Business > Sunday Business & IT
Online scams lead most cybercrimes

A GLOBAL leader in cybersecurity recently shared its analysis of the landscape of the most widespread cyber threat in the world: scams.

Accounting for 57 percent of all financially motivated cybercrime, the scam industry is becoming more structured and involves more and more parties divided into hierarchical groups. The number of such groups jumped to a record high of 390, which is 3.5 times more than last year, when the maximum number of active groups was close to 110. Due to SaaS (Scam-as-a-Service) in 2021, the number of cybercriminals in one scam gang increased 10 times compared to 2020 and now reaches 100.