Cybercrime Will Increase To $10.5 Trillion

🚨 🚨 In 2020, the global cybercrime market was worth around $1.5 trillion. Cyberattacks increased by 600% due to the COVID-19 pandemic. On average, a new cyberattack occurs every 39 seconds. Ransomware attacks increased by 311% in 2020. Business email compromise (BEC) scams caused $1.8 billion in losses in 2020. The financial cost of cybercrime worldwide is estimated to reach $10.5 trillion annually by 2025
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