Cybercrime costs in the United States reached an estimated 452.3 billion U.S. dollars in 2024. Between 2017 and 2024, this figure has seen a significant increase. According to the latest estimates, this dynamic will continue in upcoming years, reaching approximately 1.82 trillion U.S. dollars in cybercrime costs by 2028.

The global indicator 'Estimated Cost of Cybercrime' in the cybersecurity market was forecast to continuously increase between 2024 and 2029 by in total 6.4 trillion U.S. dollars (+69.41 percent). After the eleventh consecutive increasing year, the indicator is estimated to reach 15.63 trillion U.S. dollars and therefore a new peak in 2029. Notably, the indicator 'Estimated Cost of Cybercrime' of the cybersecurity market was continuously increasing over the past years. Ransomware and manufacturing industry Cyberattacks remain a significant challenge for organizations worldwide, sectors such as manufacturing, finance, and insurance were the most affected by these attacks. Among the various types of cyber threats, ransomware was the most frequently detected, accounting for around 70 percent of all incidents. The manufacturing industry, in particular, faced the highest number of ransomware attacks, making it the most targeted sector globally. Cybersecurity awareness and investments Organizations worldwide became increasingly aware of the dangers posed by cyberattacks, approximately 40 percent of internet users became familiar terms such as with "ransomware." In response to these threats, companies invested more in cybersecurity. In 2024, the average annual increase in IT security budgets was expected to reach 5.7 percent. In fact, for companies worldwide, enhancing the cyber resilience of their cybersecurity teams was the top spending priority in 2023.

The cost of internet crimes reached 850 billion U.S. dollars in 2022. Over the coming years, the impact of cybercrime would continue to increase. According to the forecasts, the costs were projected to reach 4.5 trillion U.S. dollars by 2028.

Annual costs of cybercrime in France reached an estimated 129 billion U.S. dollars in 2024. Between 2016 and 2023, this figure has seen a significant increase of over 88 billion U.S. dollars. According to the latest estimates, this dynamic will continue in upcoming years, reaching 419 billion U.S. dollars in cybercrime costs by 2028.

The estimated cost of cybercrime in the cybersecurity market in Indonesia was forecast to continuously increase between 2024 and 2028 by in total 1.1 billion U.S. dollars (+20.33 percent). After the tenth consecutive increasing year, the estimated cost of cybercrime is estimated to reach 6.48 billion U.S. dollars and therefore a new peak in 2028. Notably, the estimated cost of cybercrime of the cybersecurity market was continuously increasing over the past years. The Statista Market Insights cover a broad range of additional markets.

Police-reported cybercrime, number of incidents and rate per 100,000 population, Canada, provinces, territories, Census Metropolitan Areas and Canadian Forces Military Police, 2014 to 2023.

In 2023, the monetary damage caused by cybercrime reported to the United States' Internet Crime Complaint Center (IC3) saw a year-over-year increase of around 21 percent, amounting to a historical peak of 12.5 billion U.S. dollars. Cybercrime in the U.S. Cybercrime continues to be one of the biggest challenges for governments around the world. In the United States, phishing and personal data breaches were among the most reported categories of cybercrime in 2022, with over 300 thousand people falling victim to phishing attacks. Additionally, data breaches cost the U.S. organizations over nine million U.S. dollars on average as of January 2023. Identity theft is a serious issue in the U.S. Along with other reported online crimes, identity theft was a prevalent issue that affected millions of people in the United States. The country ranked second globally in reported cases of identity theft, with an estimated 13.5 million Americans falling victim to this crime. As a result, millions of users had their lives turned upside down. In January 2023, 43 percent of identity theft victims reported wasting their time resolving issues, while 33 percent had no choice but to freeze their credit cards. Furthermore, sometimes threat actors targeted seniors, as in 2022, more than 4800 individuals over 60 reported being victims of identity theft.

In 2018, the average annualized cost of cyber crime attacks in the United States amounted to 27.37 million U.S. dollars. Second-ranked Japan averaged 13.57 million U.S. dollars in damages to attacked companies per year. Overall, the financial service sector had the highest annual costs caused by cyber crime.

