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Highly Damaging Cybercrimes in the World 2023

Erlina Fury Santika 05/06/2024 18:32 WIB

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Statista's processing of FBI data reveals the most financially damaging cybercrimes globally. Here are their values.

Total Global Cybercrime Losses Reported to the FBI (2023)

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Total Global Cybercrime Losses Reported to the FBI (2023)

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FBI data processed by Statista reveals that losses due to cybercrime worldwide reported to the FBI reached US$12.5 billion from over 880,000 registered attacks. This figure surpasses US$10 billion for the second consecutive year.

Investment scams were the most significant attack, causing losses totaling US$4.5 billion in 2023. This represents 37% of all reported losses.

The FBI report classifies these scams as including Ponzi and pyramid schemes, or fraudulent retirement plans promising high returns with minimal risk.

The second most prevalent crime was business email compromise (BEC), such as phishing, amounting to US$2.94 billion. This allows perpetrators to infiltrate company accounts and initiate money transfers.

Third was fraudulent tech support, resulting in losses of US$925 million. Fourth was personal data breaches at US$744 million. Fifth was romance scams at US$653 million.

(Read also: [Link to article about negative experiences with dating apps])

Other crimes included data breaches, government impersonation, and non-payment/non-delivery, where buyers fail to pay for goods or services received.

Statista notes that government impersonation scams saw the largest percentage increase compared to the previous year, with 64% more money stolen than in 2022.

"This may be related to the emergence of easily accessible AI tools like ChatGPT, enabling criminals to impersonate politicians or celebrities," Statista wrote in its report on Friday, May 31, 2024.

The report, released in April 2024, emphasizes that these figures may not encompass all incidents, as they only account for cases reported through the Internet Crime Complaint Center (IC3), and the majority of reports originate from the United States.

(Read also: [Link to article about the dark side of AI])

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Highly Damaging Cybercrimes in the World 2023

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