In 2023, financial crimes saw a significant increase across various regions. Ransomware costs globally soared to a record $1.1 billion, nearly doubling YoY from $567 million in 2022, and marking a fivefold increase from $220 million in 2019. In the UK, fraud cases more than doubled, reaching £2.3 billion. In the United States, adults lost a record $10 billion to fraud, with the Federal Trade Commission reporting that fraudsters tricked 690K people into scams.