If Cybercrime Was a Country, Its Economy Would Be Third in World Behind USA, China


Source: news18.com news18.com

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The global cybercrime costs had already surpassed the size of the Indian economy a few years ago. Cybercrime would also be ahead of Japan and Germany's economies. 28 IST FOLLOW US ON: Buzz Staff How much does cybercrime cost in sheer monetary value? More than the economies of most countries. A new report by US-based firm Cybersecurity Ventures, has found that cybercrime is predicted to inflict damages totaling $6 trillion USD globally in 2021. “Cybersecurity Ventures expects global cybercrime costs to grow by 15 per cent per year over the next five years, reaching $10.5 trillion annually by 2025, up...