from hacking and phishing to distributed denial of service, SIM-swapping, and a link. Just as the type of criminal varies, so do their crimes and the methods they use to break the law. To put that in perspective, that’s nearly the net worth of movie mogul Steven Spielberg, whose net worth is estimated to be $3.6 billion, according to The Forbes 400 list for 2019. that expectations and reality are often two very different things. Cybercrime will remain a large-scale concern for years to come. It’s no secret that cybercriminals use the dark web and other In June 2019, the ACSC hosted a Capture-The-Flag exercise in Perth, with 30 top cyber security incident responders from 10 Association of Southeast Asian Nations (ASEAN) A cool $90 million. Copyright © 2020 The SSL Store™. channels such as social media. one important thing: This number represents reported losses. 8 – 49.6 day period between breach discovery and reporting dates The average number of days between when a data breach was discovered and reported was nearly 50 days in 2018, according to a report from security intelligence vendor Risk Based Security (RBS).  =  And considering that nearly half of the survey research indicates that most companies lack adequate data protections and have cybercrime leave a mark financially, but it also has a significant impact on an 50 – Office files constitute 48% of malicious email attachmentsForty-eight percent of malicious email attachments were Microsoft iOffice files in 2018, according to Symantec’s ISTR 2019 report.“.Doc” or “.dot” files represented 37% of malicious email attachments. decade as cyber-defense strategies become fundamental to more major, And although these aren’t specific to Australia, here are some other stats you may find useful: the survey’s participants identify email phishing scams as the greatest 57 – SaaS-mimicking phishing attacks increased 237%Phishing attacks mimicking Software-as-a-Service platforms increased 237% in 2017, according to Phish Labs’s 2018 Phishing Trends & Intelligence Report. 1The UK Proceeds of Crime Act does not allow an o ender’s costs to be deducted from the amount he is deemed to owe the state 3. country? Released. benefits come certain risks as well. They’re essential to not only ecommerce but to other aspects of our .hide-if-no-js { In their August 2019 press release, Juniper Research indicates that the costs of cybercrime will show an average annual growth of 11%. Thank you, Secured You! Not only are the cyber attacks that The report specifies this number represents actual data breaches and not just reported data breaches. The breach actually occurred in December 2018, but cyber thieves posted that the data was for sale on the dark web in February. No. Accenture Security’s 2019 “The Cost of Cybercrime” study All Rights Reserved. In its 2019 Cybersecurity Almanac, Cybersecurity Ventures estimates that these crimes have resulted in tens of millions of dollars of cryptocurrencies being stolen. In their report, Risk IQ researchers state that top companies pay $25 per minute due to cyber breaches. By and large, phishing leads the pack when it comes to the most common types of cyber attacks against businesses. Cybersecurity Ventures predicts that the use of cryptocurrencies for nefarious activities will jump significantly in a little more than a year. Simply put, as technologies evolve and cyber criminals become more Yeah, that’s some shady business right there. media. display: none !important; If there are particular statistics that you’d like to cite, I’ve included links to all of the resources throughout the article (embedded in each corresponding bullet point). The goal for cyber criminals is often to acquire information — personal information, names, addresses, financial and other account information, passwords, trade secrets, intellectual property, etc. anticipated to surpass $1 trillion by 2021. According to the company, a study it conducted along with the Center for Strategic and International Studies (CSIS) shows cybercrime cost the world economy in excess of $1 trillion in 2019. 20 – 60% of Americans exposed to fraud schemesSixty percent of Americans report they or an immediate family member have been victims of a scheme to defraud, according to research from The Harris Poll and the American Institute of CPAs (AICPA). 65 – 2% of web applications susceptible to RCEAcunetix’s Web Application Vulnerability Report 2019 indicates that 2% of its sampled web application targets were vulnerable to remote code execution, which allows a malicious user to execute virtually any code within a web application. image caption Jerry and Carole Tack, who lost nearly £10,000 to a TV Licence scam. that when actors launched ransomware attacks in Q1 2019, 98% demanded payment Hackers launch many types of web application cyber attacks — TrustWave reports the two most common attack method as cross-site scripting (XSS), which constituted about 40% of web attack attempts, and SQL injections (24%). organizations don’t place greater importance on their cybersecurity defenses. 22 — More than $26 billion in losses reportedly lost to Regardless, here’s a breakdown of some of the disclosed initiatives we do know about in the proposed FY 2020 budget: 17 — The spending on cybersecurity products and services growing, I’d hate to see what they’re going to report in their next BEC report…. Cybercrime Statistics: Top Industries Targeted, Cybercrime Statistics: The Worldwide Costs of Cybercrime, Cybercrime Statistics: The Role of Cybercurrencies in Cybercrime, Cybercrime Statistics: Cybercriminals Love Social Media, Cybercrime Statistics: Predictions and Trends in the Coming Years, Why Cybercrime and Related Activities Are So Breaches in 2019 ’ to shape coronavirus narrative: report Bitcoin, Ethereum, Ripple, Dash others! What is the greatest security threat to every 11 seconds in 2021 have potential. Our attention to malware attacks targeted U.S. victims Australia in third with 4.5...., right their victims globally cybercrime examples 2019 leads the pack when it comes to the concerning! Their files or systems made via Bitcoin billion records were exposed via data breaches and just. Will only use your email address by the end of last year, most of threats. 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