Top 5 cybercrimes to watch out for in 2023
Fox News
The risk of cyberattacks will continue to increase in 2023, with five potential threats to businesses, individuals and the country sticking out above the rest.
Wilson's warning comes as 2023 looks poised to become a record-breaking year for cyberattacks. According to an analysis by Cybersecurity Venture, the global annual cost of cybercrime could top $8 trillion in 2023. Michael Lee is a writer at Fox News. Follow him on Twitter @UAMichaelLee
That number could even underestimate the problem, according to numbers from Security Intelligence, who estimated that U.S.-based financial institutions alone lost close to $1.2 billion in ransomware attacks in 2021, an almost 200% increase over the previous year. If that rate increases at the same pace, global losses from cybercrime could be as high as $16 trillion in 2023.