Security News > 2020 > May > Why developed countries are more vulnerable to cybercrime
Developed nations have higher incomes, technology, urbanization, and digitalization, which are all factors for greater cyber risk, says VPN provider NordVPN. Any person, organization, or country can be a victim of cybercrime, but some people and places are more susceptible than others.
Looking at 50 different countries across the world, NordVPN found that people in developed nations are more likely to become victims of cybercrime.
The report also ranked countries on specific factors, such as urban population, average wage, internet penetration, smartphone penetration, public Wi-Fi availability, Facebook penetration, and Instagram penetration.
Sweden took top place because it was highest among all analyzed countries in internet, smartphone, and Instagram penetration.
Third, NordVPN trimmed the data down to the 14 most significant factors, specifically urban population, monthly average wage, tourism, internet penetration, smartphone penetration, time spent on the internet, e-commerce penetration, online games penetration, video-on-demand penetration, public Wi-Fi availability, Facebook penetration, Instagram penetration, crime index, and global cybersecurity index.