Cybercrime victims lose an estimated $714 billion annually

When it comes to cybercrime costs, astronomical figures are often involved. You’d be forgiven for thinking each country has in-depth reports on the subject and knows the cost of these crimes. However, as our report demonstrates, cybercrime is still severely underreported by police and government entities and the true monetary value remains largely unknown.

Our team of researchers examined the top 100 countries by GDP, looking at the cybercrime reports available and the figures and categories involved. We found figures for 77 countries, but only 16 reports of the monetary values involved.

Below, we explore what the true cost of cybercrime to victims may be, what each country’s reporting rate is, and how the cybercrime landscape has changed in each country.

Key findings

According to our estimates:

88.5 million fall victim to cybercrimes globally each year (this equates to over 1,096 victims per 100,000 people)
The average victim loss is $8,069 per crime
Victims lose an estimated $714 billion to cybercrime annually

Calculating the cost of cybercrime to victims

According to our estimates, more than $360.3 billion has been lost to cybercrime across the top 100 countries by GDP that we’ve covered. Globally, this amounts to $714 billion.

The countries with the biggest losses are:

United States: 5.3 million victims losing $42.9 billion
United Kingdom: 5 million victims losing $40.1 billion
Russia: 3.5 million losing $28.1 billion
China: 3.1 million losing $25 billion
Spain: 2.5 million losing $20.2 billion

Based on our estimate that 1,096.2 victims per 100,000 people fall victim to cybercrime each year and a world population of 8.072 billion, this amounts to 88.5 million victims of cybercrime globally. At a cost of $8,069 to each crime, this equates to a victim loss of almost $714 billion each year.

An astronomical figure, but, when we compare it to others quoted—experts anticipate the global cost of cybercrime to reach as much as $10.5 trillion in 2025—it’s a drop in the ocean. Our figures account for victim loss only. They do not take into account the various other factors we mention below.

How did we estimate the cost of cybercrime?

To try and estimate the cost of cybercrime for each country based on the reported figures available (those released by the police or government–not estimated by other entities or studies), it’s important we discuss the significant limitations of any cybercrime cost estimates.

First, the term “cybercrime” can entail a whole host of things. From an online data breach to a flurry of botnet attacks, the sheer scale of cybercrime is vast and, to some extent, unknown. While our study focuses less on automated, wide-scale attacks and more on targeted crimes that seek to exploit individuals, steal someone’s data, or illegally access computer systems or networks, there’s still a vast difference between each police or government report on cybercrime.

For example, the Dominican Republic recorded just 267 cybercrimes for ten months of 2022, while the US recorded 798,224 crimes throughout all of 2022. The US report features a variety of attacks such as BEC scams, ransomware, phishing campaigns, and investment scams. No breakdown is available for the Dominican Republic.

Second, cybercrimes are heavily underreported both in terms of victims reporting the crimes (the FBI and US Department of Justice suggest only 15 percent of cybercrimes are reported) and governments creating reports about cybercrime levels in their countries.

Third, different cybercrimes have vastly different average losses, from hundreds to thousands of dollars. We only need to look at the IC3’s latest report to see this. On average, victims of cybercrime lost $12,860. But victims of phishing scams lost $173, while victims of BEC/EAC scams lost more than 726 times this amount–$125,612.

These are three dramatically different figures. Figures may also vary depending on what the reporting entity includes within its losses and whether or not lost time, replacement computers, police time, recovery costs, and a whole host of other factors are added in.

However, if we focus on victim losses only (which all of the reports we’ve found focus on), we can create an “across-the-board” average for each country that encompasses a number of different cybercrimes. If we incorporate this with the other known figures across various different countries and reports, we can estimate a global average for the cost of cybercrimes. We use that average to create estimates for other countries and worldwide.

Here are the monetary figures we were able to find for 14 countries:

We also found figures for Ghana and Cameroon. In the first six months of 2023, Ghana lost 49.5 million GH₵ ($4.15 million USD) but no precise victim numbers are given. In 2021, Cameroon lost 12.2 billion CFA ($19.76 million USD) to cybercrime–but, again, we have no exact figures for this period.

Based on the figures we do have, we can calculate an average loss per cybercrime case for the countries where monetary values are unavailable. Using the average losses across the fourteen countries listed above, we calculate an overall average loss of $8,069 per case.

For countries where the number of cybercrimes is unavailable, we apply the average of 164.43 cases per 100,000 people to get a figure.

