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.

According to a survey conducted in August 2024, more than ** percent of companies in Japan had experienced cybercrime damages within the past 12 months. The same survey showed that targeted e-mail attacks and computer viruses were the most common cybercrime damages experienced by companies.

A September 2023 survey of American adults found that the most frequently experienced type of financial cybercrime was credit card fraud, reported by roughly 64 percent of respondents. The breach of financial data was ranked second, followed by account hacking.

In 2018, the National Gendarmerie in France had reported around 68 thousand cybercrimes. From these, the source has provided an in depth ananlysis of the different types of cybercrimes and which ones were the most common in France in 2018. That year, most of the cybercrimes (75 percent) consisted of fraud. Identity theft was the second most common crime, yet around 70 percent less occuring than fraud.

According to a survey conducted in August 2024, more than 29 percent of companies in Japan were affected by targeted e-mail attacks within the past 12 months. While about one fifth of companies had detected computer viruses without being infected, more than three percent had been infected with a virus at least once. The same survey showed that the share of companies that had experienced cybercrime damages within the past 12 months amounted to more than 46 percent.

According to a survey conducted in Israel in 2023, the most common cybercrime incidents reported by respondents were information theft and/or unauthorized distribution of information, at **** percent. Identity theft was the second most frequent cybercrime, at **** percent. Other common cybercrime incidents included computer offenses and extortion.

Between 2010 and 2023, the worldwide automotive industry saw many cyber-related challenges. The industry's most common outcome of cyber crime was service and business disruption, such as delays or halts in production, caused by a cyber attack, which occurred 42 percent of the time of a cyber incident. Data and privacy breach was the second-most common impact of cyber attacks, with 22 percent of the total effects. Fraud and Vehicle theft were other typical outcomes of cybercrime in the automotive industry.

In 2023, network intrusion was the most common type of cybercrime attack experienced by companies in the United States, accounting for ** percent of incidents. Business e-mail compromise (BEC) ranked second, with ** percent of data security incidents in U.S. companies. A further ** percent of companies reported having encountered inadvertent disclosure.

In 2024, individuals aged 60 and older in the United States filed more than ****** complaints about phishing cases. Approximately ****** victims reported incidents of personal data breach. ********* was also frequently encountered by victims aged 60 and older in the measured year. Overall, the number of complaints about cryptocurrency crimes almost ******* compared to 2023.

Market Summary of V2X Cybersecurity Market :

• The Global V2X Cybersecurity Market size in 2023 was XX Million. The V2X Cybersecurity Market Industry's compound annual growth rate (CAGR) was XX% from 2024 to 2031. • The market for passenger automobiles is expanding as a result of an increase in Channel Denial of Service (DoS), a deliberate disruption of the electromagnetic channels used for V2X communication by malevolent bots. • An increase in cyber crimes and V2X Technology provides road safety which drives the market growth.
• To safeguard the communication channels and guarantee the integrity and safety of linked automobiles, this is where V2X cybersecurity comes into play. One cannot stress the importance of V2X cybersecurity as they approach the age of driverless cars and smart cities. • The dominating region is North America. The market is gradually growing in North America because of the automotive industry's quick technological improvements, the substantial sales of autonomous vehicles, and encouraging government programs for smart transportation networks

Market Dynamics of the V2X Cybersecurity Market:

Key Drivers of the V2X Cybersecurity Market

An increase in cyber crimes in the automotive market drives the growth of V2X Cybersecurity.

