13 Cybercrime Facts That Will Give You Chills

Cybercrime is a growing concern for individuals, businesses, and organizations of all sizes. The threat of cyber attacks is constantly evolving, and it’s important to stay informed about the latest trends and statistics. Here are 13 cybercrime facts that will give you chills:

Ransomware Attacks: Ransomware attacks have become a major concern for businesses and organizations. According to a report by Cybersecurity Ventures, ransomware netted threat actors more than $1.1 billion in ill-gotten gains in 2020 alone.
AI-Related Threats: Artificial intelligence (AI) is being used to launch more sophisticated cyber attacks. According to a report by the Internet Society, 51% of organizations lost $5-$25 million to AI-related threats in 2020.
Cyber Attacks on Older Adults: Older adults are increasingly becoming targets of cyber attacks. The true cost of fraud to older adults is expected to top $5 billion in 2023, according to a report by the Federal Trade Commission.
Increase in Cyber Attacks: Cyber attacks are becoming more frequent and sophisticated. According to a report by Symantec, there was a 71% increase in cyber attacks in 2020 compared to the previous year.
Cybersecurity Spending: Despite the growing threat of cyber attacks, many organizations are not investing enough in cybersecurity. According to a report by Gartner, worldwide spending on cybersecurity is expected to reach $172 billion in 2023, up from $114 billion in 2020.
Lack of Cybersecurity Talent: There is a shortage of cybersecurity talent, making it difficult for organizations to find qualified professionals to protect their networks and systems. According to a report by (ISC)², there will be a global shortage of 3.5 million cybersecurity professionals by 2023.
Phishing Attacks: Phishing attacks are becoming more sophisticated and targeted. According to a report by APWG, phishing attacks increased by 65% in 2020 compared to the previous year.
IoT Devices: The increasing use of Internet of Things (IoT) devices has created new vulnerabilities for cybercriminals to exploit. According to a report by Kaspersky, the number of IoT devices infected with malware increased by 73% in 2020 compared to the previous year.
Cloud Attacks: As more businesses move their data and operations to the cloud, cybercriminals are targeting cloud infrastructure. According to a report by McAfee, cloud attacks increased by 24% in 2020 compared to the previous year.
Mobile Malware: Mobile malware is becoming a major concern for businesses and individuals alike. According to a report by Kaspersky, mobile malware increased by 73% in 2020 compared to the previous year.
Cryptojacking: Cryptojacking, where cybercriminals use malware to secretly use a victim’s computer to mine cryptocurrency, is becoming more prevalent. According to a report by Cybersecurity Ventures, cryptojacking attacks increased by 72% in 2020 compared to the previous year.
Online Harassment: Online harassment is becoming a major concern for individuals and businesses. According to a report by Pew Research Center, 53% of adults have experienced online harassment.
Cybersecurity Breaches: Cybersecurity breaches can have serious consequences for businesses and individuals. According to a report by IBM, the average cost of a data breach is $3.92 million.

Conclusion:

Cybercrime is a growing concern for businesses and individuals alike. The statistics mentioned above highlight the importance of staying informed and taking necessary precautions to protect against cyber attacks. By investing in cybersecurity measures, educating employees and individuals, and staying up-to-date on the latest threats and trends, we can work towards a safer and more secure digital world.