Researchers from the University of Oxford and UNSW Canberra have compiled the first-ever World Cybercrime Index.

Key finding of the Index

  • It identifies the globe’s major cybercrime hotspots by ranking the most significant sources of cybercrime at a national level. 
  • This survey was completed by 92 top cybercrime experts around the world and this research was published in the journal PLoS ONE.
  • They named the countries they believed were the biggest hubs of five categories of cybercrime:
  • technical products or services
  • attacks and extortion
  • data or identity theft
  • scams
  • cashing out or money laundering.
  • The results indicate that a relatively small number of countries house the greatest cybercriminal threats. Six countries – China, Russia, Ukraine, the US, Romania, and Nigeria – appeared in the top ten of each category of cybercrime.
  • It is estimated that cybercrime costs the world around $9.22 trillion in 2024, and this is expected to grow to $13.82 trillion in 2028.

India’s position

  • India captured the number 10 spot on the rankings, getting a score of 7.90 for impact, 6.60 for professionalism of cybercriminals, 6.65 for technical skills and an overall World Cybercrime Index (WCI) score of 6.13.
  • India was found to “specialise” in scams and a “balanced hub”, “specialising” in mid-tech crimes.

Other Cybersecurity indexes/Reports

  • Global Cybersecurity Index by ITU (International Telecommunication Union).
  • The World Economic Forum’s Global Cybersecurity Outlook, developed in collaboration with Accenture, examines the cybersecurity trends that will impact our economies and societies.

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