crime

Global Cybercrime Surge: $12 Billion Lost to Online Fraud in 2025

Summary

Cybersecurity agencies worldwide reported a sharp rise in online fraud cases in 2025, with losses totaling $12 billion. The surge is driven by sophisticated phishing schemes and ra

Cybersecurity agencies worldwide reported a sharp rise in online fraud cases in 2025, with losses totaling $12 billion. The surge is driven by sophisticated phishing schemes and ransomware attacks targeting financial institutions and individuals. Europol revealed that cybercriminal groups exploited vulnerabilities in outdated software, affecting over 3 million users globally. Authorities increased cross-border cooperation to dismantle major hacking networks. Experts warn that cybercrime will continue escalating without enhanced security protocols. The FBI and Europol urge organizations to adopt multi-factor authentication and regular software updates, according to Bloomberg.
3d agoVerified by Sobiya
Global Cybercrime Surge: $12 Billion Lost to Online Fraud in 2025

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