There are more prospects of crime as a result of vehicles being more connected and telematics services being used in cars more frequently. Due to their dependency on connectivity, cars are more susceptible to cybercrimes and attacks while are operating. There is an increase in several such attacks. For Instance, According to Statista, The global automotive industry faced numerous cyber-related challenges between 2010 and 2023. 42 percent of cyber incidents resulted in service and business interruption, such as production delays or halts, which was the most typical consequence of cybercrime in the industry. At 22% of all consequences, data and privacy breaches were the second most frequent consequence of cyberattacks. Other common results of cybercrime in the automobile sector were fraud and vehicle theft.(Source: https://www.statista.com/statistics/1374694/automotive-industry-cyber-crime-impact-by-type/#:~:text=Between%202010%20and%202023%2C%20the,time%20of%20a%20cyber%20incident.)Attacks occur in the same ways as on the phone, the attacker sends a code that appears to be an entertainment file. This unlocks the vehicle or connects it to the IVI system already. The owner of the phone then mistakenly unlocks the entertainment file or code, giving the attacker access to the device's content to use as they choose. Attackers may try to tamper with the ADAS's sensors (cameras, radar, lidar) to provide the system with misleading information. As a result, a car may make poor decisions that could result in accidents. Furthermore, a denial-of-service attack could interfere with the regular operation of ADAS by interfering with the sensors in the car with too much traffic, which could impair safety features. The government is currently implementing steps to prevent this kind of attack. For Instance, In June 2020, a working group of the Sustainable Transport Division of the United Nations Economic Commission for Europe (UNECE) introduced WP.29, known as the World Forum for Harmonisation of Vehicle Regulations. To lower the dangers to passenger vehicles' cybersecurity and prepare the way for connected vehicles, it has enacted a new international standard for automotive cybersecurity. For new passenger cars sold in the European Union and several other nations, the rule establishes cybersecurity and software update management performance and audit requirements.(Source: https://www.immamotorcycles.org/wp-29-adopts-amendments-to-un-regulation-no-78-and-gtr-no-3-to-update-and-harmonize-motorcycle-braking-requirements/#:~:text=A%20major%20step%20forward%20was,78%20and%20GTR%20No.)Hence, the cyber attacks that are growing in the world drive the market for V2X Cybersecurity Market.

V2X Technology provides road safety which drives the market growth. 

Real-time communication between cars, infrastructure, and pedestrians is made possible by V2X, which also gives useful information about other cars, potential collisions, and risks. This can improve the performance of advanced driver-assi...

Introduction

Identity Theft Statistics: Identity theft stands as one of the most prevalent and harmful cybercrimes in today’s technology-driven world. It refers to the unlawful use of someone’s personal or financial details to carry out fraudulent activities. With the expansion of digital transactions and cloud-based platforms, the likelihood of such crimes is steadily increasing.

Cybercriminals rely on methods like phishing, data leaks, impersonation, and social engineering to steal sensitive information. In India, the swift uptake of digital services has made individuals more susceptible to identity-related scams. These scams often involve fraudulent KYC processes and unauthorized access to mobile financial applications.

To counter this rising threat, there is a critical need for stronger cybersecurity protocols, greater public awareness, and robust regulatory enforcement.

In 2021, there were 18,068 online cheating cases reported in Singapore, making it the most common type of cybercrime committed in the country. Cybercrime made up 48 percent of all crime in Singapore in that year.

In 2024, individuals over the age of 60 accounted for the highest number of recorded cybercrime victims in the United States. According to the latest data, more than 147,000 people reported cyber crimes in the year examined. The second-most targeted were individuals between 40 and 49 years, with over 112,000 complaints.

Ransomware File Decryptor Market Outlook

The global ransomware file decryptor market size is anticipated to grow from USD 1.2 billion in 2023 to USD 4.8 billion by 2032, reflecting a compound annual growth rate (CAGR) of 16.5% during the forecast period. This robust growth is primarily driven by the increasing frequency and sophistication of ransomware attacks, compelling organizations across various sectors to invest substantially in ransomware file decryptor solutions.

