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In this video, we're going to go over the cyber security current market, so we're going to go over

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essentially some facts and figures here so that you can get a better understanding as to what exactly

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is going on right now in the marketplace and how you can essentially take advantage and benefit from

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what is going on currently and the amount of potential that is out there for you as a cybersecurity

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professional, as an ethical hacker.

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And so let's go right ahead and jump in here.

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So one of the first things here is that a hacker attack happens every thirty nine seconds.

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Just imagine that every thirty nine seconds somebody is getting hacked somewhere.

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Somebody is out there getting somebodies information, somebody taking advantage of somebody, you know,

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cell phone, their network security.

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They're hacking some sort of device, whatever that may be.

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Right.

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A hacker attack happens every thirty nine seconds.

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So you can see just how much of a need there are for professional ethical hackers.

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And then since covid-19, FBI has reported over 300 percent increase in reported cyber crime.

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So this means that the cyber crimes have increased significantly.

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I mean, they've skyrocketed, right, because there's a lot of businesses out there that have shut

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down their doors or even shut down temporarily.

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And so all of these different things have played into the factors of their systems being more vulnerable

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and people, you know, losing jobs, people getting desperate.

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And so the increase in reported crimes has skyrocketed because of people, you know, wanting to take

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advantage of the situation as far as the unfortunate pandemic.

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So especially now the need is going to be increasing substantially for cybersecurity professionals because

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these are just going to be increasing even more and there's going to be a huge need for the ethical

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hackers.

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And so 43 percent of cyber attacks target small businesses.

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There's a lot of businesses out there that, you know, have cybersecurity plans.

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They have strategies.

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And a lot of times these businesses are the larger ones.

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Just think about Fortune 500.

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One hundred.

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Right.

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Those businesses that typically have several thousands of employees.

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Right.

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They have those budgets to be able to spend quite a bit on their security.

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And a lot of these smaller businesses just don't have the budgets or just really unaware of how to get

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started.

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And an example of this is I remember a buddy of mine had talked about that his significant other their

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company, you know, small business had actually been taken over through some kind of ransomware where

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they were taking over their entire system.

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They took over the entire system and they were requiring that in order for them to release the system,

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the network, that they had to pay some sort of fine, that they had to pay some sort of ransom in the

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thousands of dollars, I think it was in the tens of thousands.

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And so this happens quite often because a lot of these smaller businesses are not prepared.

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They don't think they can happen to them.

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And lo and behold, it happens to them.

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And then now they don't really know what to do.

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And then they go try to find an expert or go to develop a cybersecurity strategy after the fact.

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So it's important that, you know, a lot of these businesses actually start implementing a strategy

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and a plan before it's too late.

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And then 95 percent of breach records come from four different industries.

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These are the most popular here.

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So we have the government, we have retail, tech and financial.

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I mean, this is pretty self-explanatory here.

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Obviously, with the government.

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They're looking to get data.

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They're looking to get records retail.

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They're looking to get credit card information, payment information.

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Same thing with tech, right.

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They're looking to get, you know, intellectual property.

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And then with the financial obviously being able to get, you know, records and bank account and credit

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card information.

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And then approximately six trillion dollars is expected to be spent globally on cybersecurity by 2020.

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So just think about that for a moment.

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Six trillion dollars because of the fact of the increase in reported crimes through the covid-19 and

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just how much of the cybersecurity industry has grown and is continuing to grow, there is significant

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opportunity for individuals like yourself that are wanting to come in and get started within this industry.

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And so here are some additional facts.

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Unfilled cybersecurity jobs worldwide will reach an estimated four million, about twenty twenty one.

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Think about that.

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There's going to be so many jobs available and they're not going to be filled because there isn't going

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to be enough of actual supply to fill that demand.

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Right.

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There's not going to be as many cybersecurity professions.

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To fill those holes and then you are going to be one of those individuals, if you're looking to obviously

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take this career seriously and you're obviously here because you want to learn cybersecurity, you want

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to learn ethical hacking.

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So you're going to be one of those ones that is able to take advantage of this.

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And then the average cybersecurity engineering salary is one hundred and twenty thousand a year.

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I mean, this is a six figure income, right?

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This is fantastic for obviously yourself or your family for being able to be on the top 10 percent of

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earners in the country, whatever country you are here in the U.S. and this is definitely putting you

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in the top 10 percent of earners.

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So one hundred twenty K is not too bad.

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Right.

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And then more than 77 percent of businesses do not have a cybersecurity plan or strategy.

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Now, remember how I gave you the story of the ransomware where the company was overtaken by some hackers

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that wanted to get some ransom because they were looking to get paid and they wanted to only release

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that network.

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Right, that infrastructure after they got their ransom.

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And so this is hyper, critically important here for you to understand that most businesses do not have

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a plan in place, a strategy.

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And so it's going to be a huge opportunity to be able to have these if you want to go down into the

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consulting route, if you want to go into the freelancing route.

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Right.

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A lot of these businesses are going to start getting more educated and becoming more aware of the need

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and the importance of having the cybersecurity plan and strategy.

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And then the average time to identify a breach in 2009 was two hundred and six days.

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This is was this information was gathered through IBM.

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And so just think about this for a moment, right?

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You have somebody breaching your network, your information.

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Right.

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Whatever information you have as far as your I.T. infrastructure, 200 in six days.

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Right.

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Just under a year time passes.

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Right.

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Will go by before that individual I.T. department or the individual company is actually going to find

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out and know that something has gone wrong.

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So that's why a lot of these folks don't have the right type of strategy or plan in place or detection.

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Right.

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To be able to detect these types of intrusions and be able to stop these before these even begin.

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And then finally here, only five percent of company folders are properly protected on average.

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So just think about that.

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Also, five percent, very, very small percentage of actual company intellectual property, very important

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information.

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Right, of that individual company is actually properly protected.

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So that means that 95 percent of companies folders are actually open and are vulnerable to attacks.

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Right.

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And this is just as simple as being able to do the ransomware where, you know, a hacker can come in

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and take over, you know, a company's folder, very important documents.

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Right.

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Records, and be able to hold that information ransom for them to get paid in order to release it.

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Right.

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So these are the cybersecurity marketplace, worldwide facts.

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I want you to get an understanding of the potential kind of what these numbers are so that you can be

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prepared in your cybersecurity ethical hacking career.

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So that's going to be here for this one.

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And we'll see you on the next one.