Tag: cybercrime costs
Social Engineering Crimes Cost Businesses $1.8 Billion Annually
Cybercriminals are exploiting human psychology to steal billions from businesses. Social engineering crimes cost companies $1.8 billion annually, with attacks growing more sophisticated and...
Cybercriminals Stole $6 Trillion Through Malware in 2022
Cybercriminals looted a staggering $6 trillion through malware in 2022 alone, a figure that underscores the relentless evolution of digital threats. This alarming statistic...
Ransomware Attacks Cost Businesses $20 Billion Annually
Ransomware attacks have evolved into a lucrative criminal industry, with businesses worldwide paying out a staggering $20 billion annually to unlock their own data....
Romance Scams Cost Victims Over $1 Billion Annually
Romance scams have become a pervasive and devastating form of cybercrime, costing victims over $1 billion annually in the United States alone. These scams...
Cybercrime Costs Global Economy $6 Trillion Annually
Cybercrime has become a formidable adversary to the global economy, siphoning a staggering $6 trillion annually. This digital menace, often overlooked, has evolved into...
Phishing Scams Cost Victims Over $50 Million Annually
Phishing scams have become a pervasive digital menace, siphoning over $50 million annually from unsuspecting victims. This cybercrime wave shows no signs of abating,...