The proliferation of ransomware attacks has surged dramatically over the past few years, becoming one of the most prevalent and damaging types of cybercrime. The increased reliance on digital platforms and remote work arrangements has expanded the attack surface for cybercriminals, making organizations more vulnerable. This heightened threat landscape is a significant growth factor for the ransomware file decryptor market, as businesses seek to mitigate the risks associated with data breaches and financial losses. Moreover, the rising volume of sensitive data being stored and transmitted electronically necessitates robust cybersecurity measures, further propelling market growth.

Another pivotal growth driver is the stringent regulatory environment that mandates data protection and cybersecurity compliance. Governments and regulatory bodies worldwide have implemented rigorous data security laws such as the General Data Protection Regulation (GDPR) in Europe and the California Consumer Privacy Act (CCPA) in the United States. These regulations compel organizations to adopt comprehensive cybersecurity frameworks, including ransomware file decryptor solutions, to avoid hefty fines and legal repercussions. Additionally, the increasing awareness among enterprises about the financial and reputational damage caused by ransomware attacks is fostering the adoption of these solutions.

The rapid advancement in ransomware attack techniques, including the use of artificial intelligence and machine learning by cybercriminals, further necessitates the adoption of advanced ransomware file decryptor tools. Organizations are increasingly recognizing the need for proactive and reactive measures to counteract these sophisticated threats. Innovations in cybersecurity technologies, including the development of more effective and efficient decryption tools, are also contributing to market expansion. The integration of AI and machine learning in ransomware file decryptors is enhancing their capability to counteract evolving ransomware strains, thereby driving market growth.

Regionally, North America holds a significant share in the ransomware file decryptor market, driven by the high incidence of ransomware attacks and stringent regulatory frameworks. The presence of major cybersecurity vendors and the early adoption of advanced cyber defense solutions in the region further bolster its market dominance. Europe also represents a substantial market share, attributed to the stringent data protection regulations and the increasing frequency of cyberattacks. The Asia Pacific region is expected to witness the highest CAGR during the forecast period, fueled by the rapid digital transformation, increasing cyber threats, and growing investments in cybersecurity infrastructure.

Component Analysis

The ransomware file decryptor market can be segmented by component into software and services. The software segment comprises various types of decryption tools designed to unlock files encrypted by ransomware. These solutions are increasingly sophisticated, utilizing advanced algorithms and machine learning techniques to identify and reverse the encryption methods used by ransomware. The demand for software solutions is driven by their efficiency, ease of deployment, and the ability to provide rapid decryption, minimizing downtime and data loss. As ransomware attacks become more advanced, the continuous development and innovation in decryption software are essential to keep pace with emerging threats.

On the other hand, the services segment includes professional services such as incident response, consulting, and managed security services. These services are crucial for organizations that lack the in-house expertise to deal with complex ransomware attacks. Incident response teams provide immediate support to organizations under attack, helping to contain the breach, assess the damage, and recover data using decryption tools. Consulting services offer strategic guidance on cybersecurity practices and help organizations develop robust defense mechanisms. Managed security services provide ongoing monitoring and threat detection, ensuring cont

In recent years, the automotive industry has become one of the most targeted sectors of cyber criminals. In 2023, nearly all cyber attacks in the car manufacturing sector, 95 percent, occurred remotely. The rest of the incidents reported during the examined period were physical and happened on-site.

As of 2023, Internet of Things (IoT) devices were the most common targets of external cyberattacks, with 33 percent of such devices encountering cyberattacks. Employee and corporate-owned mobile devices ranked second, with 28 percent, while corporate-owned computers ranked third, with 27 percent seeing external cyberattacks./p>

Identity Protection Services Market Outlook

The global market for identity protection services is poised to reach a market size of $12.5 billion in 2023, and is forecasted to grow to $32.1 billion by 2032, driven by a compound annual growth rate (CAGR) of 10.8%. This growth is primarily fueled by the increasing incidences of identity theft and cybercrime, alongside growing consumer awareness and stringent regulatory requirements.

