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TechRadar
TechRadar
Rahim Amir

Cybercrime is costing the world trillions every year - new report says victims lose an average of nearly $10,000 in every hit

Phishing, E-Mail, Network Security, Computer Hacker, Cloud Computing Cyber Security 3d Illustration.
  • New study puts average cybercrime victim losses at $9,468, making a global annual toll at just over $1.24 trillion across 130.9 million victims
  • Cybercrime is still massively underreported by both victims and authorities, so official numbers might be 'softer' than the underlying problem
  • Some of the countries published limited, if any, financial data regarding cybercrime, making losses an estimate at best

New figures have claimed cybercrime victims lose $9,468 in the average incident, showing the scale of an increasingly global problem.

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