The global indicator 'Estimated Cost of Cybercrime' in the cybersecurity market was forecast to continuously increase between 2024 and 2029 by in total *** trillion U.S. dollars (+***** percent). After the eleventh consecutive increasing year, the indicator is estimated to reach ***** 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 ** 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 ** 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 *** percent. In fact, for companies worldwide, enhancing the cyber resilience of their cybersecurity teams was the top spending priority in 2023.

Cybercrime costs in the United Kingdom (UK) were estimated at 61.52 billion U.S. dollars in 2025. Over the observed period, this figure has seen a significant increase. This trend will continue in the upcoming years, with the cost expected to reach 128.8 billion U.S. dollars in 2030.

Cybercrime costs in the United States were estimated to reach ****** billion U.S. dollars in 2026. Between 2026 and 2030, this figure was forecast to see a considerable increase. In 2030, the costs were projected at **** trillion U.S. dollars.

Annual costs of cybercrime in France reached an estimated *** billion U.S. dollars in 2025, marking an increase in recent years. This trend was expected to continue, with the cost forecast to reach ****** billion U.S. dollars in 2030.

The estimated cost of cybercrime in the cybersecurity market in Indonesia was modeled to amount to ************ U.S. dollars in 2024. Following a continuous upward trend, the estimated cost of cybercrime has risen by ************ U.S. dollars since 2016. Between 2024 and 2030, the estimated cost of cybercrime will rise by ************ U.S. dollars, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Cybersecurity.

In 2024, the monetary damage caused by cybercrime reported to the United States' Internet Crime Complaint Center (IC3) saw a year-over-year increase, amounting to a historical peak of **** billion U.S. dollars. Overview of cybercrime in the U.S. Cybercrime continues to be one of the biggest challenges for governments around the world. In the United States, ****************** and ********* were among the most reported categories of cybercrime in 2024, with over ******* individuals falling victim to phishing attacks. Additionally, data breaches cost the U.S. organizations over ************ U.S. dollars on average as of February 2024. Fraud involving elderly Along with other reported internet crimes, online fraud is continuously growing. Targeting one of the most vulnerable groups, the elderly, cybercriminals show notorious skills in ************************************************************. Furthermore, individuals aged 60 and older, reported falling victims of extortion and personal data breach in 2024.

Cybercrime costs in Canada reached an estimated 3.82 billion U.S. dollars as of 2023. Between 2017 and 2023, this figure gradually increased. According to the latest estimates, this dynamic will continue in upcoming years, reaching approximately 4.78 billion U.S. dollars in cybercrime costs by 2028.

The cost of internet crimes reached *** 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 *** trillion U.S. dollars by 2028.

The annual costs of cybercrime in Italy reached an estimated ** billion U.S. dollars in 2023. Between 2016 and 2023, this figure has seen a significant increase of over ** billion U.S. dollars. According to the latest estimates, this trend will continue in upcoming years, reaching *** billion U.S. dollars in cybercrime costs by 2026 in the country.

Manufacturing remains among the most targeted industries by cyberattacks. Among the most considerable attacks in this sector in terms of monetary losses was the 2025 Jaguar Land Rover attack, where the company lost around *** million British pounds and the UK economy lost an estimated *** billion British pounds. Another attack involved Clorox in 2023, where the company lost around *** million U.S. dollars due to a decline in production and sales due to the attack.

As of 2025, the average cost of a data breach in the United States amounted to ***** million U.S. dollars, up from **** million U.S. dollars in the previous year. The global average cost per data breach stood at **** million U.S. dollars. Cost of a data breach in different countries worldwide Data breaches impose a big threat for organizations globally. The monetary damage caused by data breaches has increased in many markets in the past decade. In 2023, Canada followed the U.S. by data breach costs, with an average of **** million U.S. dollars. Since 2019, the average monetary damage caused by the loss of sensitive information in Canada has increased notably. In the United Kingdom, the average cost of a data breach in 2024 amounted to around **** million U.S. dollars, while in Germany it stood at **** million U.S. dollars. The cost of data breach by industry and segment Data breach costs vary depending on the industry and segment. For the fourth consecutive year, the global healthcare sector registered the highest costs of data breaches, which in 2024 amounted to about **** million U.S. dollars. Financial institutions ranked second, with an average cost of *** million U.S. dollars for a data breach. Detection and escalation was the costliest segment in data breaches worldwide, with **** U.S. dollars on average. The cost for lost business ranked second, while response following a breach came across as the third-costliest segment.

