California Predicted to lose $329-million to Cybercrime in 2018
California, New York, Florida, Texas, and Virginia will lose the most money to cybercrime in 2018.
New research estimates that the state of California will lose $329-million to cybercrime in the coming year. That figure puts California over $189-million ahead of the next closest state, New York.
Website Builder Expert conducted the research using publicly available data from the FBI and the Insurance Information Institute. Their findings are eye-opening. Here are the ten states expected to be the most affected by cybercrime in 2018.
1. California – $329 million
2. New York – $139 million
3. Florida – $112 million
4. Texas – $96 million
5. Virginia – $64 million
6. Illinois – $42 million
7. Colorado – $40 million
8. Pennsylvania – $33 million
9. Georgia – $32 million
10. Washington – $32 million
California, as the most populous state and one where the tech industry thrives was probably the smart choice to top the list. But the margin between California and the next closest state is staggering. In total, California is predicted to lose more money to cybercrime in 2018 than the 36 bottoms states combined.
Florida, our home state, is one of the fastest growing states in terms of cybercrime incidents. Florida is predicted to receive the second most cybercrime complaints this year and has seen its share of complaints grow the fastest, adding 1,421 reports per annum. It’s also second in terms of cybercrime density, which is reports of cybercrime per 100,000 people. Michigan leads the category. So if you live in Michigan, you are statistically the most likely to be victimized by cybercrime of any state in the country.
As per which states cybercrime proves most costly to its residents, New York takes the cake. In New York, the average citizen loses $7,149. Here’s the rest of the list:
2. Virginia – $6,795
3. Colorado – $6,106
4. California – $5,900
5. Oklahoma – $5,714
6. New Mexico – $5,587
7. Louisiana – $5,498
8. Montana – $4,688
9. Nevada – $4,501
10. Arkansas – $4,172
You can check out the full report here. It’s worth a look. Unless you live in Michigan or California, in which case you might want to go ahead and log off.
5 Ways to Determine if a Website is Fake, Fraudulent, or a Scam – 2018in Hashing Out Cyber Security
How to Fix ‘ERR_SSL_PROTOCOL_ERROR’ on Google Chromein Everything Encryption
Re-Hashed: How to Fix SSL Connection Errors on Android Phonesin Everything Encryption
Cloud Security: 5 Serious Emerging Cloud Computing Threats to Avoidin ssl certificates
This is what happens when your SSL certificate expiresin Everything Encryption
Re-Hashed: Troubleshoot Firefox’s “Performing TLS Handshake” Messagein Hashing Out Cyber Security
Report it Right: AMCA got hacked – Not Quest and LabCorpin Hashing Out Cyber Security
Re-Hashed: How to clear HSTS settings in Chrome and Firefoxin Everything Encryption
Re-Hashed: The Difference Between SHA-1, SHA-2 and SHA-256 Hash Algorithmsin Everything Encryption
The Difference Between Root Certificates and Intermediate Certificatesin Everything Encryption
The difference between Encryption, Hashing and Saltingin Everything Encryption
Re-Hashed: How To Disable Firefox Insecure Password Warningsin Hashing Out Cyber Security
Cipher Suites: Ciphers, Algorithms and Negotiating Security Settingsin Everything Encryption
The Ultimate Hacker Movies List for December 2020in Hashing Out Cyber Security Monthly Digest
Anatomy of a Scam: Work from home for Amazonin Hashing Out Cyber Security
The Top 9 Cyber Security Threats That Will Ruin Your Dayin Hashing Out Cyber Security
How strong is 256-bit Encryption?in Everything Encryption
Re-Hashed: How to Trust Manually Installed Root Certificates in iOS 10.3in Everything Encryption
How to View SSL Certificate Details in Chrome 56in Industry Lowdown
PayPal Phishing Certificates Far More Prevalent Than Previously Thoughtin Industry Lowdown