680 Toorak Road, Malvern, 3144
+61 4 8461 3508

Tag: digital protection

Social Media Marketing Agency

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, …