The Cost Of Global Cybercrime

By Tim McGuinness, Ph.D. – Anthropologist, Scientist, Director of the Society of Citizens Against Relationship Scams Inc.

Cybercrime is Costing Every Person on this Planet $750 per Year!

CONSIDER: Global Cybercrime Is Above USD$6 Trillion Dollars Per Year Now!

That Is $6 Trillion Dollars A Year in costs just from cybercrime! It Will Soon Pass $8 Trillion (According To Some Estimates).

Cybercrime is costing more than the GDP (Gross Domestic Product) of 8 of the top 10 economies in the world!

  • ◾️️ United States (GDP: 20.49 trillion)
  • ◾️️ China (GDP: 13.4 trillion)
  • ◾️️ Japan: (GDP: 4.97 trillion)
  • ◾️️ Germany: (GDP: 4.00 trillion)
  • ◾️️ United Kingdom: (GDP: 2.83 trillion)
  • ◾️️ France: (GDP: 2.78 trillion)
  • ◾️️ India: (GDP: 2.72 trillion)
  • ◾️️ Italy: (GDP: 2.07 trillion)
  • ◾️️ Brazil: (GDP: 1.87 trillion)
  • ◾️️ Canada: (GDP: 1.71 trillion)

Yet, the 60+ Million scam victims pay almost no attention to the financial or political impact of cybercrime corruption or the cost.

In the next few months, there will be 8 Billion humans living on this planet.

At $6 Trillion, it will cost every one of those 8 Billion People USD$750 each per year in the hidden tax that cybercrime is costing us.

What could we do with USD$6 Trillion Dollars per year? Feed the hungry? Solve our climate crisis? Provide healthcare to everyone everywhere?

Yet, as we have seen in the recent election, cybercrime was not even mentioned. Half of the voters were more concerned with abortion rights and the climate than this issue.

Only China is taking the cybercrime issue as a real exigent threat to their nation by arresting nearly 2 million fraudsters a year (the latest estimate was 2020 of 1.9 million arrests). But the U.S. & Nigeria are the other leaders in the top 3.

To their credit, the United Kingdom is also at the forefront by reorganizing its entire law enforcement infrastructure to address cybercrime and fraud.

Global cybercrime revenue & costs are greater than drugs, human trafficking, and terrorism combined. AND ONLY CYBERCRIME has the real potential to bring down our critical infrastructure in EVERY country around the globe – it has the potential to throw us back into the dark ages and kill a significant portion of the world’s population by the hunger that would be caused by such a disruption.

In addition, cybercrime (based upon current SCARS estimates) causes more deaths a year than occurred with 9/11 – cybercrime causes about 7,300 deaths per year (mostly from suicide), but this may be an order of magnitude off – we only have limited visibility right now.

Why Isn’t Everyone Screaming About Cybercrime?

Because it is not a divisive political topic. In fact, it is a unifying political topic. Politics today is about dividing people.

THIS IS NOT A TRADITIONAL CRIME PROBLEM. THIS IS GLOBAL TERRORISM!

YOU CAN HELP SOLVE THIS. BUT WILL YOU?

SCARS needs your help to be the voice of this crisis! Will you help us? We need partners, we need supporters and donors, we need more voices! Please work with us! You can donate at http://donate.AgainstScams.org – every cent goes to help support the victims of these crimes and advocate for the global change that is needed (all SCARS personnel are volunteers.)

Also, starting on December 1st you can become a Member of SCARS and join in the fight with us!

You can help make a difference in what is happening worldwide.

This is bigger than one country, but together we can pressure politicians and governments to invest the money and the manpower to control this problem!

Will you help? Or will you stand by and see this rise to ever greater numbers?

We hope you will!

PLEASE NOTE: Psychology Clarification

The following specific modalities within the practice of psychology are restricted to psychologists appropriately trained in the use of such modalities:

  • Diagnosis: The diagnosis of mental, emotional, or brain disorders and related behaviors.
  • Psychoanalysis: Psychoanalysis is a type of therapy that focuses on helping individuals to understand and resolve unconscious conflicts.
  • Hypnosis: Hypnosis is a state of trance in which individuals are more susceptible to suggestion. It can be used to treat a variety of conditions, including anxiety, depression, and pain.
  • Biofeedback: Biofeedback is a type of therapy that teaches individuals to control their bodily functions, such as heart rate and blood pressure. It can be used to treat a variety of conditions, including stress, anxiety, and pain.
  • Behavioral analysis: Behavioral analysis is a type of therapy that focuses on changing individuals’ behaviors. It is often used to treat conditions such as autism and ADHD.
    Neuropsychology: Neuropsychology is a type of psychology that focuses on the relationship between the brain and behavior. It is often used to assess and treat cognitive impairments caused by brain injuries or diseases.

SCARS and the members of the SCARS Team do not engage in any of the above modalities in relationship to scam victims. SCARS is not a mental healthcare provider and recognizes the importance of professionalism and separation between its work and that of the licensed practice of psychology.

SCARS is an educational provider of generalized self-help information that individuals can use for their own benefit to achieve their own goals related to emotional trauma. SCARS recommends that all scam victims see professional counselors or therapists to help them determine the suitability of any specific information or practices that may help them.

SCARS cannot diagnose or treat any individuals, nor can it state the effectiveness of any educational information that it may provide, regardless of its experience in interacting with traumatized scam victims over time. All information that SCARS provides is purely for general educational purposes to help scam victims become aware of and better understand the topics and to be able to dialog with their counselors or therapists.

It is important that all readers understand these distinctions and that they apply the information that SCARS may publish at their own risk, and should do so only after consulting a licensed psychologist or mental healthcare provider.

Opinions

The opinions of the author are not necessarily those of the Society of Citizens Against Relationship Scams Inc. The author is solely responsible for the content of their work. SCARS is protected under the Communications Decency Act (CDA) section 230 from liability.

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