Then, we apply our estimated loss to the number of reported crimes in each country where a monetary value is unavailable. Finally, based on the fact that only 15 percent of cybercrimes are reported, this allows us to estimate that the real number of victims is actually almost 44.7 million, which equates to nearly 1,096.2 victims per 100,000 people.

This gives us a figure of $360.3 billion in victim losses across the top 100 countries by GDP we covered and $714 billion globally.

Which countries have seen the biggest increases or decreases in cybercrimes year on year?

According to the annual reports from the countries we’ve covered, we can see which countries have seen the biggest increases or decreases in the number of cybercrimes reported. Only those with reporting figures available for two consecutive years (within the last five years) have been included to ensure the most recent data is used.

The country with the largest increase is Indonesia with a staggering 1,343 percent year-on-year increase (from 2021 to 2022). There, crimes increased from 612 to 8,831. 3,372 of the cases (38%) related to data manipulation, followed by 2,131 cases of fraud (24%).

Three other countries also saw increases of 250 percent or more. These were:

Oman with an increase of 459 percent from 2,292 in 2020 to 12,812 in 2021
Panama with an increase of 409 percent from 156 in 2020 to 794 in 2021
Chile with an increase of 251 percent from 1,183 in 2019 to 4,153 in 2020

In contrast, ten countries saw decreases in their figures. The most significant decreases were:

Argentina with a decrease of 43 percent from 591 in 2021 to 335 in 2022
Bangladesh with a decrease of 40 percent from 875 in 2021 to 522 in 2022
Macau with a decrease of 36 percent from 531 in 2021 to 342 in 2022

Other countries with decreases were Israel (18%), New Zealand (8%), Germany (6%), Russia (6%), the US (6%), Kazakhstan (4%), and the Netherlands (1%). All of these decreases were from 2021 to 2022, too. In many cases, 2021 was an unprecedented year due to the pandemic.

Countries with the highest cybercrime reporting rates

The below figures are based on the number of cybercrimes reported per 100,000 people. It’s important to note here that this is not a country-by-country comparison of cybercrime rates. As we’ve seen, a country with a high number of reported cybercrimes isn’t necessarily suffering from a higher rate of cybercrimes than a country with a lower figure. Rather, the reporting system there may be more acute and the umbrella term “cybercrime” may include crimes that other countries don’t recognize or include in their statistics.

Based on the figures each reporting entity has received, the UK has the highest number of cybercrime victims per 100,000 people. With 745,000 reports to its population of just over 67.7 million that means 1,100 per 100,000 people may have reported cybercrime in 2022 (one person may have submitted more than one).

The other four countries in the top five are Spain (790 per 100,000 people), Austria (672 per 100,000 people), Singapore (560 per 100,000 people), and Finland (520 per 100,000 people).

Conclusion

When we analyze the monetary values involved and see the minimal amounts that tend to be recovered from cybercrime cases, it’s not hard to see why many criminals are eyeing up the cyber market. With such huge gains and little to no risk, it’s a win-win for cybercriminals and a lose-lose for the rest of us.

Furthermore, with the lack of transparency and reporting around these types of crimes, it is difficult to gauge the true extent of the problem. Many industry reports create astronomical figures that are difficult to comprehend, but until we’re able to see the real cost of these crimes on a country-by-country basis, cybercriminals will continue to have the upper hand. Lack of reporting will lead to a loss in victim confidence (and a reluctance to report the crime), gaps in the awareness of these types of crimes, and inadequate legislation and criminal procedures to hold cybercriminals to account.

A country-by-country breakdown of cybercrime figures

Below, you can see the latest reporting figures for each country we’ve covered. Stats include the year-to-year changes and the types of cybercrimes that are being reported.

Algeria

According to an Algerian security official, there were 4,600 cybercrime cases in 2022 compared to 2,838 in 2021–a 62 percent decrease
One month of 2023 had recorded 500 cases of cybercrimes alone, suggesting this year’s figures would exceed last years

Angola

1,209 cybercrimes registered up until the start of December 2022–a 12 percent increase on 2021’s total figure of 1,077
Over two years (2021/22), 1.137 billion kwanzas ($1.4 million USD) was lost across 2,280 cybercrimes

Argentina

CERT registered 335 cybersecurity incidents in 2022–a 43 percent decrease on 2021’s figure of 591
Fraud accounted for the majority of cases (244 or 73 percent)

