Global Cybercrime Costs Expected to Reach $10.5 trillion USD Annually by 2025
According to Cybersecurity Ventures, "Global cybercrime costs expect to grow by 15% per year over the next five years, reaching $10.5 trillion USD annually by 2025, up from $3 trillion USD in 2015.
This represents the greatest transfer of economic wealth in history, risks the incentives for innovation and investment, is exponentially larger than the damage inflicted from natural disasters in a year, and will be more profitable than the global trade of all major illegal drugs combined."
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