In 2024, California ranked first by the amount of monetary losses through cybercrime in the United States. Overall, the state had over two billion U.S. dollars of reported losses. Texas was the second by cybercrime losses, reporting around 1.3 billion U.S. dollars in losses, while Florida followed with over one billion U.S. dollars.

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.

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.

Between November 2022 and October 2023, over 30 thousand cybercrime incidents were detected worldwide. Of this total, over 900 cases involved small companies. The organizations in the public administration sector were the most affected among the industries researched, with reported 12,217 cybercrime cases. The finance sector ranked second, while the professional sector followed, with over 2,500 incidents in each industry.

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 2024.

Police-reported cybercrime, by cyber-related violation (homicide, invitation to sexual touching, sexual exploitation, luring a child via a computer, voyeurism, non-consensual distribution of intimate images, extortion, criminal harassment, indecent/harassing communications, uttering threats, fraud, identity theft, identity fraud, mischief, fail to comply with order, indecent acts, child pornography, making or distribution of child pornography, public morals, breach of probation), Canada (selected police services), 2014 to 2024.

In 2024, the most common type of cybercrime reported to the United States internet Crime Complaint Center was phishing, with its variation, spoofing, affecting approximately 193,000 individuals. In addition, over 86,000 cases of extortion were reported to the IC3 during that year. Dynamic of phishing attacks Over the past few years, phishing attacks have increased significantly. In 2024, over 193,000 individuals fell victim to such attacks. The highest number of phishing scam victims since 2018 was recorded in 2021, approximately 324 thousand.Phishing attacks can take many shapes. Bulk phishing, smishing, and business e-mail compromise (BEC) are the most common types. With the recent development of generative AI, it has become easier to craft a believable phishing e-mail. This is currently among the top concerns of organizations leaders. Impact of phishing attacks Among the most targeted industries by cybercriminals are healthcare, financial, manufacturing, and education institutions. An observation carried out in the fourth quarter of 2024 found that software-as-a-service (SaaS) and webmail was most likely to encounter phishing attacks. According to the reports, almost a quarter of them stated being targeted by a phishing scam in the measured period.

Estimates from Crime Survey for England and Wales (CSEW) on fraud and computer misuse. Also data from Home Office police recorded crime on the number of online offences recorded by the police and Action Fraud figures broken down by police force area.

These tables were formerly known as Experimental tables.

Please note: This set of tables are no longer produced. All content previously released within these tables has, or will be, redistributed among other sets of tables.

Police-reported cybercrime, by cyber-related violation, number of incidents and year to date total, preliminary quarterly data, Canada and regions (Atlantic, Quebec, Ontario, Prairies, British Columbia and Territories), Q1 (January to March) to Q4 (October to December) 2024 and Q1 (January to March) 2025.

India Cyber Crime: IT Act, 2000: Number of Cases Registered data was reported at 31,908.000 Unit in 2022. This records an increase from the previous number of 27,427.000 Unit for 2021. India Cyber Crime: IT Act, 2000: Number of Cases Registered data is updated yearly, averaging 2,876.000 Unit from Dec 2002 (Median) to 2022, with 21 observations. The data reached an all-time high of 31,908.000 Unit in 2022 and a record low of 60.000 Unit in 2003. India Cyber Crime: IT Act, 2000: 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.

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 2024, the monetary damage caused by cybercrime reported to the United States' Internet Crime Complaint Center (IC3) saw a significant 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.

India Cyber Crime: IPC Section: Number of Persons Arrested data was reported at 33,798.000 Person in 2022. This records an increase from the previous number of 25,384.000 Person for 2021. India Cyber Crime: IPC Section: Number of Persons Arrested data is updated yearly, averaging 1,148.000 Person from Dec 2002 (Median) to 2022, with 21 observations. The data reached an all-time high of 33,798.000 Person in 2022 and a record low of 195.000 Person in 2008. India Cyber Crime: IPC Section: Number of Persons Arrested 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.

The dataset contains year-, state- and city-wise historically compiled data on the number of cyber crimes committed in violation of Information Technology Act (IT Act) in Indian cities with over one million population. The different types of cyber crimes covered in the dataset include Tampering Computer Source documents, Cyber Terrorism, Publication or transmission of obscene or sexually explicit act in electronic form, Interception or Monitoring or decryption of Information, Unauthorized access or attempt to access to protected computer system, Abetment to Commit Offences, Publication or Transmission of Obscene or Sexually Explicit Act, etc. in Electronic Form, Breach of Confidentiality or Privacy and Disclosure of Information in Breach of Lawful Contract , Hacking, Obscene Publication or Transmission in Electronic Form, Failure in Obtaining Licence or Digital Signature by misrepresentation or suppression of fact, Publishing false digital Signature Certificate, Fraud Digital Signature, Breach of confidentiality or privacy, other computer related offences such as Ransomware, Offences other than Ransomware, Dishonestly receiving stolen computer resource or communication device, Identity Theft, Cheating by personation by using computer resource, Violation of Privacy, Failure Of compliance or orders of certifying Authority, To assist to decoy or the information in interception by Government Agency, Hacking crimes such as Loss or damage to computer resource or utility, Publication or transmission of Obscene or Sexually Explicit Act in Electronic Form involving Children and Adults, etc.