Australia

Over 76,000 reports of cybercrime to the government/national police from July 2021 to June 2022–a 13 percent increase from the same time period a year earlier (over 67,500)
Approximately 27 percent of the reports related to fraud, 14 percent to online shopping, and 13 percent to online banking
Small businesses lost $39,555 to cybercrime on average, medium businesses lost $88,407, and large businesses lost $62,233
BEC scams saw huge losses of $98 million with an average loss of $64,000

Austria

60,195 cybercrimes reported to the government/federal police in 2022–an increase of over 30 percent from 2021 (46,179 cases)
20,378 crimes were solved in 2022–34 percent
More than 45 percent of cases (27,629) related to internet fraud, just over 5 percent of cases (3,424) to blackmail and just over 3 percent (2,061) to online child abuse

Bangladesh

522 reported incidents to the government in 2022–a decrease of over 40 percent from 2021 (875)
185 cases reported in 2023 so far, suggesting a significantly lower figure for this year

Belarus

25,561 cybercrimes reported to the government in 2020–a 143 percent increase from 2019 (10,539)
Additional 3,880 cases through the Kufar website (an eBay/Gumtree style website),. 102 of these were reported in the first half of 2020 but more than 97 percent were reported in the second half (3,778). A mere 126 were reported in 2019, demonstrating an increase of nearly 2,990 percent

Belgium

58,626 cases reported to national police in 2022–an increase of around 20 percent from 2021 (48,891 cases)
Over 83 percent of cases related to fraud (48,948) and over 9 percent (5,342) relate to hacking
Fraud cases increased by nearly 23 percent from 39,901 cases in 2021 to 48,948 cases in 2022

Bolivia

539 computer crimes reported to the Computer Crime Observatory between January and August 2020

Brazil

132,122 incidents reported in 2022–a 7 percent increase from 2021’s figure of 123,516*
140,079 incidents reported in 2023 (up to September), suggesting much higher figures for 2023
The vast majority of cases (aside from the below and ‘others’) relate to DoS attacks (70,517) and online fraud (34,899)
*In this update we removed ‘scans’ from the figures as these are unsuccessful attempts at things such as exploiting vulnerabilities and using brute force on passwords

Bulgaria

2,100 cybercrimes registered by the National Computer Security Incident Response Team (National CERT) in 2020–a 9 percent increase from 2019
47 percent of incidents related to fraud and 38 percent to malicious code (malware)

Cameroon

Cybercrime caused losses of 12.2 billion CFA ($19.76 million USD) in 2021
Scamming phishing accounted for 6 billion CFA in losses

Canada

74,073 cybercrime incidents reported to the national police in 2022–an increase of 3 percent from 2021 (71,727)
Nearly 50 percent of incidents related to fraud (36,839), just over 10 percent related to child porn (7,435), and nearly 8 percent relate to indecent/harassing communications (5,583)

Chile

4,153 complaints of computer crimes in 2022–a 251 percent increase from 2021 (1,183)

China

The police dealt with 464,000 cases of IT-related fraud in 2022–a huge increase on 2020’s figure of 256,000
Authorities were also able to stop suspicious money transfers worth 318 billion yuan ($44 billion USD) from going to scammers

Colombia

65,794 cybercrime cases in 2022–an increase of 28 percent on the 51,579 cases registered in 2021
23,640 cases had been recorded up to May 2023
Online theft is the most reported crime, accounting for 9,573 cases (15%), followed by 4,705 cases of personal data theft, 4,610 cases of abusive access to computer systems, and 1,994 cases of impersonating websites
Police also responded to 5,620 reports of child sexual abuse material and illegal gambling, blocking 11,163 web pages

Costa Rica

12,581 cases relating to computer crimes in 2022–a 115 percent increase on 2021’s figures (5,845)
Computer fraud represents 96 percent of the cases over the last five years with 27,899 in total. In 2022, it accounted for 12,159 of the cases (97%)

Côte d’Ivoire

6,579 cases of cybercrimes reported in 2022–an increase of over 24 percent from 5,302 in 2021
Between 2009 and 2022 the declared amount lost to cybercrimes amounted to 65 billion FCFA ($106.47 million USD) across 30,029 crimes

Croatia

1,864 cases recorded in 2022–a 19 percent decrease on 2021’s figures (1,563)
In 2022, over 76 percent of cases related to computer fraud

Czechia

18,554 cases reported in 2022–a 95 percent increase from 2021
Cybercrime made up just over 10 percent of all registered crimes
2,575 of the reported crimes were hacking cases, increasing 53 percent from 2021

Denmark

27,066 IT-related financial crimes were reported in 2022–a 2.4 percent increase from 2021’s figures (26,427)
Commercial fraud accounted for the highest portion (39 percent) of crimes reported with 10,575 in total. This was followed by 4,297 cases of misused card information

