The Internet Society’s Online Trust Alliance (OTA) recently released its report about cyber crime statistics for 2018. These numbers, while startling, are only expected to continue their upward trend.
OTA’s report revealed that $45 billion dollars were stolen in 2018 using various methods, including ransomware, malware and phishing. According to CPO Magazine, the overall number of reported cyber attacks were down, meaning that many of these attacks are targeting specific victims.
Here are three important 2018 cyber crime statistics that were revealed in OTA’s report:
1. While the total number of ransomware attacks declined, monetary losses rose by 60%.
2. The loss of money through business email compromises rose by 200%.
3. Supply chain attack increased by 78%.
OTA is not the only organization releasing statistics about cyber crime: Statistics Netherlands recently published statistics about cyber crime in its country. According to the NL Times, over 1.2 million Dutch citizens over the age of 12 had fallen victim to cyber crimes, with the most common age group being 12 to 25.
Despite the release of this alarming news, OTA’s report also revealed a remedy: It was determined that 95% of cyber attacks in 2018 could have been prevented with proper cybersecurity measures.
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