India Cyber Crime: IPC Section: Number of Cases Registered data was reported at 33,798.000 Unit in 2022. This records an increase from the previous number of 25,384.000 Unit for 2021. India Cyber Crime: IPC Section: Number of Cases Registered data is updated yearly, averaging 738.000 Unit from Dec 2002 (Median) to 2022, with 21 observations. The data reached an all-time high of 33,798.000 Unit in 2022 and a record low of 176.000 Unit in 2008. India Cyber Crime: IPC Section: Number of Cases Registered data remains active status in CEIC and is reported by National Crime Records Bureau. The data is categorized under India Premium Database’s Crime – Table IN.CRA001: Crime Statistics.

As per Cognitive Market Research's latest published report, the Global Cyber Security market size was $154.80 Billion in 2022 and it is forecasted to reach $353.15 Billion by 2030. Cyber Security Industry's Compound Annual Growth Rate will be 10.8% from 2023 to 2030. Market Dynamics of Cyber Security Market:

Increased target based cyber-attacks:

Every year, cybercrime dramatically rises as attackers become more proficient and sophisticated. In target-based cyberattacks, hackers or attackers focus on a single organisation because they have a particular business interest. Putting the attack together could take months so they can figure out the best way to get their exploit into your systems (or users). Because it has been precisely designed to attack your systems, processes, or persons, at the office and often at home, a targeted attack is frequently more harmful than an untargeted one. In addition to having an impact on the organization's and business's finances, cybersecurity also makes businesses more vulnerable and uncertain.

Cyberattacks can potentially harm a company's reputation, especially if private customer information is taken. The established customer trust may suffer as a result of cyberattacks. This breach of trust may be challenging to repair and may have long-term effects on the company. The activities of a company are also disrupted by these attacks, making it difficult or impossible to access vital systems or data. This might cause delays in manufacturing, disrupt customer service, and result in lost income. Businesses may occasionally have to stop operating completely until the attack is stopped, which will have a greater financial impact.

Growing need for automated cybersecurity due to the increased use of IoT devices.

Restraining Factor:

Budget restrictions and a lack of specialists among SME's:

Cybersecurity is crucial prat of any organization as it protects against unwanted access, theft, and damage to critical data and computer systems. Cyber-attacks are growing more prevalent in today's digital environment, and they could have very negative effects. Due to the complexity of technology, many organisations, especially SME's, cannot afford cybersecurity despite its necessity. Cybersecurity can be complicated and calls for knowledge in fields like software development, network security, and cryptography. The cost of acquiring and maintaining this expertise might be high. In addition, considering the consistently evolving cyber threats, the updating of cybersecurity measures is necessary. This requires ongoing investment in technology, personnel, and training. Therefore, budget restrictions coupled with expensive tools and software’s and a lack of specialists in SME's might affect the growth of the cyber security market.

Current Trends on Cyber Security:

Rising e-commerce platforms and online shopping:

Rising disposable income coupled with high penetration of internet and smartphone expected to drive the e-commerce market and online shopping. Online shopping is incredibly convenient for consumers as they can shop from the comfort of their homes or on-the-go using their smartphones or tablets. This is especially true during the COVID-19 pandemic when physical stores are closed or people prefer to avoid crowded places. In addition, online retailers can offer lower prices compared to physical stores due to lower overhead costs. Moreover, E-commerce platforms are open 24/7, which allows customers to shop at any time that is convenient for them. With advances in technology, e-commerce platforms have improved their shipping and delivery options. Overall, rising e-commerce platforms and online shopping provides new opportunities to cyber security market.

Impact of COVID-19 pandemic on Cyber Security Market:

With the widespread shift to remote work and online services, there has been a surge in cyber-attacks, making cyber security more important in COVID-19 pandemic. Organizations are investing in cyber security solutions to safeguard their systems and data as a result of the rise in cyberattacks brought on by the epidemic. The need for cyber security goods and services has increased as a result. Budget restrictions, especially for SME's, have been brought on by the economic burden of the epidemic on many organisations. Cost-effective cyber security solutions are now receiving more attention as a result of this. The CO...

There are various factors that can mitigate or amplify the cost of a data breach. According to 2020 industry data, the formation of an incidence response team could reduce the average total cost of a data breach by almost 273,000 U.S. dollars. Same went for incident response testing, which was also a strongly mitigating factor when calculating data breach damages. In 2019, the average total cost of a data breach amounted to 3.86 million U.S. dollars.