Dominican Republic

The cybersecurity incident response team dealt with 267 cases in the first ten months of 2022–and increase on 2021’s overall total of 177

Ecuador

22,569 cases reported in from January to August 2022, marking a probable increase from 2021’s figure of 23,968
72 percent of cases related to online scams

Estonia

2,672 cybercrime incidents ‘with impact’ were registered by CERT in 2022, following 27,115 submitted reports. This was an increase of 19.5 percent on 2021 (2,237)
A large fourfold increase in DoS attacks was noted with 302 in total but phishing accounted for the majority of cases (1,206–45%)

Finland

28,820 cybercrimes reported in 2020/21–up from 21,184 in 2019/20 (36% increase)
Around 20,600 cases of online fraud were registered and over 4,400 cases of identity theft
The criminal benefit of some of the biggest online frauds was around €30 million EUR ($32.05 USD)

France

67,890 cybercrimes reported in 2018
The majority of these (75 percent) were fraud

Germany

136,865 cases of cybercrime reported in 2022–a 6 percent decrease on 2021’s figure (146,363)
In 2022, 107,165 (78.4%) related to computer fraud and 13,206 (9.6%) related to spying on data
A recent survey put the losses to cybercrime in 2022 at €203 billion EUR ($217 billion USD) but this was estimated and no figures for the number of crimes were available

Ghana

41,285 cases registered from October 2019 to July 2023
49.5 million GH₵ ($4.15 million USD) was lost in the first six months of this year

Greece

5,148 cybercrime cases handled in 2020–up by 14 percent on 2019
Most of the cases related to illegal money transfers

Guatemala

639 cybercrimes reported from January to June 2022
893 cases reported in 2021

Hong Kong

22,797 cybercrimes reported to police in 2022, rising by 41 percent from 2021 (16,159)
86 percent of cybercrimes are ones that arise from investments, shopping, romance, and jobs scams
The amount lost to these crimes in 2022 reached $3.2 billion HKD ($410 million USD)
7,301 cases in the first three months of 2023
CERT also recorded 40,366 cyber incidents in 2022. Most of these (26,554–66%) related to phishing–some of these incidents may have been referred to the police

India

52,974 cybercrimes reported in 2021–a 6 percent increase from 2020 (50,035)
Fraud made up the highest percentage (26%) of the crimes with 14,007 cases in total
Impersonation and identity theft also made up a large portion with 11,422 (22%) and 4,071 cases (8%) respectively
The amount lost to cybercrimes in 2020/21 reached 634 million INR ($7.61 million USD), increasing from 586.1 million INR ($7.04 million USD) in 2019/20

Indonesia

8,831 reports of cybercrime to the national police in 2022–a 1,343 percent increase from 2021 (612)
3,372 of the cases (38%) related to data manipulation, followed by 2,131 cases of fraud (24%)

Ireland

The Garda National Cyber Crime Bureau received 490 new cases in 2021, with an additional 431 cases being closed in the same year. New cases increased from 400 in 2022 and closed cases from 333
The majority of cases (244) related to child pornography
Research suggests cybercrime cost the Irish economy €9.6 billion EUR ($10.3 billion USD) in 2020

Israel

9,108 cases of verified cyber incidents were reported in 2022–an 18 percent increase from 2021
31 percent of the crimes were phishing attempts, 26 percent were hacking social media accounts, and 18 percent were malware

Italy

57.9 cybercrimes were reported per 100,000 people in 2022. With a population of 58.9m, this equates to around 34,086 crimes
The rate reported in 2021 was 37.3 per 100,000 people. With a population of 59.11 million in 2021, this equates to around 22,048 crimes

Japan

12,209 cybercrimes recorded in 2021–a 24 percent increase from 2020 (9,875)

Jordan

16,027 cases registered in 2022–a six-fold increase over the last eight years
The majority of cases (3,769 or 24%) related to defamation and slander

Kazakhstan

20,600 cybercrimes registered in 2022–a 4 percent decrease on 2021’s figure of 21,400
The cost of the crimes in 2022 exceeded 20 billion KZT ($42.96 million USD)
Online scams accounted for over 35 percent of cybercrimes

Kenya

CERT was asked to help in 1,293 cases throughout 2022/23–up from 947 in 2021/22
Impersonation is often the most reported crime, followed by online fraud and online abuse

