can get a better understanding as to what exactly
is going on right now in the marketplace and how you can essentially take advantage and benefit from
what is going on currently and the amount of potential that is out there for you as a cybersecurity
professional, as an ethical hacker.
And so let's go right ahead and jump in here.
So one of the first things here is that a hacker attack happens every thirty nine seconds.
Just imagine that every thirty nine seconds somebody is getting hacked somewhere.
Somebody is out there getting somebodies information, somebody taking advantage of somebody, you know,
cell phone, their network security.
They're hacking some sort of device, whatever that may be.
Right.
A hacker attack happens every thirty nine seconds.
So you can see just how much of a need there are for professional ethical hackers.
And then since covid-19, FBI has reported over 300 percent increase in reported cyber crime.
So this means that the cyber crimes have increased significantly.
I mean, they've skyrocketed, right, because there's a lot of businesses out there that have shut
down their doors or even shut down temporarily.
And so all of these different things have played into the factors of their systems being more vulnerable
and people, you know, losing jobs, people getting desperate.
And so the increase in reported crimes has skyrocketed because of people, you know, wanting to take
advantage of the situation as far as the unfortunate pandemic.
So especially now the need is going to be increasing substantially for cybersecurity professionals because
these are just going to be increasing even more and there's going to be a huge need for the ethical
hackers.
And so 43 percent of cyber attacks target small businesses.
There's a lot of businesses out there that, you know, have cybersecurity plans.
They have strategies.
And a lot of times these businesses are the larger ones.
Just think about Fortune 500.
One hundred.
Right.
Those businesses that typically have several thousands of employees.
Right.
They have those budgets to be able to spend quite a bit on their security.
And a lot of these smaller businesses just don't have the budgets or just really unaware of how to get
started.
And an example of this is I remember a buddy of mine had talked about that his significant other their
company, you know, small business had actually been taken over through some kind of ransomware where
they were taking over their entire system.
They took over the entire system and they were requiring that in order for them to release the system,
the network, that they had to pay some sort of fine, that they had to pay some sort of ransom in the
thousands of dollars, I think it was in the tens of thousands.
And so this happens quite often because a lot of these smaller businesses are not prepared.
They don't think they can happen to them.
And lo and behold, it happens to them.
And then now they don't really know what to do.
And then they go try to find an expert or go to develop a cybersecurity strategy after the fact.
So it's important that, you know, a lot of these businesses actually start implementing a strategy
and a plan before it's too late.
And then 95 percent of breach records come from four different industries.
These are the most popular here.
So we have the government, we have retail, tech and financial.
I mean, this is pretty self-explanatory here.
Obviously, with the government.
They're looking to get data.
They're looking to get records retail.
They're looking to get credit card information, payment information.
Same thing with tech, right.
They're looking to get, you know, intellectual property.
And then with the financial obviously being able to get, you know, records and bank account and credit
card information.
And then approximately six trillion dollars is expected to be spent globally on cybersecurity by 2020.
So just think about that for a moment.
Six trillion dollars because of the fact of the increase in reported crimes through the covid-19 and
just how much of the cybersecurity industry has grown and is continuing to grow, there is significant
opportunity for individuals like yourself that are wanting to come in and get started within this industry.
And so here are some additional facts.
Unfilled cybersecurity jobs worldwide will reach an estimated four million, about twenty twenty one.
Think about that.
There's going to be so many jobs available and they're not going to be filled because there isn't going
to be enough of actual supply to fill that demand.
Right.
There's not going to be as many cybersecurity professions.
To fill those holes and then you are going to be one of those individuals, if you're looking to obviously
take this career seriously and you're obviously here because you want to learn cybersecurity, you want
to learn ethical hacking.
So you're going to be one of those ones that is able to take advantage of this.
And then the average cybersecurity engineering salary is one hundred and twenty thousand a year.
I mean, this is a six figure income, right?
This is fantastic for obviously yourself or your family for being able to be on the top 10 percent of
earners in the country, whatever country you are here in the U.S. and this is definitely putting you
in the top 10 percent of earners.
So one hundred twenty K is not too bad.
Right.
And then more than 77 percent of businesses do not have a cybersecurity plan or strategy.
Now, remember how I gave you the story of the ransomware where the company was overtaken by some hackers
that wanted to get some ransom because they were looking to get paid and they wanted to only release
that network.
Right, that infrastructure after they got their ransom.
And so this is hyper, critically important here for you to understand that most businesses do not have
a plan in place, a strategy.
And so it's going to be a huge opportunity to be able to have these if you want to go down into the
consulting route, if you want to go into the freelancing route.
Right.
A lot of these businesses are going to start getting more educated and becoming more aware of the need
and the importance of having the cybersecurity plan and strategy.
And then the average time to identify a breach in 2009 was two hundred and six days.
This is was this information was gathered through IBM.
And so just think about this for a moment, right?
You have somebody breaching your network, your information.
Right.
Whatever information you have as far as your I.T. infrastructure, 200 in six days.
Right.
Just under a year time passes.
Right.
Will go by before that individual I.T. department or the individual company is actually going to find
out and know that something has gone wrong.
So that's why a lot of these folks don't have the right type of strategy or plan in place or detection.
Right.
To be able to detect these types of intrusions and be able to stop these before these even begin.
And then finally here, only five percent of company folders are properly protected on average.
So just think about that.
Also, five percent, very, very small percentage of actual company intellectual property, very important
information.
Right, of that individual company is actually properly protected.
So that means that 95 percent of companies folders are actually open and are vulnerable to attacks.
Right.
And this is just as simple as being able to do the ransomware where, you know, a hacker can come in
and take over, you know, a company's folder, very important documents.
Right.
Records, and be able to hold that information ransom for them to get paid in order to release it.
Right.
So these are the cybersecurity marketplace, worldwide facts.
I want you to get an understanding of the potential kind of what these numbers are so that you can be
prepared in your cybersecurity ethical hacking career.
So that's going to be here for this one.
And we'll see you on the next one.