This article looks at the 5 Countries With Most Cyber Crime In The World. If you wish to check out our detailed discussion on the global cyber warfare industry, along with analysis of the biggest cybersecurity companies in America, you may go to 15 Countries With Most Cyber Crime In The World.
5. Australia
Number of Victims in 2022: 2,489
Cybercrime represents a significant security challenge in Australia, posing a serious threat to individuals and businesses alike. Chances are, either you or someone you know has encountered some form of cyber-attack, whether it be a phishing scam or a data breach compromising personal data. According to a recent report by the Australian Institute of Criminology, cybercrime is estimated to cost Australians between $3.1 to $3.5 billion annually. However, the actual financial toll is likely much higher, as many cyber incidents go unreported. In some instances, victims may not even realize they have fallen prey to cybercrime.
4. India
Number of Victims in 2022: 2,550
The crime rate per 100,000 population in cybercrime category also rose from 3.9 in 2021 to 4.8 in 2022. Among the cybercrime cases in 2022, 64.8% were related to fraud, with extortion accounting for 5.5% and sexual exploitation comprising 5.2%.
3. Canada
Number of Victims in 2022: 5,517
In recent years, Canadians have increasingly expressed heightened concerns regarding cybersecurity. Ransomware incidents have garnered widespread attention, frequently making headlines not just in Canada but globally as well. Essential services, including hospitals, schools, municipalities, and utility providers, have experienced disruptions. Additionally, incidents involving the theft, trading, or leakage of personal and financial data online have become more prevalent. Furthermore, the online environment is inundated with misinformation and divisive content, impacting the digital spaces we navigate daily.
2. United Kingdom
Number of Victims in 2022: 284,291
In 2022, cybercrime posed a significant financial burden on UK businesses, with an average cost of £4,200 per business. The overall impact of cybercrime on the UK economy is estimated to be £27 billion annually, with a substantial portion attributed to businesses. Surprisingly, only 15% of UK businesses have a formal cybersecurity incident management plan in place, indicating a lack of preparedness for cyber threats among many businesses. One prevalent form of cybercrime in the UK is fraud, which resulted in a £1.3 billion loss in 2020. Notably, online shopping fraud accounted for a significant portion of this total, with victims collectively losing £63.8 million in the same year. In addition to fraud, there were 2.3 million reported cases of computer misuse, over 1 million incidents involving unauthorized access to personal information, and more than 400,000 reported instances of fraud and computer misuse in the UK.
1. United States of America
Number of Victims in 2022: 479,181
In the first half of 2022 alone, approximately 53.35 million US citizens fell victim to cybercrime. Remarkably, between July 2020 and June 2021, the US emerged as the primary target for cyber-attacks worldwide, accounting for 46% of all attacks. The financial toll on US citizens from cyber-related crimes in 2021 was substantial, totaling $6.9 billion. Specific categories of cybercrime included romance scams amounting to $956 million, investment scams reaching $1.4 billion, and business email compromise leading to losses of $2.39 billion. For businesses in the US, ransomware poses a grave threat to cybersecurity, with 60% of organizations experiencing data encryption in successful ransomware attacks. The expenses incurred to address and rectify these attacks averaged around $1.08 million in 2021. Interestingly, this cost showed a notable decrease of 49% from the previous year, when it stood at $2.09 million in 2020.
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