The largest reported data leakage as of January 2025 was the Cam4 data breach in March 2020, which exposed more than 10 billion data records. The second-largest data breach in history so far, the Yahoo data breach, occurred in 2013. The company initially reported about one billion exposed data records, but after an investigation, the company updated the number, revealing that three billion accounts were affected. The National Public Data Breach was announced in August 2024. The incident became public when personally identifiable information of individuals became available for sale on the dark web. Overall, the security professionals estimate the leakage of nearly three billion personal records. The next significant data leakage was the March 2018 security breach of India's national ID database, Aadhaar, with over 1.1 billion records exposed. This included biometric information such as identification numbers and fingerprint scans, which could be used to open bank accounts and receive financial aid, among other government services.

Cybercrime - the dark side of digitalization As the world continues its journey into the digital age, corporations and governments across the globe have been increasing their reliance on technology to collect, analyze and store personal data. This, in turn, has led to a rise in the number of cyber crimes, ranging from minor breaches to global-scale attacks impacting billions of users – such as in the case of Yahoo. Within the U.S. alone, 1802 cases of data compromise were reported in 2022. This was a marked increase from the 447 cases reported a decade prior. The high price of data protection As of 2022, the average cost of a single data breach across all industries worldwide stood at around 4.35 million U.S. dollars. This was found to be most costly in the healthcare sector, with each leak reported to have cost the affected party a hefty 10.1 million U.S. dollars. The financial segment followed closely behind. Here, each breach resulted in a loss of approximately 6 million U.S. dollars - 1.5 million more than the global average.

This statistic shows the average annualized costs caused by cyber crimes worldwide in 2018, sorted by affected industry sector. In the measured period, cyber crime caused an average annualized loss of 18.37 million U.S. dollars for affected companies in the global banking sector.

Cybercrime is a major challenge facing the world, with estimated costs ranging from the hundreds of millions to the trillions. Despite the threat it poses, cybercrime is somewhat an invisible phenomenon. In carrying out their virtual attacks, offenders often mask their physical locations by hiding behind online nicknames and technical protections. This means technical data are not well suited to establishing the true location of offenders and scholarly knowledge of cybercrime geography is limited. This paper proposes a solution: an expert survey. From March to October 2021 we invited leading experts in cybercrime intelligence/investigations from across the world to participate in an anonymized online survey on the geographical location of cybercrime offenders. The survey asked participants to consider five major categories of cybercrime, nominate the countries that they consider to be the most significant sources of each of these types of cybercrimes, and then rank each nominated country according to the impact, professionalism, and technical skill of its offenders. The outcome of the survey is the World Cybercrime Index, a global metric of cybercriminality organised around five types of cybercrime. The results indicate that a relatively small number of countries house the greatest cybercriminal threats. These findings partially remove the veil of anonymity around cybercriminal offenders, may aid law enforcement and policymakers in fighting this threat, and contribute to the study of cybercrime as a local phenomenon.

Context

Introduction: The dataset used for this experiment is real and authentic. The dataset is acquired from UCI machine learning repository website [13]. The title of the dataset is ‘Crime and Communities’. It is prepared using real data from socio-economic data from 1990 US Census, law enforcement data from the 1990 US LEMAS survey, and crimedata from the 1995 FBI UCR [13]. This dataset contains a total number of 147 attributes and 2216 instances.

The per capita crimes variables were calculated using population values included in the 1995 FBI data (which differ from the 1990 Census values).

Content

The variables included in the dataset involve the community, such as the percent of the population considered urban, and the median family income, and involving law enforcement, such as per capita number of police officers, and percent of officers assigned to drug units. The crime attributes (N=18) that could be predicted are the 8 crimes considered 'Index Crimes' by the FBI)(Murders, Rape, Robbery, .... ), per capita (actually per 100,000 population) versions of each, and Per Capita Violent Crimes and Per Capita Nonviolent Crimes)

predictive variables : 125 non-predictive variables : 4 potential goal/response variables : 18

Acknowledgements

http://archive.ics.uci.edu/ml/datasets/Communities%20and%20Crime%20Unnormalized

U. S. Department of Commerce, Bureau of the Census, Census Of Population And Housing 1990 United States: Summary Tape File 1a & 3a (Computer Files),

U.S. Department Of Commerce, Bureau Of The Census Producer, Washington, DC and Inter-university Consortium for Political and Social Research Ann Arbor, Michigan. (1992)

U.S. Department of Justice, Bureau of Justice Statistics, Law Enforcement Management And Administrative Statistics (Computer File) U.S. Department Of Commerce, Bureau Of The Census Producer, Washington, DC and Inter-university Consortium for Political and Social Research Ann Arbor, Michigan. (1992)

U.S. Department of Justice, Federal Bureau of Investigation, Crime in the United States (Computer File) (1995)

Inspiration

Your data will be in front of the world's largest data science community. What questions do you want to see answered?

