The escalating cost of cybercrime, which is estimated to cost trillions of dollars annually, underscores the urgent need for coordinated international efforts like the UN Cybercrime Convention.

Chad Yarbrough, FBI’s operations director for criminal and cyber. The rise in losses in 2024 — the highest ever recorded — is particularly alarming given the FBI’s “significant actions ...

WASHINGTON, April 23 (Reuters) - Cybercrime of all stripes cost victims globally more than $16 billion dollars last year, the Federal Bureau of Investigation said in a report released on Wednesday.