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5 U. Cent. Fla. Dep't Legal Stud. L.J. 137 (2022)
The Exponential Rise of Cybercrime

handle is hein.journals/ucflaegs5 and id is 138 raw text is: THE EXPONENTIAL RISE OF CYBERCRIME Tyler Jackson Ruposky Introduction It is undeniable that cyberspace and, more recently, cybercrime have dominated our lives over the last few decades. It has been a common theme in entertainment, with books such as George Orwell's 1984 and movies like The Matrix, both of which are iconic in the science fiction world. The cyber tendencies of our world are continually discussed in the news cycle: cryptocurrency trends, Meta and the Metaversel-a completely digital world presented through virtual- reality-and there is seemingly always a data breach from some company. The rapid advancement in technology and the increasing availability of it have allowed for a boom in technological accessibility and capability. A natural byproduct of this accessibility, though, is a massive increase in cybercrime. Cybercrime complaints are exponentially increasing,2 yet cybercrime prevention and mitigation has only recently garnered attention. Ultimately, cybercrime has been rising because of the general legal and technical difficulties involved in enforcing it, the perception of cyberspace may not be entirely developed yet, and cybercrime can be very lucrative given the tactics employed by cybercriminals. The Rising Frequency and Cost of Cybercrime The rise of cybercrime is made clear by the annual Internet Crimes Report, which is produced by the Internet Crimes Report Center, who reports to the Federal Bureau of Investigation (FBI).3 As cybercrime ' See Brooks Canavesi, What Is the Metaverse: Where We Are and Where We're Headed, Association for Talent Development (Jan. 5, 2022), https://www.td.org/atd-blog/what-is-the-metaverse-where-we-a re-and-where- were-headed (Last Accessed Feb. 16, 2022). 2 U.S. FBI & Internet Crime Complaint Center, Internet Crime Report, (2020), https://www.ic3.gov/Media/PDF/Annual Report/2020_C3 Report. pdf (Last Accessed Feb. 15, 2022). 3 See FBI Internet Crime Complaint Center, About Us, available at https://www.ic3.gov/Home/About. 137

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