Data available in the dataset may not act as a complete source of information for identifying factors that contribute to more violent and non-violent crimes as many relevant factors may still be missing.

However, I would like to try and answer the following questions answered.

1. Analyze if number of vacant and occupied houses and the period of time the houses were vacant had contributed to any significant change in violent and non-violent crime rates in communities

2. How has unemployment changed crime rate(violent and non-violent) in the communities?

3. Were people from a particular age group more vulnerable to crime?

4. Does ethnicity play a role in crime rate?

5. Has education played a role in bringing down the crime rate?

In 2022, around four in ten internet users worldwide have ever experienced cybercrime. Based on a survey conducted between November and December 2022, internet users in India were most likely to have fallen victim to cybercrime, as nearly 70 percent of respondents claimed to have ever experienced cybercrime. The United States ranked second, with almost half of the respondents, 49 percent, saying they had experienced internet crime.

Data on Crimes in India - total crimes, crime rate, conviction rate, crimes against women and children, cyber crimes, chargesheeting rate.

The global portable forensic computer market is experiencing robust growth, driven by the increasing need for efficient and secure digital forensics investigations across various sectors. The market, valued at approximately $250 million in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 12% from 2025 to 2033. This growth is fueled by several key factors, including the rising number of cybercrimes, stricter data privacy regulations demanding thorough digital investigations, and the increasing adoption of advanced forensic technologies. The demand for portable forensic computers is particularly strong in government agencies and judicial branches, where swift and reliable evidence collection is crucial for effective law enforcement. Furthermore, the expanding applications of portable forensic computers in laboratories and other sectors, coupled with technological advancements in areas like data encryption and decryption, contribute significantly to market expansion. The increasing availability of user-friendly and cost-effective solutions is also playing a vital role in market growth. Segmentation analysis reveals a strong preference for glossy displays, driven by their superior visual clarity. However, the matte display segment is also anticipated to experience growth due to its reduced glare and improved readability in various lighting conditions. Geographically, North America and Europe currently dominate the market share, reflecting the advanced digital infrastructure and high adoption of forensic technologies in these regions. However, the Asia-Pacific region is expected to demonstrate substantial growth potential in the coming years due to rapid technological advancements and increasing government investment in cybersecurity infrastructure. While the market faces restraints such as high initial investment costs and the need for specialized training, the overall outlook remains overwhelmingly positive, signaling significant growth opportunities for market players in the years to come. This report provides a detailed analysis of the global portable forensic computer market, projecting a market valuation exceeding $1.2 billion by 2028. We delve into key market segments, competitive landscapes, and future growth trajectories. This research is crucial for stakeholders seeking to understand the dynamics of this rapidly evolving sector, encompassing hardware, software, and service offerings.

An extensive dataset offering key insights into cyber security statistics and trends for 2025, including data breaches, cybercrime costs, threat vectors, and industry-specific impacts.

In 2023, the largest provider of cyber security insurance in the United States was Chubb Ltd. The Swiss property and casualty insurer wrote a total of 573.6 million U.S. dollars in cyber security premiums in 2023. Cyber security insurance Cyber security insurance protects policy holders against risks associated with IT infrastructure and activities. The main causes of IT risks are physical loss or damage (for example from natural disasters), misuse by employees, and unauthorized access by third parties (generally through the internet). Each of these problems can generate costs from business interruption, replacement of IT infrastructure, and/or payment of compensation to victims. Computer crimes such as hacking, malware and viruses were the greatest source of cyber-security losses in the United States from 2013 to 2019, accounting for nearly half of all claims made. The global cyber security insurance market This market emerged in recent years and its development is a consequence of increasing reliance on digital solutions for data storage. It is predicted that the global cyber insurance market will exceed 22 billion U.S. dollars by 2025. The cost of a data breach varies by industry. For instance, a data breach in the healthcare sector cost twice as much as a data breach in the technology sector in 2023.