BEC scams in 2020 alone recorded over &$1.8 billion compared to other cybercrimes.

Source: https://www.blueprint.ng/global-impact-on-business-email-compromise-and-mitigations/

Examples of common cybercrimes include ransomware and phishing.

Source: https://www.pressandjournal.co.uk/fp/business/5546407/jai-aenugu-how-vulnerable-to-a-cyberattack-are-you/

Given the rise in cybercrimes, organisations need a two-pronged strategy.

Source: https://mid-east.info/top-5-data-privacy-trends-that-will-rule-2023/

Hardy said that cyber threats such as malware, inclusive of adware, spyware, viruses, trojans, and ransomware, were new to her and that she was also not aware of how to safeguard herself from becoming a victim of various kinds of cybercrimes.

Source: https://jamaica-gleaner.com/article/lead-stories/20230328/seniors-equipped-avoid-falling-victim-online-scams

With the increasing growth in technology and digital transactions, the need for forensic accounting has also grown rapidly to manage the instances of cybercrimes and frauds.

Source: https://www.thehindubusinessline.com/on-campus/where-and-how-to-get-started-in-forensic-accounting/article66980054.ece