Cybersecurity, Digital ID & Online Fraud Industry Market Research

Competitive Intelligence, Business Analysis, Forecasts, Market Size, Trends, Companies, Statistics

Available Data Services: Custom Research Projects, Database Subsription or PDF eBooks

Cybersecurity, Digital ID & Online Fraud OVERVIEW

Cybersecurity software giant McAfee estimated the global cost of cybercrime to the economy (on a broad basis, including system downtime, reduced efficiency and brand/reputation damage, plus money invested by enterprises and individuals to deter such crimes) at $1+ trillion for 2020, up more than 50% from 2018. Analysts at Gartner estimated the global market for information security and risk management at $133 billion for 2022 and $150 billion for 2021, posting 12.4% growth during this period. One mid-2021 estimate by the U.S. Department of Commerce was that 500,000 unfilled cybersecurity jobs existed in the U.S. alone. Plunkett Research estimates spending on cybersecurity throughout the U.S. economy at $60+ billion for 2022, on a broad basis, including U.S. Government spending on cybersecurity during fiscal 2022, at $22+ billion. (In addition to U.S. federal initiatives focused specifically on cybersecurity, there are 18 separate federal organizations involved in intelligence—virtually all of which have an interest in cybersecurity, including the FBI and several units within the Defense Department.) As large as they may be, these numbers fail to emphasize the need by national, state and local governments to improve cybersecurity, especially in the United States, where myriad hacks of files containing sensitive information on U.S. government workers, defense systems, classified scientific and defense research files and other systems show how vulnerable the U.S. is to bad actors based overseas. (Cybercriminals exist everywhere, including in North America and the EU, but the most difficult to deter are thought by some analysts to be in Asia--particularly Africa, North Korea, China, Iran and Russia.) Major cyberattacks have included the theft of 21 million records of employees (who had high levels of security clearance) from the U.S. Office of Personnel Management—attributed by some security analysts to hackers in China; criminal access to important U.S. nuclear laboratories, government offices and networks of top corporations—attributed by some analysts to hackers located in Russia; an alleged 2019 hack of more than 1 billion pieces of consumer data from the servers of Alibaba; an alleged 2021 hack of data on 700 million users of business-social media site LinkedIn; many instances of major hacks of credit card holders’ data files; and the infamous hack of roughly 143 million files containing vital personal data on U.S. consumers held by credit bureau Equifax. Likewise, the immense losses to fraud by COVID-related support and aid programs in the U.S., such as PPP loans and unemployment benefits (these COVID-era frauds may have totaled as much as $300 billion—no one really knows), highlight the need for much greater attention to security for government systems. The U.S. Government does operate a Cyber and Infrastructure Security Agency (CISA), and its budget has been growing. Also, the government is beginning to focus on advanced techniques, including multi-factor authentication for government account and network logins, “zero trust” policies to govern networks, systems and devices, as well as the need to develop responses to the likely capabilities of advanced quantum computers in the future. However, governments tend to move slowly, and it remains to be seen what policies and investments will actually take place over the long term.

PLUNKETT PROVIDES IN-DEPTH STATISTICS TABLES COVERING THE FOLLOWING INDUSTRY TOPICS:

Top Companies Profiled

The following is a partial listing for this industry. As a subscriber, you will have access to the leading companies and top growth companies. This includes publicly-held, private, subsidiary and joint venture companies, on a global basis as well as in the U.S.

PLUNKETT PROVIDES UNIQUE ANALYSIS OF THE FOLLOWING TRENDS THAT ARE DRIVING THIS INDUSTRY:

Key Findings:

  • Plunkett Research analyzes the top trends changing the industry, and provides in-depth industry statistics. In addition, this publication profiles the top 150 companies in the Cybersecurity, Digital ID & Online Fraud Industry.

Available Formats:

  • Printed Almanac: ISBN 978-1-62831-631-5 (Available)
  • E-book: ISBN 978-1-62831-956-9 (Available)
  • Plunkett Research Online (Subscribers)

Key Features Include:

  • Industry trends analysis, market data and competitive intelligence
  • Market forecasts and Industry Statistics
  • Industry Associations and Professional Societies List
  • In-Depth Profiles of hundreds of leading companies
  • Industry Glossary

Pages: 240

Statistical Tables Provided: 7

Companies Profiled: 147

Geographic Focus: Global

Price: $379.99

Key Questions Answered Include:

  • How is the industry evolving?
  • How is the industry being shaped by new technologies?
  • How is demand growing in emerging markets and mature economies?
  • What is the size of the market now and in the future?
  • What are the financial results of the leading companies?
  • What are the names and titles of top executives?
  • What are the top companies and what are their revenues?

This feature-rich book covers competitive intelligence, market research and business analysis—everything you need to know about the Cybersecurity, Digital ID & Online Fraud business including:

  1. Introduction to the Cybersecurity, Digital ID & Online Fraud Industry
  2. The Coronavirus’ Effect on the Cybersecurity and Digital ID Industry
  3. Digital ID and Online Authentication Fraud Soars/Sophisticated Technologies and Databases Respond
  4. Why You Should Never Reuse Passwords/The Dark Web and Credential Stuffing
  5. Online Fraud/Payments Fraud Adapt and Evolve Continuously
  6. Network Anti-Fraud Technologies Advance, Including use of Artificial Intelligence, Machine learning
  7. Online Fraud Often Begins with New Account Setup or Account Takeover
  8. Voice, Face & Image Recognition Change the Wireless World, Enhanced Through Artificial Intelligence (AI)
  9. Smart Cities Utilize Sensors and Artificial Intelligence (AI)/Create Privacy and Security Issues
  10. The Internet of Things (IoT) and M2M to Boom, Enhanced by Artificial Intelligence (AI)/Open New Avenues for Hacking
  11. Artificial Intelligence (AI), Deep Learning and Machine Learning Advance into Commercial Applications, Including Health Care and Robotics
  12. Peer-to-Peer (P2P) Payment Systems, such as Zelle and Venmo, Soar in Popularity/Require Rigorous ID Verification
  13. Growth Growth in Big Data Supported by Expansion of Cloud Computing and Predictive Analytics
  14. The Future: Pervasive Computing and Complete Mobility Will Be Standard

Cybersecurity, Digital ID & Online Fraud Industry Statistics

  1. Cybersecurity, Digital ID, & Online Fraud Overview
  2. Cyber Crimes Types and Victims Affected, U.S.
  3. Data Processing, Hosting, and Related Services Industry, U.S.: Estimated Revenue & Expenses: 2016-2021
  4. Data Processing, Hosting, and Related Services Industry, U.S.: Estimated Selected Expenses: 2014-2019
  5. Computer Systems Design and Related Services Industry, U.S.: Estimated Revenue & Expenses: 2014-2019
  6. Research Funding for Computer and Information Science Engineering, U.S. National Science Foundation: Fiscal Years 2020-2022
  7. Computer and Mathematical Occupation Related Employment by Occupation, U.S.: May 2021

Companies Mentioned Include:

  • Amazon.com Inc
  • Microsoft Corporation
  • International Business Machines Corporation (IBM)
  • Lockheed Martin Corporation
  • Cisco Systems Inc
  • Amazon Web Services Inc (AWS)
  • BAE Systems plc
  • Broadcom Inc
  • Experian plc
  • Juniper Networks Inc

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eBook or Book:

This industry onlyPublication date: May 2022
ISBN-13: 978-1-62831-956-9
ISBN-13: 978-1-62831-631-5