Computer crime encompasses a broad range of activities, including computer fraud, financial crimes, scams, cybersex trafficking, and ad-fraud. This article will deal with cybercrime, more specifically with fraud, hacking, identity theft, malware, and ransomware.
- The global cost of cybercrime is expected to reach almost $14 trillion in four years, up from over $8 trillion in 2022, according to Statista.
- No entity is cyberattack-proof—for example, there was a major cyberattack on the U.S. Department of State in 2023.

Source: Statista Market Images