Kuwait

22,000 cases of cybercrime were recorded from January 2022 to March 2023
12 million KWD ($38.9 million USD) was lost from January to March of this year, with 50 million KWD ($162 million USD) lost over the 15-month period

Lithuania

5,309 criminal acts in the cyberspace were reported in 2022–a 110 percent increase from 2021’s figures
4,080 cases in 2022–eight lower than 2021(4,088). Damaged IPs were the most common crimes (1,795), followed by information gathering (1,005). These cases may then be referred to the police

Luxembourg

Over 1,500 cybercrimes recorded in 2020

Macau

342 cases reported in 2022–a 36 percent decrease from 2021 (531)

Malaysia

11,367 cybercrime cases were reported to the Royal Malaysian Police (PDRM) from January to July 2022
4,912 Macau scams (people posing as government officers) saw losses of RM199.8 million ($42.25 million USD), 5,397 e-commerce scams saw losses of RM71.6 million ($15.14 million USD), 543 financial fraud/phishing saw losses of RM40.5 million ($8.56 million USD), and 39 app scams saw losses of RM721,728 ($152,601 USD)

Mexico

16,074 support requests for cybercrime registered to the Security Line and Trusted Chat in 2022–a 133 percent increase on 2021’s figure of 6,910

Morocco

5,623 cybercrime cases were reported in 2022–a 5 percent increase from 2021 (5,366)

Myanmar

780 cybercrimes reported in 2018–a 42 percent increase from 2017 (550)

Nepal

6,297 cybercrimes lodged in fiscal year 2022/23–a 174 percent increase on the figures from 2020/21 (2,301)
Most of the recorded crimes (over the last four years) are linked to Facebook (29%)

The Netherlands

13,995 cybercrimes reported in 2022–a 1 percent decrease from 2021 (14,176)
9,520 cases have been recorded from January to September 2023–a nine percent decrease on the same period in 2022 (10,411)

New Zealand

8,160 incidents reported to CERT in 2022–an eight percent decrease from 2021 (8,831)
Phishing and credential harvesting made up the most reports with 4,315 in total (53%), followed by scams and fraud reports (2,296 or 28%) and unauthorized access (931 or 11 percent)
22 percent of reports suffered financial loss, with a total value of $20 million NZD ($11.63 million USD)
Scams involving unauthorized money transfers saw losses of $5.9 million NZD, followed by $3.3 million NZD lost to dating and romance scams and $3.1 million NZD to new job or business opportunities

Oman

12,812 cybercrimes recorded in 2021–up from 2,292 in 2020 (459 percent increase)

Panama

794 cybercrimes registered in 2021–a 409 percent increase from 2020 (156)
Up to July 2022, the Attorney General’s Office had seen an increase of 421 percent

Paraguay

1,952 cases registered from January to November 2022–up from 1,536 throughout all of 2021
Spam and system compromises made up the most cases over the last ten years

Peru

18,596 cases of cybercrimes were investigated in 2021–a 92.9 percent increase from 2020’s figure (approx. 9,640)
Computer fraud accounted for the most cases, followed by identity theft

The Philippines

16,297 cybercrimes were registered from January to August 2023
Filipinos lost 155.2 million PHP ($2.78 million USD) across 8,609 scams
Online selling scams were the most reported crimes with losses of 68.9 million PHP ($1.23 million USD)

Poland

CERT registered 39,683 cybersecurity incidents in 2022–up by 35 percent from 2021 (29,483)
The majority of incidents (35,009 or 88 percent) related to fraud
CERT recorded 322,479 cybersecurity incidents but only registered the above figure for ones it considered an incident

Portugal

23,409 computer crimes were registered by the national police in 2022–a 6 percent increase on 2020’s figures (22,076)
Most of the crimes reported to the police (21,374 or 91 percent) related to fraud
1,781 cases were registered by CERT.PT in 2021–a 20 percent increase on 2020’s figure of 1,418 (these cases may then be referred to the police).
The majority of cases reported to CERT (43 percent), with 613 in total, related to phishing attacks

Puerto Rico

2,720 people were victims of cybercrime in Puerto Rico in 2022 which amounted to losses of $47,424,485 USD–a 41 percent increase in victims (1,923 in 2021) and a 224 percent increase in the amount lost ($14,650,062 in 2021)
Average losses per victim were $17,435 in 2022
The biggest monetary losses–$32.4 million USD–were to personal data breaches. With just 294 victims, that’s an average loss of $110,200

Romania

5,458 cybercrimes registered in 2022–an 8 percent increase on 2021’s figures (5,052)

