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Cybercrime is now a global worry

(Image credit: Image Credit: Maksim Kabakou / Shutterstock)

Cybercrime is now the number one global concern, according to a new report from Lloyd’s Register Foundation. 

The World Risk Poll report, based on a survey of 150,000 people from 142 different countries, states that “almost everyone” who uses the internet fears some aspect of cybersecurity (opens in new tab).

Online fraud, whose victims are deceived into giving away financial and personal information, costs the world $600 billion every year - or 0.8 percent of global GDP. 

Further, a third (30 percent) of internet users worldwide worry about online bullying; 32 percent of women versus 28 percent of men, and younger users (34 percent) a little more than older generations (21 percent).

Lloyd’s Register Foundation has called for the UK government to take online bullying “more seriously” and to look for intervention and prevention strategies that can provide safer environments (opens in new tab) for the younger generation.

“The Lloyd’s Register Foundation World Risk Poll represents the views of 98 percent of the world’s population on safety and risk, including many people whose voices have never been heard before,” said Professor Richard Clegg, Chief Executive at Lloyd’s Register Foundation.

“Knowing what people think will help us to identify gaps between peoples’ thoughts about risk and their experiences of threats to their safety. We can use this data to work with communities and empower people to take action most likely to reduce harm - that saves lives and helps them feel safe.”

Sead Fadilpašić is a freelance tech writer and journalist with more than 17 years experience writing technology-focussed news, blogs, whitepapers, reviews, and ebooks. And his work has featured in online media outlets from all over the world, including Al Jazeera Balkans (where he was a Multimedia Journalist), Crypto News, TechRadar Pro, and IT Pro Portal, where he has written news and features for over five years. Sead's experience also includes writing for inbound marketing, where he creates technology-based content for clients from London to Singapore. Sead is a HubSpot-certified content creator.