What is the LEAST common type of cybercrime Today
Here is a table of the most common types of cybercrime, along with their estimated costs:
Type of Cybercrime | Estimated Cost |
---|---|
Malware | $667 billion |
Data breaches | $1 trillion |
Ransomware | $11.6 billion |
Phishing | $12 billion |
Identity theft | $15 billion |
Social engineering | $5 billion |
Denial-of-service (DoS) attacks | $3 billion |
Supply chain attacks | $2 billion |
Espionage | Unknown |
As you can see, espionage is the only type of cybercrime for which there is no reliable estimate of the cost. This is because espionage is often carried out in secret, and the victims may not even be aware that they have been attacked. Additionally, the true cost of espionage can be difficult to quantify, as it can include things like stolen intellectual property, lost business opportunities, and damage to national security.
Despite its relative rarity, espionage is a serious threat that should not be ignored. Organizations should take steps to protect themselves from espionage by implementing strong cybersecurity measures, such as:
- Educating employees about the risks of espionage.
- Implementing data loss prevention (DLP) controls to prevent sensitive information from being leaked.
- Monitoring network activity for suspicious behavior.
- Investigating any suspected espionage incidents promptly and thoroughly.