Russia

More than 522,000 IT crimes registered in 2022. More than 272,000 were classified as ‘serious’ or ‘especially serious’ and only 22-24 percent of all IT crimes were solved
A 5.6 percent decrease in IT crimes was noted from 2021 to 2022
205,200 IT crimes were reported from January to April 2023–25.3 percent more than the same period of 2022

Singapore

33,669 cybercrime cases reported in 2022, up from 26,886 in 2021–a 25 percent year-on-year increase
Scams accounted for 94.2 percent of the cases
$660.7 million SGD lost to these scams ($482.25 million USD). This was an increase of 4.5 percent on 2021’s figure ($632 million SGD)

Slovenia

4,123 cybersecurity incidents investigated in 2022–a 30 percent increase from 2021’s figure (3,177)
1,432 of the crimes were phishing incidents. This was an increase from 950 in 2021 (51 percent)

South Korea

230,355 cases of cybercrime reported to the police in 2022–an increase of 6 percent on 2021’s figures (217,807)

Spain

375,506 cybercrime cases registered in 2022–a 23 percent increase from 2021’s figures (305,477)

Sri Lanka

18,214 cybercrimes reported in 2021–an increase of over 11 percent from 2019 (16,376)
16,975 of those reported related to social media crimes (93%)

Switzerland

33,345 cybercrimes reported to the police in 2022–a 10 percent increase on 2021’s figure of 30,351
Of these, the majority (67 percent) related to fraud. With 22,207 cases of digital fraud, cybercrimes accounted for 92 percent of all fraud crimes carried out in the country

Taiwan

16,128 cybercrimes registered by the government–up from 12,195 (32%)

Tanzania

4,850 cybercrimes reported to the government, rising from 3,514 in 2019 (38% increase)
Theft was the highest reported cybercrime, making up 61 percent of the cases (2,963)

Thailand

From March 2022 to May 2023, the police registered 296,243 cases totalling nearly 40,000 million BHT ($1.1 billion USD)

Turkey

In 2022, the police logged 287,470 offences related to data processing systems–up from 123,245 in 2021 (133%)

Uganda

286 cybercrimes reported in 2022–an 11 percent increase on 2021’s figures (258)
Cybercrimes led to a loss of 19,209,798,000 UGX ($5.1m USD) in 2020. 16,790,000 UGX ($4,442 USD) was recovered

United Arab Emirates

25,841 cybercrimes were reported to Dubai Police in 2020–an 85 percent increase from 2019 (14,000)
UAE residents are directed toward ecrime.ae to report crimes, which is where the above figures are derived from

United Kingdom

745,000 cases of ‘computer misuse’ noted from various sources — Action Fraud, NFIB, Cifas, and UK Finance from March 2022 to March 2023
343,615 fraud and cybercrime cases recorded by the police resulted in losses worth £3.4 billion ($4.15bn USD)
A cybersecurity survey also estimated that there had been 2.39 million cases of cybercrime across UK businesses and 49,000 instances of fraud across the same period (2022/23). It also suggested there had been 785,000 cases of cybercrime across UK charities

United States

798,224 cybercrime complaints were received in 2022–a 6 percent decrease from 2021’s figures (845,453)*
Phishing/vishing/smishing/pharming accounted for the largest chunk of these complaints–38 percent of the total. This was followed by personal data breaches which accounted for 7 percent of the total
$10.3 billion lost to these cybercrimes in 2022–a 49 percent increase on 2021s figure ($6.9 billion)
Investment scams saw the most money lost, accounting for around 32 percent of the total losses with $3.3 billion in total

*Excludes Puerto Rico as this is listed separately

Uruguay

4,169 cyber incidents reported in 2022–a 6 percent increase on 2021’s figures (3,948)

Uzbekistan

Number of cybercrimes in the capital city, Tashkent, reached 4,332 in 2022. Up from 2,281 in 2021–a 90 percent increase
The majority of cases related to theft from bank cards–2,747
With a population in Tashkent of 2,573,758 in 2022, this creates a cybercrime rate of 106.73 per 100,000 people. If we extrapolate this across the population of Uzbekistan (35,163,944), this gives us a total crime figure of 37,530

Venezuela

1,156 complaints of identity theft, fraud, and cybercrime in 2019–a 43 percent increase from 2018

Vietnam

12,935 cases of online scams and fraud in 2022
First six months of 2023 saw a 64 percent increase on the same period in 2022

Data researcher: Rebecca Moody

Sources

For a full list of sources, please request access here.