How much did cybercrime cost in 2016?

Published by Anaya Cole on

How much did cybercrime cost in 2016?

“In our company, we have seen costs increase exponentially.” VP, Healthcare, US Page 6 Ponemon Institute © Research Report Page 5 As shown in Figure 2, the total annualized cost of cyber crime in 2016 ranges from a low of $. 27 million to a high of $74 million.

What is the fastest growing computer crime?

Ransomware is the fastest growing type of cybercrime, according to Cybercrime Ventures. Every 14 seconds across the globe, a business falls victim to a ransomware attack. As ransomware attacks have evolved, the business risks have drastically increased.

Which state has the most cyber crime?

state of Uttar Pradesh
In 2020, the state of Uttar Pradesh in India had the highest number of reported cyber crimes compared to the rest of the country with over 11 thousand cases registered with the authorities.

How much did cybercrime cost in 2019?

$11.5 billion
A 2017 report from Cybersecurity Ventures predicted ransomware damages would cost the world $5 billion in 2017, up from $325 million in 2015 — a 15X increase in just two years. The damages for 2018 were estimated at $8 billion, and for 2019 the figure rose to $11.5 billion.

Which country has highest cybercrime?

Top Ten Hacking Countries

1. China 41 percent (of the world’s attack traffic)
2. U.S. 10 percent
3. Turkey 4.7 percent
4. Russia 4.3 percent
5. Taiwan 3.7 percent

Which is the India’s cybercrime capital?

Jamtara is a city and a notified area in the Jamtara Sadar subdivision of the Jamtara district in the Indian state of Jharkhand. It is the headquarters of the epynomous district, subdivision and community development block. It is also nicknamed the phishing capital of India.

What was the crime rate in 2016 in the US?

The 2016 statistics show the estimated rate of violent crime was 386.3 offenses per 100,000 inhabitants, and the estimated rate of property crime was 2,450.7 offenses per 100,000 inhabitants. The violent crime rate rose 3.4 percent compared with the 2015 rate, and the property crime rate declined 2.0 percent.

How many violent crimes are there in the United States?

In 2016, there were an estimated 1,248,185 violent crimes. Murder and nonnegligent manslaughter offenses increased 8.6 percent when compared with estimates from 2015. Aggravated assault and rape (legacy definition) offenses increased 5.1 percent and 4.9 percent, respectively, and robbery increased 1.2 percent.

What is the Internet crime complaint center?

The mission of the Internet Crime Complaint Center (IC3) is to provide the public with a reliable and convenient reporting mechanism to submit information to the FBI concerning suspected Internet-facilitated criminal activity, and to develop effective alliances with industry partners.

How many complaints did IC3 receive in 2016?

In 2016, IC3 received a total of 298,728 complaints with reported losses in excess of $1.3 billion. This past year, the top three crime types reported by victims were non-payment and non delivery, personal data breach, and payment scams.

Categories: FAQ