SEON’s’ latest ‘Global Cybercrime Report’ reveals that Europe is the world’s capital when it comes to battling cybercrime threats. 

The report combines data from three major cybersecurity authorities; National Cyber Security Index, the Global Cybersecurity Index, and the Cybersecurity Exposure Index to assess the least and most risky countries for internet users. 

Belgium ranks as the lowest-risk country for cyber threats, with Finland second and Spain third. The top 10 lowest-risk countries for cyber threats are all situated within Europe.

Alternatively, Afghanistan is reported to be the highest-risk country for cyber threats, with Myanmar and Namibia coming in second and third respectively. 

SEON metrics formulated a ‘Cyber-Safety Score’ to 93 different countries across the globe by combining data based on each country’s performance across a range of indices relating to cybersecurity, digital fraud, and cybercrime, as well as legislation and government strategies relating to cybersecurity in each location.  

Jimmy Fong, Chief Commercial Officer at SEON, commented: “Many countries have now developed strong cybersecurity programs and are enacting more effective legislation specifically aimed at tackling this evolving and significant issue. 

“In doing so, these nations are better protecting themselves, as well as the individuals and businesses that operate out of them from digital dangers, offering security at a time of critical need.”

SEON’s report also breaks down the most common forms of cybercrime, providing details on the monetary costs associated with these methods. From phishing attacks to personal data breaches, the report highlights the impact that online attacks continue to have on the world’s economy, further demonstrating the importance of effective solutions that mitigate against these threats.  

“Conversely, there are still many countries that lack either the infrastructure, or desire to tackle this challenge with the intensity it requires,” added Fong. 

“By highlighting this variance, SEON is helping to raise awareness around regions where internet users are most at risk. More broadly, our report highlights that the monetary consequences of cyber threats remain too high globally, reaffirming the need to continue to prioritise this issue in the coming years.”