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30+ Concerning Cybercrime Statistics [2026]: The Cost, Trends + Facts

By Jack Flynn
Feb. 7, 2023
Last Modified and Fact Checked on:

Research Summary: When envisioning a large-scale robbery, many might picture a group of masked criminals storming a bank. However, the reality is that cybercrime has resulted in over $8 trillion in losses globally as of 2022, highlighting the significant and often unseen threat it poses.

Cybercrime’s stealthy nature allows hackers to operate undetected while stealing sensitive information, leaving no individual or organization safe from its reach.

To better understand the escalating issue of cybercrime, we’ve compiled a comprehensive collection of statistics. Our research reveals:

  • 23% of Americans (almost one in four) have fallen victim to cybercrime.

  • 54% of companies have faced a cyberattack in the past year.

  • The average cost of a data breach stands at $4.35 million as of 2022.

  • 88% of professional hackers can breach an organization in less than 12 hours.

For further analysis, we categorized the data as follows:
General | Types | Cost | Victim | Over Time | Location
individuals impacted by cybercrime over time

General Cybercrime Statistics

Understanding the prevalence of cybercrime requires a look at some essential facts about its current state:

  • A new cybercrime victim emerges every 37 seconds.

    In the time it takes to read this article, an estimated eight individuals will have fallen victim to cybercrime. Ransomware attacks are even more frequent, occurring approximately every 11 seconds.

  • 86.2% of organizations have experienced a successful cyberattack.

    In contrast, only 61.9% of organizations faced successful cyberattacks in 2014. This upward trend has been consistent for several years.

    organizations hit by successful cyber attacks over time

    Year Share of organizations hit by a successful cyber attack
    2014 61.9%
    2015 70.5%
    2016 75.6%
    2017 79.2%
    2018 77.2%
    2019 78.0%
    2020 80.7%
    2021 86.2%
  • Cybercrime cost the US $6.9 billion in 2021 alone.

    By 2022, the average cost of a data breach in the US rose to $9.44 million, significantly higher than the global average, indicating that numerous breaches are affecting organizations across the country each year.

  • Global cybercrime costs reached an estimated $8.44 trillion in 2022.

    This figure is projected to soar, with estimates suggesting it will hit $23.84 trillion by 2027.

    Year Annual cost of cybercrime
    2018 $860B
    2019 $1.16T
    2020 $2.95T
    2021 $5.99T
    2022 $8.44T
    2023* $11.50T
    2024* $14.57T
    2025* $17.65T
    2026* $20.74T
    2027* $23.82T
  • Global annual spending on cybersecurity reached $150 billion in 2021.

    This marked a 12.4% increase from the previous year and is expected to rise as cybercrime continues to escalate.

Types of Cybercrime

Cybercrime manifests in various forms, from phishing emails to advanced hacking techniques. Here are some significant examples:

  • 323,972 US internet users fell victim to phishing attacks in 2021.

    Shockingly, 1.5 million new phishing websites are created every month, complicating efforts for users to avoid scams. Other prevalent cybercrimes include non-payment/non-delivery (82,478), personal data breaches (51,829), identity theft (51,629), and extortion (39,360).

    Type of cybercrime Number of reported crimes (2021)
    Phishing attacks 323,972
    Non-payment/non-delivery 82,478
    Personal data breach 51,829
    Identity theft 51,629
    Extortion 39,360
    Confidence/romance fraud 24,299
    Tech support 23,903
    Investment 20,561
    BEC/EAC 19,954
    Spoofing 18,522
  • Business email compromises are the most financially damaging form of cybercrime, costing $2.396 billion in 2021.

    Other costly cybercrimes include investment fraud ($1.456 billion), confidence/romance fraud ($956 million), personal data breaches ($517 million), and real estate/rental fraud ($350 million).

    Types of cybercrime Annual cost (2021)
    Business email compromises $2.396B
    Investment $1.456B
    Confidence/romance fraud $956M
    Personal data breach $517M
    Real estate/rental $350M
    Tech support $348M
    Non-payment/non-delivery $337M
    Credit card fraud $173M
    Corporate data breach $152M
    Government impersonation $143M
  • Organized crime is responsible for 51% of data breaches.

    While organized criminals account for just over half of data breaches, they are responsible for up to 85% of all stolen data.

The Cost of Cybercrime on Business

The impact of cybercrime extends beyond financial losses; these attacks can cripple small businesses and bankrupt larger corporations, jeopardizing countless livelihoods. Key facts include:

  • 46% of cybercrime breaches affect businesses with fewer than 1,000 employees.

    Small and medium-sized businesses (SMBs) are particularly vulnerable, with 61% targeted in 2021.

  • 60% of small businesses shut down within six months following a cyberattack.

    This alarming statistic underscores the severity of cybercrime’s impact on small enterprises.

  • The average cost of a data breach increased by 2.6% from 2021 to 2022.

