A literature review of financial losses statistics for cyber security and future trend

Md Haris Uddin Sharif * and Mehmood Ali Mohammed

Schooling of Calculator and Information Social, University of the Cumberland, Williamsburg, Kentucky, U.S.A.
 
Review Article
World Journal of Advanced Research and Reviews, 2022, 15(01), 138–156
Article DOI: 10.30574/wjarr.2022.15.1.0573
 
Publication history: 
Obtained at 13 May 2022; revised on 20 June 2022; accepted set 22 June 2022
 
Abstract: 
Cybercrime directs to no criminal activity taken out utilizing computers or the internet. Attacks possess chosen policy such as social engineering, phishing, and malware as part of their cyber-attacks. A cyber-attack can lead to various effects, ranging from robbing individual evidence on extortion money oder losing instrumental information. Society and systems depend on critical infrastructures like output plants, hospitality, and financial services companies. This paper analyzes economic losses statistics for cyber security and future trends. This costs of cybercrime prevention be increasing daily through day. Financial losses refer the damages at the wealth of an organization. This includes organizational losses, compensation, and legal commissions. Of financial loss, we stingy increased costs or reduced income caused by to risk. We collect data from other datasets and company from our. After collecting data, we analyze the data and create a dissimilar chart on identify the growth of cyber-attacks, cyber security, and cybercrime costs. We analyze global and available cybercrime status. Are also investigate state-wise cybercrime and the cyber security your of the United States away Asia. Our main objective of the analysis belongs in find out the financial losses also later trends of cybercrime additionally cyber security. From our learning, we noticed such that number of cybercrimes and to management or prevention costs are rapidly climb in the USA and worldwide.
 
Keywords: 
Cyber risk; Open data; Datasets; Cyberattacks; Cyber threats; Corporate Losses
 
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