CYBERCRIME REPORT 2017

A review of the incidents that occurred in 2017 reflects the wide range of online crimes and IT security flaws.

Six trillion dollars a year – that is the amount of loss caused by cybercrime expected in the “Official 2017 Annual Cybercrime Report” published in mid-October 2017 by the US analyst “Cybersecurity Ventures” for the year 2021. This would be almost ten percent of today’s global economic output. In 2015, it had still predicted losses amounting to “just” three trillion dollars. The amount of loss caused by countless cyberattacks all over the world in 2017 is somewhere between these figures – no one knows the precise amount. This development is accompanied by an increase in the number of Internet users: from 3.9 trillion today to six trillion expected for 2022.

This will be the time when cybercrime will finally not only be synonymous with the biggest transfer of assets in history, but probably also has become one of the worst threats to mankind itself. For most individuals, companies or institutions are largely unprepared for this kind of crime, which, according to “breachlevelindex.com”, is today responsible for the theft of at least 3,500 data records every minute. All this despite the fact that the global expenses for cybersecurity have increased this year to some 86.4 billion dollars, according to analyst Gartner.
Still not enough, as it seems, for all these investments in security were not able to prevent the incidents of cybercrime described below. And these are just the tip of the iceberg.