Global Complacency on Personal Data Theft: A Crisis Demanding Immediate Action

The rapid digitization of our world has transformed personal data theft into a global crisis of staggering proportions. Every day, citizens are exposed to identity fraud, phishing scams, and financial losses that affect their lives and livelihoods. Despite the growing frequency and impact of these crimes—now affecting 1 in 3 people worldwide—there is a troubling lack of unified response. In 2022 alone, global cybercrime caused $8.4 trillion in losses, with projections reaching $10.5 trillion annually by 2025. This crisis cannot be left to individuals or isolated regulations; it requires a focused global strategy.