Cybercrime Reports Surge as Cyberspace Turns Into a ‘Battleground,’ Report Shows

A hooded man holds a laptop computer as cyber code is projected on him in this illustration picture taken on May 13, 2017. Kacper Pempel/Illustration/Reuters

Cybercrime is on the rise, with over 76,000 cybercrime reports in the 2021-22 year, a jump of nearly 13 percent from the previous period.

This is equivalent to one report every eight minutes, compared to every seven minutes in the last financial year, says the Australian Cyber Security Centre (ACSC) in its annual cyber threat report released on Nov. 4.