Cybercrime victims lose an estimated $1.24 trillion a year 

Comparitech researchers have published an update to their 2023 study on the cost of cybercrime globally. The new study sees a significant increase in the annual estimated monetary impact of cybercrime — now at $1.24 trillion versus 2023’s figure of $714 billion. 

Key findings include: 

  • 103.9 million people fall victim to cybercrimes globally each year, or more than 1,577 victims per 100,000 people
  • The average victim loss is $9,468 per crime
  • Victims lose an estimated $1.24 trillion to cybercrime annually
  • The United States showed the biggest estimated losses at 6.7 million victims losing an estimated $138.9 billion

For full details, click here.

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