Cybercrime is costing the world trillions every year - new report says victims lose an average of nearly $10,000 in every hit
An increasingly expensive situation at a global scale
by https://www.techradar.com/uk/author/rahim-amir · TechRadarNews By Rahim Amir Published 4 August 2026
Share this article 0 Join the conversation Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter
- New study puts average cybercrime victim losses at $9,468, making a global annual toll at just over $1.24 trillion across 130.9 million victims
- Cybercrime is still massively underreported by both victims and authorities, so official numbers might be 'softer' than the underlying problem
- Some of the countries published limited, if any, financial data regarding cybercrime, making losses an estimate at best
New figures have claimed cybercrime victims lose $9,468 in the average incident, showing the scale of an increasingly global problem.
The report from Comparitech claims 130.9 million people are hit each year, and that the annual global toll comes to just over $1.24 trillion.
A December 2023 study from the company put those figures at $8,069 per victim, 88.5 million people and $714 billion in total losses respectively, highlighting a growing trend that sees a mix of illegal activity moving the needle further.
Latest Videos FromTechRadarWatch full video here:
A growing problem with regional caveats
The United States remains a favorite for cybercriminals, topping the charts with 6.7 million victims losing $138.9 billion, a per-victim loss amount of ~$20,731, more than twice that of the global average.
This is in stark contrast with the next four countries on the list (Spain, France, Sweden and Turkey), all of which offered an average of approximately $10,000 per victim.
Russia, coming in 6th, reports a much larger number of victims than the four countries ahead of it, but offers a much lower per-victim loss estimate of $3,659. Interestingly, the total number of cybercrimes committed in 2025 dropped to 663,000 from 775,000 in 2024, despite an ongoing conflict with Ukraine, which often sees cyberattacks at both the industrial and localized levels by both parties.
However, a weakening economic situation, as well as Russia localizing many of its communication applications and restricting banking, might also mean that Russia's figures also remain inadvertently capped by policy decisions the country has taken.
Are you a pro? Subscribe to our newsletter
Sign up to the TechRadar Pro newsletter to get all the top news, opinion, features and guidance your business needs to succeed!
Contact me with news and offers from other Future brandsReceive email from us on behalf of our trusted partners or sponsors