What's the cost of cybercrime? (Worldwide + US states) (original) (raw)

Research highlights: in 2023, the cost of cybercrime was 8.15 trillion USD. It’s projected to grow to 15.63 trillion by 2029. Investment fraud caused the most losses ($4.57 billion).California experienced the highest losses, totaling over $2.1 billion.


Year cost ( in trillion USD) Change
2029 15.63 ↑ 13.1%
2028 13.82 ↑ 11.18%
2027 12.43 ↑ 9.42%
2026 11.36 ↑ 10.4%
2025 10.29 ↑ 11.61%
2024 9.22 ↑ 13.13%
2023 8.15 ↑ 15.11%
2022 7.08 ↑ 28.96%
2021 5.49 ↑ 86.1%
2020 2.95 ↑ 154.31%
2019 1.16 ↑ 34.88%
2018 0.86

source: SOAX

Cybercrime type of cybercrime caused the most harm?

Type cost ( in millions)
Investment $4,570.27
Business e-mail compromise (BEC) $2,946.83
Tech support $924.51
Personal data breach $744.21
Confidence fraud / Romance $652.54
Data Breach $534.39
Government impersonation $394.06
Non-payment / Non-delivery $309.64
Credit card / Check fraud $173.62
Real estate $145.24
Advanced fee $134.51
Identity theft $126.20
Lottery / sweepstakes / inheritance $94.50
Extortion $74.82
Employment $70.23
Ransomware $59.64
SIM Swap $48.79
Overpayment $27.95
Botnet $22.42
Phishing/Spoofing $18.72
Threats of violence $13.53
Harassment / stalking $9.67
Intellectual property rights (IPR) / Copyright / Counterfeit $7.55
Crimes against children $2.03
Malware $1.21
Other $240.05

Which age group lost the most money to cybercrime?

Age Group Complaints losses ( in million USD) losses ( in million USD) avg loss per complaint
Under 20 18,174 $40,700,000 $40.70 $2,239.46
20 - 29 62,410 $360,700,000 $360.70 $5,779.52
30 - 39 88,138 $1,200,000,000 $1,200.00 $13,615.01
40 - 49 84,052 $1,500,000,000 $1,500.00 $17,846.10
50 - 59 65,924 $1,700,000,000 $1,700.00 $25,787.27
60+ 101,068 $3,400,000,000 $3,400.00 $33,640.72

source: SOAX

Cost of cybercrime by state & territory

The cost of cybercrime in Alabama

The cost of cybercrime in Alaska

The cost of cybercrime in American Samoa

The cost of cybercrime in Arizona

The cost of cybercrime in Arkansas

The cost of cybercrime in California

The cost of cybercrime in Colorado

The cost of cybercrime in Connecticut

The cost of cybercrime in Delaware

The cost of cybercrime in District of Columbia

The cost of cybercrime in Florida

The cost of cybercrime in Georgia

The cost of cybercrime in Guam

The cost of cybercrime in Hawaii

The cost of cybercrime in Idaho

The cost of cybercrime in Illinois

The cost of cybercrime in Indiana

The cost of cybercrime in Iowa

The cost of cybercrime in Kansas

The cost of cybercrime in Kentucky

The cost of cybercrime in Louisiana

The cost of cybercrime in Maine

The cost of cybercrime in Maryland

The cost of cybercrime in Massachusetts

The cost of cybercrime in Michigan

The cost of cybercrime in Minnesota

The cost of cybercrime in Mississippi

The cost of cybercrime in Missouri

The cost of cybercrime in Montana

The cost of cybercrime in Nebraska

The cost of cybercrime in Nevada

The cost of cybercrime in New Hampshire

The cost of cybercrime in New Jersey

The cost of cybercrime in New Mexico

The cost of cybercrime in New York

The cost of cybercrime in North Carolina

The cost of cybercrime in North Dakota

The cost of cybercrime in Northern Mariana Islands

The cost of cybercrime in Ohio

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The cost of cybercrime in Oregon

The cost of cybercrime in Pennsylvania

The cost of cybercrime in Puerto Rico

The cost of cybercrime in Rhode Island

The cost of cybercrime in South Carolina

The cost of cybercrime in South Dakota

The cost of cybercrime in Tennessee

The cost of cybercrime in Texas

The cost of cybercrime in United States Minor Outlying Islands

The cost of cybercrime in Utah

The cost of cybercrime in Vermont

The cost of cybercrime in Virgin Islands

The cost of cybercrime in Virginia

The cost of cybercrime in Washington

The cost of cybercrime in West Virginia

The cost of cybercrime in Wisconsin

The cost of cybercrime in Wyoming

Sources