Cybercrime
Cybercrime refers to a wide range of criminal activities that are carried out using digital devices and/or networks. (Wikipedia, n.d.-a)
Cloud computing has evolved into an essential component of modern business operations, delivering unparalleled flexibility, scalability, and cost efficiency to organizations across all industries. However, alongside these substantial benefits come significant security challenges that organizations must address proactively. (Exclusive Networks, 2025)
Approximately forty-five percent of security incidents now originate from cloud environments, underscoring the critical need for enhanced security measures as businesses continue their digital transformation journeys. (Exclusive Networks, 2025)
A conservative estimate of $1.2 trillion are lost annually due to cybercrime. (Lukosiute, n.d.)
Data Breaches
A data breach constitutes the unauthorized exposure, disclosure, or loss of personal information. Learn more about data breaches.
Email Intercept Fraud
Email intercept fraud occurs when hackers break into email accounts, monitor for incoming invoices, and send fraudulent bank account details to redirect payments. This type of cybercrime is on the rise throughout South Africa and the United States. Learn more about email intercept fraud.
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References
Alder, S. (2026, April 8) 2025 losses to cybercrime exceeded $20 billion [The HIPAA Journal] https://www.hipaajournal.com/fbi-internet-crime-complaint-report-2025/
Exclusive Networks (2025) 17 Cloud Computing Security Risks & How to Mitigate Them [Exclusive Networks] https://www.exclusive-networks.com/usa/resources/knowledge-base/articles/critical-security-risks-of-cloud-computing-in-2025
Lukosiute, K. (n.d.) Estimating global yearly cybercrime damage costs [Report]. GovAI. https://govai.b-cdn.net/Estimating_Global_Yearly_Cybercrime_Damage_Costs.pdf
SentinelOne (2026) 17 Security Risks of Cloud Computing in 2026 [SentinelOne] https://www.sentinelone.com/cybersecurity-101/cloud-security/security-risks-of-cloud-computing/
Wikipedia (n.d.-a) Cybercrime [Wikipedia] https://en.wikipedia.org/wiki/Cybercrime
Wikipedia (n.d.-b) Data breach [Wikipedia] https://en.wikipedia.org/wiki/Data_breach
Wikipedia (n.d.-c) Email fraud [Wikipedia] https://en.wikipedia.org/wiki/Email_fraud
For more information, please visit our Cybercrime archives; the official Interpol Cybercrime page and Smarttech247; the Cybercrime archives at Aljazeera, Cyber Security News, Cybernews, and The Hacker News; or run a Bing, DuckDuckGo or Google search for “cybercrime prevention and risks”.
📅 June 11, 2026
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