BY 2021, CYBERCRIMES WILL COST $6 TRILLION PER YEAR WORLDWIDE.
The cost of cybercrimes will double in the next five years, up from $3 trillion in 2015, according to a report published by Cybersecurity Ventures. This includes not only stolen money and ransom, but also the value of lost productivity and intellectual property, data theft, business disruption, reputational harm and more. Experienced cybersecurity professionals can help reduce this cost for their organizations by putting protections into place, firming up security policies and identifying vulnerabilities before attacks happen.