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.

The dataset contains year-, state- and city-wise historically compiled data on the number of crimes crimes cases pending at and disposed by police department in indian cities with over one million population. The different types of status of cyber crime court cases covered in the dataset include Cases Pending Investigation from Previous Year, Cases Reported during the year, Cases Reopened for Investigation, Cases Not Investigated Under 157_1_b CRPC, Cases Transferred to Other State or Agency, Cases Withdrawn by the Govt during Investigation, Cases Ended as FR Non Cognizable, Cases Ended as Final Report False, Cases Ended as Mistake of Fact or of law or Civil Dispute Cases True but Insufficient Evidence or Untraced or No Clue, Cases Abated during Investigation, Cases Charge Sheeted Out of cases From Previous Year, Cases Charge Sheeted Out of Cases during the year, Cases Charge Sheeted, Cases Quashed at Investigation Stage, Cases Stayed at Investigation Stage, Cases Pending Investigation at end of the year, Chargesheeting Rate, Pendency Percentage, No of cases withdrawn by the Government, Cases transferred to other Police Station or Magistrate, Cases Not Investigated U/S 157-1-b of CrPC, True but insufficient Evidence, False Final Report, Mistake of Fact, Non Cognizable, Cases in Which Chargesheets were Submitted, Cases Pending Investigation at the End of the Year, Charge Sheeting Rate, etc.

Cybercrime and Security Market Outlook

The global cybercrime and security market size was valued at USD 152.71 billion in 2023 and is projected to reach USD 352.69 billion by 2032, growing at a compound annual growth rate (CAGR) of 9.5% during the forecast period. This impressive growth can be attributed to the increasing frequency and sophistication of cyber-attacks, compelling organizations to invest heavily in robust security measures.

The demand for advanced cybersecurity solutions is being driven by the exponential rise in cyber threats, such as ransomware, phishing, and denial-of-service (DoS) attacks. These threats pose significant risks to both enterprises and individuals, leading to substantial financial losses, operational disruptions, and reputational damage. Consequently, businesses across various sectors are prioritizing their cybersecurity strategies and allocating higher budgets to safeguard their digital assets.

Furthermore, the adoption of emerging technologies like the Internet of Things (IoT), artificial intelligence (AI), and cloud computing has expanded the attack surface for cybercriminals. While these technologies offer numerous benefits and efficiencies, they also introduce new vulnerabilities that need to be addressed. As a result, there is a growing need for sophisticated cybersecurity solutions that can preemptively detect and mitigate potential threats in real-time.

The regulatory landscape is also playing a pivotal role in shaping the cybersecurity market. Governments and regulatory bodies worldwide are implementing stringent data protection laws and compliance requirements, such as the General Data Protection Regulation (GDPR) in Europe and the California Consumer Privacy Act (CCPA) in the United States. Organizations must adhere to these regulations to avoid hefty penalties and maintain customer trust, thereby driving the demand for comprehensive cybersecurity solutions and services.

Cognitive Security is emerging as a crucial aspect of the cybersecurity landscape, leveraging artificial intelligence and machine learning to enhance threat detection and response capabilities. By simulating human thought processes in a computerized model, cognitive security systems can analyze large volumes of data to identify potential threats and anomalies. This approach allows for more proactive and adaptive security measures, enabling organizations to stay ahead of increasingly sophisticated cyber threats. As cybercriminals continue to evolve their tactics, cognitive security provides a dynamic defense mechanism that can learn and adapt over time, offering a significant advantage in protecting digital assets.

Regionally, North America dominates the cybercrime and security market due to the presence of leading cybersecurity vendors, a high adoption rate of advanced technologies, and significant investments in cybersecurity by both public and private sectors. Asia Pacific, however, is expected to witness the highest growth rate, driven by the rapid digital transformation in countries like China and India, increasing internet penetration, and a surge in cyber-attacks targeting these regions.

