In 2023, cyberattacks in the United States reached alarming levels, reflecting a global surge in cybercrime. Notable incidents included a breach at the U.S. State Department, where hackers gained access to tens of thousands of emails via Microsoft Exchange.
Ransomware remained a widespread threat, targeting sectors such as healthcare, critical infrastructure, and government agencies. The overall cost of cybercrime is expected to increase dramatically, with global losses projected to reach $23.84 trillion by 2027, up from $8.44 trillion in 2022.
In 2022, the FBI’s Internet Crime Complaint Center (IC3) reported $10.3 billion in losses due to cybercrime in the U.S. alone, reflecting a sharp rise in both the number of incidents and the financial toll. Ransomware, business email compromise, and data breaches continue to be the most common forms of attacks, driven largely by financial motives, though espionage and geopolitical tensions also play a significant role.
Source: World Economic Forum
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