In 2025, the average cost of an industrial data breach reached its peak with an average of **** million U.S. dollars, down from **** million U.S. dollars in 2024. In comparison, the global average cost of a data breach across all studied industries was **** million U.S. dollars.

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.

As of February 2025, the United States ranked first by the average cost of a data breach, ***** million U.S. dollars. The average cost of data breaches in the Middle East was **** million U.S. dollars. Benelux followed in the ranking, with **** million U.S. dollars. In the measured period, the global average data breach cost was **** million U.S. dollars. Phishing scams in the U.S. Breached data often ends up in the hands of threat actors who use it for malicious purposes, including online scams. Phishing continues to be a major threat in North America, particularly on smartphones. In the second quarter of 2023, the region recorded the highest number of phishing and malicious attack attempts globally. The United States was particularly affected, with ** percent of U.S. citizens reporting being targeted by scam texts, e-mails, and calls on a daily basis. Additionally, phishing and spoofing were the most common types of cybercrime, impacting *** thousand individuals in 2023. These attacks led to financial losses, with U.S. victims reporting nearly ** billion U.S. dollars in damages throughout the year. U.S. users and data privacy Despite only ** percent of internet users in the United States being highly knowledgeable about data privacy and cybersecurity, a significant portion of users demonstrated caution and awareness in protecting their information. In fact, over half of surveyed U.S. users reported being somewhat confident in knowing the right steps to take in the event of a cyberattack. Furthermore, ** percent of U.S. users actively decline cookies on websites, reflecting their increasing concern for data protection. Many respondents also take additional steps to safeguard their digital privacy, such as limiting or avoiding clicking on ads as well as not answering phone calls due to cybersecurity risks.

The losses incurred due to cyber fraud activity in India reached ****** billion Indian rupees in 2025, lower than in the previous year. A significant increase in the reported loss was recorded between 2023 and 2024.

In a 2023 survey on cybersecurity readiness, ** percent of the surveyed senior business, tech, and security executives in India claimed the damage caused by cyberattacks within their organizations over the past three years was worth between *** and **** million U.S. dollars. Meanwhile, only ***** percent of respondents attested to not having experienced any data breaches over that period. The rate of cybercrime in India has increased dramatically over the past few years.

As of 2025, the average cost of a data breach in Canada was **** million U.S. dollars, down from **** million U.S. dollars in the previous year. The global average cost per data breach was **** million U.S. dollars as of 2025, down from **** million U.S. dollars recorded in 2024.

Cyberattacks are potentially ruinous events for business owners. As of 2024, the average cost the most disruptive cyber security breach in the previous 12 months in the United Kingdom was ***** British pounds across all businesses, however, this figure becomes greater as the size of a business increases. The cost of a cyber attack is not only financial, with companies having to spend time on recovering from the attacks. Methods of attack Would-be cyber attackers have a large range of tools at their disposal, with which to get around a business’s digital defenses. Fraudulent emails or being directed to fraudulent websites was by far the most common method used during 2019, with ** percent of security breaches coming in that form. Preventing future attacks Investing in new security technology is a key focus for European and American businesses. Most forms, of all sizes are committed to increasing their spending on cyber security.

The largest reported data leakage as of December 2025 was the ***************************** data breach in ************, which exposed ** billion data records. The second-largest data breach in history so far, the ****************, occurred in **********. The National Public Data (NPD) Breach, listed ****** was disclosed in April 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 ***** billion personal records. Another significant data leakage was the March 2018 security breach of India's national ID database, Aadhaar, with over *** 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, ***** cases of data compromise were reported in 2022. This was a marked increase from the *** cases reported a decade prior. The high price of data protection In 2024, the average cost of a single data breach across all industries worldwide stood at **** 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 **** million U.S. dollars. The financial segment followed closely behind. Here, each breach resulted in a loss of **** million U.S. dollars.

Cyber crime costs in Spain reached an estimated 49.42 billion U.S. dollars as of 2023. Between 2017 and 2023, this figure has seen a significant increase of over 40 billion U.S. dollars. According to the latest estimates, this dynamic will continue in upcoming years, reaching approximately 137.7 billion U.S. dollars in cyber crime costs by 2028.