Cyber crime costs in the United Kingdom (UK) reached an estimated 320 billion U.S. dollars as of 2023. Between 2017 and 2023, this figure has seen a significant increase of over 300 billion U.S. dollars. According to the latest estimates, this dynamic will continue in upcoming years, reaching approximately 1.82 trillion U.S. dollars in cyber crime costs by 2028.
Estimated annual cost of cybercrime in the United Kingdom (UK) from 2017 to 2028 (in billion U.S. dollars)
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Other statistics that may interest you Impact of cybercrime on companies in the United Kingdom (UK)
Overview
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- Premium Statistic Global companies at risk for cyberattacks according to CISOs 2021-2024, by country
- Basic Statistic Global firms at risk of material cyberattack as per board members 2023, by country
- Basic Statistic Common cybersecurity concerns of global company leaders 2024, by country
- Premium Statistic Global firms experiencing material loss of sensitive information 2024, by country
- Basic Statistic UK largest fines issued for violations of GDPR 2024
Cybercrime
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- Basic Statistic Number of cybercrime cases in the UK Q4 2022-Q2 2023
- Basic Statistic Number of fraud and cybercrime cases in the UK Q2 2023, by type
- Premium Statistic Share of UK businesses identifying cyberattacks 2022
- Premium Statistic Organizations hit by ransomware attacks 2022-2024, by country
- Basic Statistic UK cybercrime experienced by businesses in the last year 2024, by business size
- Basic Statistic UK cybercrime experienced by businesses in the last year 2024, by attack type
- Basic Statistic Ransomware attacks in UK companies in the past year 2021-2022
- Basic Statistic UK companies anticipating increase in cyberattacks within a year 2023, by attack type
Data breaches
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- Basic Statistic Biggest data breaches in the UK 2024, by impact
- Basic Statistic UK number of breached data points in Q1 2020-Q4 2023
- Premium Statistic Data breach density in the UK Q3 2022-Q3 2023
- Basic Statistic UK change in number of data sets affected in data breaches Q2 2020-Q3 2023
- Premium Statistic Most common data points leaked in the UK 2004-2023 YTD, by type
- Premium Statistic UK frequency of data breaches experienced by businesses 2024
Cost of cybercrime
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- Basic Statistic Annual cost of cybercrime in the UK 2017-2028
- Premium Statistic Median costs of all cyber attacks in the U.S and Europe 2021-2023, by country
- Premium Statistic Cost of a data breach in the United Kingdom (UK) 2020-2024
- Basic Statistic Losses through cybercrime cases in the UK Q4 2022 - Q2 2023
- Basic Statistic Average loss in fraud and cybercrime cases in the UK Q2 2023, by type
- Basic Statistic Loss in internet banking fraud cases in the UK H1 2019 - H1 2024
- Basic Statistic Loss in mobile banking fraud cases in the UK H1 2019 - H1 2023
- Premium Statistic Average cost of the most disruptive cyber security attack for UK businesses 2024
Impact of cybercrime
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- Basic Statistic Outcomes of cyberattacks or data breaches in UK firms 2024
- Premium Statistic Impact of data breaches in UK firms 2024
- Premium Statistic Recovery time taken from most disruptive cyber security breach by UK businesses 2024
- Premium Statistic Data restoring methods following a ransomware attack worldwide 2023, by country
Concerns regarding cybercrime
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- Basic Statistic UK company leaders concerned about significant downtime 2022-2024
- Basic Statistic UK company leaders concerned about revenue loss 2022-2024
- Basic Statistic UK company leaders concerned about reputational damage 2022-2024
- Basic Statistic UK company leaders concerned about loss of current customers 2022-2024
Cybersecurity
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- Premium Statistic Most common actions following a cybersecurity breach in the UK 2024
- Premium Statistic Share of cybersecurity risk identification methods in businesses in the UK 2024
- Premium Statistic Most common features of cybersecurity policies of businesses in the UK 2024
- Premium Statistic Share of businesses covering formal cybersecurity risk policies in the UK 2024
- Premium Statistic Number of cybersecurity professionals worldwide 2024, by region
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Statista. (March 1, 2023). Estimated annual cost of cybercrime in the United Kingdom (UK) from 2017 to 2028 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/forecasts/1425776/uk-cybercrime-cost-annual
Statista. "Estimated annual cost of cybercrime in the United Kingdom (UK) from 2017 to 2028 (in billion U.S. dollars)." Chart. March 1, 2023. Statista. Accessed December 23, 2024. https://www.statista.com/forecasts/1425776/uk-cybercrime-cost-annual
Statista. (2023). Estimated annual cost of cybercrime in the United Kingdom (UK) from 2017 to 2028 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/forecasts/1425776/uk-cybercrime-cost-annual
Statista. "Estimated Annual Cost of Cybercrime in The United Kingdom (Uk) from 2017 to 2028 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Mar 2023, https://www.statista.com/forecasts/1425776/uk-cybercrime-cost-annual
Statista, Estimated annual cost of cybercrime in the United Kingdom (UK) from 2017 to 2028 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1425776/uk-cybercrime-cost-annual (last visited December 23, 2024)
Estimated annual cost of cybercrime in the United Kingdom (UK) from 2017 to 2028 (in billion U.S. dollars) [Graph], Statista, March 1, 2023. [Online]. Available: https://www.statista.com/forecasts/1425776/uk-cybercrime-cost-annual