Industry News: Cyber

Cybercrime Damage Costs May Double Due to Coronavirus (COVID-19) Outbreak

Written by Cybersecurity | Mar 20, 2020 2:36:09 PM

2020-03-19

Cision: According to the report, cybercrime will cost the world $6 trillion annually by 2021, up from $3 trillion in 2015. This represents the greatest transfer of economic wealth in history, risks the incentives for innovation and investment, and will be more profitable than the global trade of all major illegal drugs combined.

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