Who’s paying the price of cybercrime?

Cybercrime has become a global epidemic, with costs soaring across sectors and borders. But who’s paying the price and how has that changed since the turn of the century? Researchers from vpnMentor have analyzed 25 years of FBI Internet Crime Complaint Center (IC3) data along with a review of major global incidents to discover the cost of cybercrime and how it’s evolving. In 2024, the total number of cybercrime complaints to IC3 reached 859,532, equating to approximately one complaint for every 395 US residents. The volume of cybercrime complaints reported has steadily increased over time, rising from 16,838 complaints in… [Continue Reading]