    In 2022, the average cost of a data breach was $4.35 million, reflecting a continuous upward trend.

  • 51% of small businesses lack any cybersecurity measures.

    Despite the threat, 36% of small businesses report being “not at all concerned” about cyberattacks, making them prime targets for hackers.

  • The Cam4 data breach of March 2020 exposed over 10.88 billion records.

    This breach is the largest on record, joining other significant breaches in the past decade:

    Data breach Number of exposed records
    Cam4 (Mar 2020) 10.88B
    Yahoo (2017) 3.00B
    Aadhaar (Mar 2018) 1.10B
    First American Financial Corporation (May 2019) 885M
    Verifications.io (Feb 2019) 763M
    LinkedIn (Jun 2021) 700M
    Facebook (Apr 2019) 533M
    Yahoo (2014) 500M
    Satwood (Nov 2018) 500M
    Adult Friend Finder (Oct 2016) 412M
  • It takes an average of 207 days for businesses to detect a data breach.

    While the average time to contain a breach is 70 days, the total lifecycle of a data breach averages 277 days.

Cybercrime Victim Statistics

Cybercrime not only impacts organizations but also individuals significantly. Here are some critical statistics regarding victims:

  • Identity theft resulted in $3.3 billion in fraud in 2021.

    This represents an 83% increase from 2019 when identity theft accounted for $1.8 billion in fraud.

  • 5.7 million individuals in the US were victims of identity theft and fraud in 2021.

    Annually, between 7%-10% of US citizens fall victim to identity fraud, with 21% of these individuals being repeat victims.

  • 75% of Americans are concerned about hackers stealing their personal information.

    Cybercrime is a significant worry for most Americans, with 73% being particularly concerned about identity theft, ranking higher than concerns about car theft, burglary, or mugging.

Cybercrime Over Time

Cybercrime has escalated over the years, especially as more individuals and businesses transitioned online. Here are some notable trends:

Year Data compromises Number of records exposed Individuals impacted
2013 614 91.98M
2014 783 85.61M
2015 785 169.10M 318.28M
2016 1,099 36.60M 2.541B
2017 1,506 198.00M 1.825B
2018 1,175 471.23M 2.227B
2019 1,279 164.68M 883.56M
2020 1,108 310.12M
2021 1,862 298.08M
  • 2018 saw 471.23 million records exposed.

    This year recorded the highest number of exposed records, with 2017 having only 198 million, representing only 47% of 2018’s total.

  • Data compromises peaked at 1,862 in 2021.

    This figure surpassed previous years, with 2017 (1,506) and 2019 (1,279) also showing high numbers. The trend for data compromises generally decreases as we look further back, with only 157 recorded in 2005.

  • cybercrime data compromises over time

  • 2.541 billion individuals were impacted by data breaches in 2016.

    Despite only 36.6 million records being exposed that year, a staggering number of individuals were affected, with 2.227 billion also impacted in 2018.

  • Ransomware attacks surged by 62% from 2020 to 2021.

    The average ransom payment also increased by 82% during this period, indicating a troubling trend in cybercrime.

  • An estimated 33 billion records will be stolen by cybercriminals in 2023.

    This marks a 50% increase from the estimated 22 billion records stolen in 2022, underscoring the persistent rise of cybercrime.

  • Cybercrime is projected to cost $10.5 trillion annually by 2025.

    The cost of cybercrime is anticipated to grow at a rate of at least 15% each year, escalating from $3 trillion in 2015 to an estimated $10.5 trillion by 2025.

Cybercrime by Location

The prevalence of cybercrime can vary significantly by location. Here are some noteworthy statistics:

  • The UK has the highest cybercrime density, with 4,783 victims per 1 million internet users.

    While the UK tops the list, the US ranks second with 1,494 victims per 1 million internet users. Other notable countries include Canada (174), Australia (102), and Greece (72).

    Country Victims/1M internet users (2021) Year-over-year change (2020-2021)
    United Kingdom 4,783 +40%
    United States 1,494 -13%
    Canada 174 +7%
    Australia 102 -22%
    Greece 72 -75%
    South Africa 52 +2%
    Netherlands 41 +50%
    France 33 +20%
    Germany 18 -9%
    Mexico 16 +14%
  • Denmark is the most cyber-safe country out of 75 surveyed.

    In Denmark, only 1.33% of mobile devices are infected with malware, and there are no reported cases of mobile banking or ransomware trojans. Other safe countries include Sweden, Ireland, Norway, and Finland.

  • Nevada has the highest cybercrime rate per capita in the US, with 523 victims per 100,000 people.

    Other states with high cybercrime rates include Iowa (297), Alaska (283), Florida (250), and Maryland (245).

    State Cybercrime victims/100,000 people (2021)
    Nevada 523
    Iowa 297
    Alaska 283
    Florida 250
    Maryland 245
    Delaware 229
    Washington 226
    Colorado 214
    Indiana 190
    Arizona 182
  • Mississippi has the lowest cybercrime rate per capita in the US, with only 83 victims per 100,000 people.

