Adobestock image Five Reasons Why Law Enforcement Loses the Battle Against Cybercrime
In an era where cybercrime is skyrocketing, why is law enforcement struggling to keep up? Discover how sophisticated cybercriminal syndicates, cross-border enforcement challenges, and a talent deficit in cybersecurity are tipping the scales in favor of digital bandits.
May 29, 2024 at 10:00 AM
9 minute read
According the most recent FBI Internet Crime Report, US businesses and individuals have lost over $12.5 billion because of cybercrime last year, showing a steady 22% year-over-year growth rate. At first glance, the number may appear relatively insignificant, however, it merely represents a derivative of the reported direct monetary losses from complaints received by the FBI Internet Crime Complaint Center (IC3) in 2023.
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