Component Analysis

The cybercrime and security market can be broadly segmented by components into solutions and services. Solutions encompass a range of software and hardware products designed to protect against and mitigate cyber threats. This includes antivirus software, firewalls, intrusion detection systems (IDS), and encryption tools. The solutions segment is expected to hold a significant share of the market due to the increasing need for advanced security tools that can offer comprehensive protection against a wide array of cyber threats.

Within the solutions segment, endpoint security and network security solutions are particularly crucial. Endpoint security focuses on securing individual devices, such as laptops, smartphones, and tablets, which are often the primary targets of cyber-attacks. Network security, on the other hand, aims to protect the integrity, confidentiality, and availability of data as it travels across or within networks. The growing trend of remote work and the proliferation of BYOD (Bring Your Own Device) policies have further underscored the importance of robust endpoint and network security solutions.

The services segment includes managed security services, consulting, and professional services. Managed security services enable organiza

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Cyber Insurance Market Size 2025-2029

The cyber insurance market size is forecast to increase by USD 13.29 billion at a CAGR of 23.2% between 2024 and 2029.

The market is experiencing significant growth driven by the increasing adoption of technology and the resulting heightened risk of cyber attacks. According to recent estimates, the global cybercrime damages are projected to reach USD6 trillion annually by 2021, underscoring the urgent need for cybersecurity measures and insurance coverage. This trend is particularly prominent in regions with advanced digital economies, such as North America and Europe. However, the market's growth trajectory is not without challenges. One of the most pressing issues is the lack of standardization in cyber insurance policies, which can make it difficult for businesses to compare offerings and choose the most appropriate coverage. Additionally, the rapidly evolving threat landscape and the increasing sophistication of cybercriminals necessitate continuous innovation and adaptation from insurers to stay competitive. Companies seeking to capitalize on market opportunities and navigate these challenges effectively should prioritize building strong partnerships with technology providers, investing in advanced threat intelligence and analytics, and offering flexible and customizable policies that cater to the unique needs of their clients. By staying agile and responsive to market demands, cyber insurance providers can differentiate themselves and seize the significant growth potential in this dynamic market.

What will be the Size of the Cyber Insurance Market during the forecast period?

Request Free SampleThe market continues to experience significant growth as businesses increasingly recognize the need to mitigate risks associated with cyber threats. According to recent industry reports, The market is projected to reach substantial size by 2026, driven by the increasing adoption of cloud computing, Internet of Things (IoT), and remote working. Cyber criminals continue to target organizations through various means, including data breaches, internet-based attacks, and IoT malware. Consequently, there is a growing demand for cyber insurance policies that provide coverage against financial losses resulting from these threats. Large enterprises are leading the charge in purchasing cyber insurance, recognizing the potential financial and reputational damage that can result from a cyber attack. IT infrastructure and information policies are critical components of cybersecurity, and cyber insurance can help organizations manage risks in these areas. Virtual private networks (VPNs) and other security measures are also important considerations for businesses seeking to protect their digital assets. Cybersecurity ventures and technology companies, such as SonicWall Cyber Threat Intelligence and SonicWall Capture Labs, play a crucial role in identifying and mitigating cyber threats. Information governance and cybersecurity best practices are essential for businesses to effectively manage their cyber risk and reduce the likelihood of a breach. Overall, the market is expected to remain a dynamic and evolving sector as businesses continue to grapple with the complexities of cybersecurity in an increasingly interconnected world.

How is this Cyber Insurance Industry segmented?

The cyber insurance industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. TypeLarge enterprisesSmall and medium-sized enterprisesSolutionStandalonePackagedGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKAPACChinaIndiaJapanSouth AmericaBrazilMiddle East and Africa

By Type Insights

The large enterprises segment is estimated to witness significant growth during the forecast period.Large enterprises are increasingly vulnerable to cyber threats due to their size, complex IT infrastructure, and valuable data. Cyber insurance has emerged as a crucial risk management tool for these organizations, providing financial protection against data breaches, ransomware attacks, phishing scams, and other cyber incidents. According to Munich Re experts, The market is expected to reach USD20.4 billion by 2027, driven by the growing number of cyber threats and the increasing awareness of the need for risk mitigation. Cyber criminals continue to target large enterprises, exploiting vulnerabilities in cloud computing, Internet of Things (IoT), and Operational Technology (OT) systems. In 2023, SonicWall Cyber Threat Report identified over 10 million IoT malware attacks and 1.5 billion phishing attacks. Cyber ILS, a cyber catastrophe bond, and crypto insurance services have gained popularity as additional layers of protection against cyber risks. Large enterprises are investing in AI-

Check out Market Research Intellect's Cybercrime And Security Market Report, valued at USD 202 billion in 2024, with a projected growth to USD 400 billion by 2033 at a CAGR of 8.4% (2026-2033).