Global Cybercrime Hits Record High with $8B Online Fraud in 2025

Cybercrime surged to unprecedented levels in 2025, with online fraud losses reaching $8 billion worldwide, according to a report published today by INTERPOL. Phishing attacks and ransomware incidents increased by 40% compared to the previous year, targeting both individuals and corporations. Law enforcement agencies are intensifying international cooperation to combat these threats. The report warns that emerging AI-powered scams are becoming more sophisticated, complicating detection efforts. Authorities urge internet users to enhance cybersecurity measures as cybercriminals exploit evolving technologies, AP News reported.