According to the US Federal Trade Commission (FTC), US adults lost over $10B to cyber fraud incidents in 2023, led by investment scams. Marking a historic rise, the rates of US fraud incidents rose by 14% compared to 2022. Leading fraud incidents consist of investment scams, e-commerce fraud, fake prize scams, and business and job opportunity scams.
According to a Bugcrowd report, no other sector saw as much vulnerability growth as the government sector, which saw a 151% surge and a 58% rise in critical vulnerabilities. Following the government sector were the retail (+34%), corporate services (+20%), and computer software (+12%) sectors.
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