    Other states with low cybercrime rates include South Dakota (88), North Dakota (100), West Virginia (106), and Louisiana (109).

    State Cybercrime victims/100,000 people (2021)
    Mississippi 83
    South Dakota 88
    North Dakota 100
    West Virginia 106
    Louisiana 109
    Nebraska 112
    South Carolina 114
    Ohio 115
    North Carolina 117
    Alabama 118

Cybercrime FAQ

  1. How many cyber attacks occur daily?

    There are over 2,200 cyber attacks every day. This averages out to one attack every 39 seconds, meaning that if you took 10 minutes to read this article, approximately 15 cyber attacks would have occurred.

  2. How rapidly is cybercrime growing?

    Cybercrime is expanding at an average annual rate of 15%. This growth can be measured through various metrics, including financial losses and the volume of stolen records.

    For instance, cybercrime cost an estimated $3 trillion in 2015, but by 2025, it is projected to cost as much as $10.5 trillion. Additionally, the number of data compromises increased from 157 in 2005 to 1,862 in 2021.

  3. Where does the US rank in cybersecurity?

    The US ranks 31st out of 75 countries in cybersecurity. Tajikistan has the weakest cybersecurity (rank 1), while Denmark holds the top spot (rank 75). Factors influencing these rankings include:

    • % of mobile devices infected with malware (mobile & non-mobile)

    • % of users attacked by banking or ransomware trojans (mobile & non-mobile)

    • % of computers infected by at least one malware attack

    • % of mobile users attacked via web sources

    • % of telnet and SSH-based attacks by originating country (IoT)

    • % of attacks by cryptominers

    • % of all spam emails by originating country

    • % share of countries targeted by malicious mailings

    • % of computers attacked by phishing

    Despite being just below average in cybersecurity, the US sees the second-highest number of cyber attack victims per capita, at 1,494 per 1 million internet users.

  4. Who is the most frequent victim of cybercrime?

    Young women are the most common victims of cybercrime. This trend is twofold, as both women and young people are more likely to experience cybercrime. For example, women are 26% more likely to fall victim, with 54% of those aged 18-24 reporting experiences with cybercrime.

    Conversely, 47% of men are victims, with 53% of overall victims being female, while only 33% of those aged 55-64 report experiencing cybercrime.

  5. How often are cybercriminals apprehended?

    Cybercriminals are rarely caught. On average, less than 5% of hackers are apprehended, and only 0.3% of all reported cybercrime complaints result in enforcement.

    Challenges in policing cybercrime arise from the anonymity that hackers maintain online, and even if identified, many operate from different regions or countries, complicating international law enforcement.

Conclusion

The rise of cybercrime is alarming, with expectations of at least a 15% annual growth rate. Currently, 23% of Americans have experienced cybercrime, while 54% of companies have faced cyberattacks in the last year.

The financial repercussions are severe, with the average data breach costing $4.35 million as of 2022. Such costly breaches lead to 60% of small businesses shutting down within six months of an attack, affecting not just the businesses but also their employees and communities.

Regardless of your location, it is crucial to take proactive steps to safeguard your and your business’s data. Utilizing password managers and enhancing cybersecurity measures are essential steps to mitigate risks and protect against potential threats.

References

  1. Gallup – One in Four Americans Have Experienced Cybercrime

  2. University of North Georgia – Cybersecurity: A Global Priority and Career Opportunity

  3. Security – $4.35 million — The average cost of a data breach

  4. INFIMA – Every 11 Seconds

  5. CyberEdge Group – Cyberthreat Defense Report

  6. Statista – Average cost of a data breach in the United States from 2006 to 2022

  7. Statista – Cybercrime Expected To Skyrocket in Coming Years

  8. Statista – The Costliest Types of Cyber Crime

  9. Statista – Cyber crime categories that were reported most often worldwide in 2021, by number of victims

  10. Cybercrime Magazine – 60 Percent Of Small Companies Close Within 6 Months Of Being Hacked

  11. Statista – Number of compromised data records in selected data breaches as of August 2022

  12. Statista – Crimes Americans worry about most in 2022

  13. Statista – Annual number of data compromises and individuals impacted in the United States from 2005 to first half 2022

  14. Cyber Security Hub – The biggest data breaches and leaks of 2022

  15. Cybercrime Magazine – Cybercrime To Cost The World $10.5 Trillion Annually By 2025

  16. PC – Which Country Has the Most Cybercrime Per Capita? It’s Not the US

  17. Comparitech- Which countries have the worst (and best) cybersecurity?

  18. Security- State-by-State Breakdown of Cybercrime in America

Author

Jack Flynn

Jack Flynn is a writer for Zippia. In his professional career he’s written over 100 research papers, articles and blog posts. Some of his most popular published works include his writing about economic terms and research into job classifications. Jack received his BS from Hampshire College.

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