Research shows that cybercrime causes significant emotional and financial damage, with many victims experiencing shame and trauma, hindering their online participation.
One in five respondents struggled to pay their bills after suffering financial losses due to cybercrime, highlighting the harsh real-world consequences of these attacks.
The mental toll is concerning, with two in three victims reporting trauma. Furthermore, many feel ashamed and choose not to disclose the extent of their losses.
Phishing was the most common attack method affecting 57 percent of respondents, creating a pervasive fear that prevents individuals from utilizing online services.
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