NEWS – World Cybercrime Index was released by University of Oxford and UNSW Canberra

HIGHLIGHTS

• Ranking of Countries in Cybercrime
  • India ranked 10th in cybercrime, with advance fee payment frauds being the most common type.
  • A ‘World Cybercrime Index’ ranked approximately 100 countries based on various cybercrime categories like ransomware, credit card theft, and scams.
• Top Countries in Cybercrime
  • Russia topped the list, followed by Ukraine, China, the US, Nigeria, and Romania.
  • North Korea, the UK, and Brazil also ranked high in cybercrime activities.
• Major Categories of Cybercrime
  • Researchers identified technical products and services, attacks and extortion (including ransomware), data and identity theft, scams like advance fee fraud, and money laundering involving virtual currency.
• Specialization of Cybercrime Hubs
  • Russia and Ukraine are hubs for highly technical cybercrime, while Nigerian cybercriminals focus on less technical forms.
  • India specializes in scams, while Romania and the US excel in both high-tech and low-tech cybercrimes.
• Distinct Profiles of Countries
  • Each country has a unique cybercrime profile, indicating specialization in specific types of cybercrimes.
  • India is identified as a “balanced hub,” specializing in mid-tech crimes.