What are the Losses Caused by Cybercrime?
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According to Statista data, losses due to cybercrime reported to the Internet Crime Complaint Center (IC3) in 2018 reached US$2.71 billion. This figure is the highest in the last five years. Cybercrime losses in 2018 surged 91% compared to 2017, which amounted to US$1.4 billion.
Losses in 2017 decreased by 2% compared to 2016, which totaled US$1.45 billion. Meanwhile, in 2015 and 2016, losses due to cybercrime swelled by 33.75% and 35.48%, respectively. Losses in 2015 reached US$1 billion, while in 2014 they amounted to US$800.49 million.
Statista reports that 83.96% of losses in 2014 occurred in the United States (US). This figure refers to internet crimes reported to the IC3. The methodology used to evaluate the amount of losses involved reviewing the validity of all complaints by FBI IC3 unit staff.
"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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