Compare cybersecurity risks in the U.S. and another country

Cyber-crime is a worldwide issue with attacks coming from both within and outside borders; most countries are starting to recognize the growing danger of cyber-attacks and the need for security specialists to combat assailants and each country, while they may have very similar needs for cyber security, may be combating attackers on very different fields. I will be comparing the differences between the United States cyber security landscape and that of a counter part in the United Kingdom. In the United States Phishing attacks are the most common, “in 2022 representing 41% of total reported crimes” and those ages 60 and up being a rather vulnerable demographic, “reporting 37% of all financial losses in 2022” (How Many Cyber-Attacks Occur in the US?, n.d.). In the United Kingdom phishing attacks were also the most common threat making up “83% of most identified attacks by UK businesses” (Gov.uk, 2022). In the United States, online fake investment scams alone make up a around a third of all losses, totaling $3.3 billion lost in 2022 (How Many Cyber-Attacks Occur in the US?, n.d.) while in the United Kingdom the average cost of all cyber-attacks was £4,200 and when accounting for only medium and large businesses, they lost an average of £19,400 per cyber-attack, with “31% of businesses and 26% of charities estimating they were attacked at least once a week” in 2022” (Gov.uk, 2022). With the growing danger of attacks on both individuals and businesses it is becoming increasingly important to help protect against combatants. Phishing attacks have been shown in both countries to be an extremely common way to launch a cyber-attack; as they grow more complex, the amount of damage they can cause also increases, from stealing an individual’s identity to holding an entire businesses’ operations for ransom. As cyber-attacks can easily cross borders it is also becoming increasingly important for countries to not only strengthen their safety protocols within their own bounds, but to also work together to create a safer network between each other. 

References

Gov.uk. (2022, March 30). Cyber Security Breaches Survey 2022. GOV.UK. https://www.gov.uk/government/statistics/cyber-security-breaches-survey-2022/cyber-security-breaches-survey-2022 

How many cyber-attacks occur in the US? (n.d.). USAFacts. https://usafacts.org/articles/how-many-cyber-attacks-occur-in-the-us/