One critical growth factor of the identity protection services market is the escalating frequency of cyber threats and data breaches. Organizations and individuals are increasingly becoming targets of sophisticated cyber-attacks, causing substantial financial losses and reputational damage. Consequently, there is a rising demand for comprehensive identity protection solutions that can safeguard sensitive information and prevent unauthorized access. This heightened need for cybersecurity measures is anticipated to significantly bolster the market growth in the coming years.

Another driving force is the increased adoption of digital services and online transactions, which has paved the way for new vulnerabilities and exploitation methods by cybercriminals. With the proliferation of e-commerce platforms, online banking, and digital healthcare services, the volume of sensitive personal data being exchanged over the internet has surged. This has led to a parallel rise in demand for identity protection services that can provide robust security against potential threats, ensuring the integrity and confidentiality of digital transactions and personal information.

Furthermore, the implementation of stringent regulatory frameworks and compliance standards across various regions is catalyzing the growth of the identity protection services market. Governments and regulatory bodies around the world are enacting legislation that mandates organizations to adopt advanced security measures to protect consumer data. This regulatory pressure is compelling businesses to invest heavily in identity protection solutions, thereby driving market expansion. Additionally, growing consumer awareness about the potential risks of identity theft and the availability of protection services is contributing to market growth as individuals seek to safeguard their personal information.

From a regional perspective, North America currently dominates the identity protection services market, driven by the high adoption rate of advanced cybersecurity solutions and a mature regulatory environment. The region's robust technological infrastructure and significant investments in R&D are further supporting market growth. However, the Asia Pacific region is expected to witness the highest growth rate during the forecast period, attributable to increasing digital transformation initiatives, rising internet penetration, and growing awareness about cybersecurity threats in emerging economies such as India and China.

Service Type Analysis

Within the identity protection services market, the various service types play a crucial role in addressing different security needs. Credit monitoring services are among the most sought-after, given the increasing incidences of financial fraud and identity theft. Credit monitoring services provide real-time alerts and updates on any changes in an individual's credit report, helping to detect unauthorized activities promptly. The rising consumer awareness about credit safety and the need to maintain a healthy credit score are significant factors driving the growth of this segment.

Identity theft monitoring services offer another layer of security by tracking personal information across multiple channels, including the dark web, social media, and public records, to identify any potential threats. These services are becoming increasingly popular as cybercriminals employ more sophisticated methods to steal personal data. The rise in digital payment methods and online transactions has further increased the demand for identity theft monitoring solutions, as individuals and businesses seek comprehensive protection against potential breaches.

Identity restoration services are crucial for mitigating the consequences of identity theft. These services provide assistance in recovering stolen identities, rectifying credit reports, and managing the legal processes associated with identity theft claims. The growing complexity of identity theft schemes has made it more challenging for individuals to restore their identities independently, thereby driving the demand for professional identity restoration services. T

In the first half of 2022, more than 40 percent of compromised information in automotive industry cyber attacks was consumer data. Company-sensitive and internet credential information were also among the most frequently compromised data types. Intellectual property was also known to be often targeted by cybercriminals.

As of January 2023, phishing, spear phishing, or smishing were the most common types of cyberattacks in France, with around *** in ** companies encountering it. The exploitation of a vulnerability ranked second, with ** percent. The third most common cyberattack was denial-of-service attack (DOS), detected by ** percent of the respondents.

DeFi has attracted legitimate investors and scammers alike. The paper presents an empirical investigation into the prevalence of rugpulls, a scam where cryptocurrency project developers exit without fully delivering and leave investors in the wind. Using forum data, 101 rug- pulls from 6 different types of DeFi services are documented. ICOs form the majority of the rugpulls, most of which were active for less than six months before scamming out. ICOs rugpulled in 2021 were active for a much longer time than those that were rugpulled later on, perhaps pointing to new entrants intending to pull the rug. Through qualitative thematic analysis, we discover that these schemes primarily use authoritative and financial lures at the announcement stage of the project to mimic legitimate projects.