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Tag: cybersecurity

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Cybercrime – Will be $10.5 Trillion By 2025

If it were measured as a country, then cybercrime — which is predicted to inflict damages totalling $6 trillion USD globally in 2021 — would be the world’s third-largest economy after the U.S. and China. Cybersecurity Ventures expects global cybercrime costs to grow by 15 per cent 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, …

Cybersecurity – The struggle to keep pace with network security needs 100

Cybersecurity – When the topic of network and security convergence is in the discussion, the song ‘Don’t Believe the Hype’ from the 80’s hip hop group ‘Public Enemy’ comes to mind. But unlike the song, security heads and CISOs should believe the hype. Over the last ten years, CISOs of businesses have needed to be fast on their feet as the pace of technology has accelerated and influenced the way businesses and consumers operate in …