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Monday, September 13, 2021

U.S., UK, Germany among top cybercrime targets worldwide: Report

Cybercrime accounts for six trillion dollars in losses in the world in 2021 alone.

• September 13, 2021
cyber fraud
Cyber fraud [Photo credit: AFCEA International]

A study by German consultancy firm, Roland Berger, places the United States top on the list of cybercrime targets worldwide, followed by the UK, Germany, South Africa and Brazil.

According to the study commissioned by Correio Braziliense, the number of cyberattacks targeting Brazil in 2021 has already exceeded the figure of 2020, with the number of ransomware attacks estimated at 9.1 million cases.

Ransomware attacks are the most costly due to ransom requests as well as those targeting the companies’ infrastructure, which, if paralysed, leads to the suspension of all operations and therefore great financial losses.

“The topic of cybersecurity has been evolving in Brazil and around the world over the last decade. Today, this is not only related to data security, but also to infrastructure,” the partner-director and innovation expert at Roland Berger, Marcus Ayres, said.

Cybercrime accounted for six trillion dollars in losses in the world in 2021 alone.

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