In some countries, the reported rate was even lower. Department of Justice stated that less than one in seven cybercrimes were reported. Now taking the 8th spot, cybercrime now stands side-by-side with threats including climate change and involuntary migration.

Cybercrime and cyber insecurity are new entrants into the Top 10 rankings of the most severe global risks over the next decade, according to the World Economic Forum.

Cybersecurity Ventures expects global cybercrime costs to grow by 15 percent per year over the next three years, reaching $8 trillion USD globally this year and $10.5 trillion USD annually by 2025, up from $3 trillion USD in 2015.The latest edition of the Cybersecurity Almanac provides an enlightening journey into noteworthy security incidents and the hackers behind them, as well as a comprehensive overview of critical historical dates, insightful statistical information, the cyberdefense landscape, cybersecurity investment trends, and more. We have something for everyone, including students, parents, academia, government, law enforcement, small-to-midsized businesses, Fortune 500 and Global 2000 companies, IT workers, cybersecurity experts, chief security officers, the boardroom, and C-suite executives. and China, surpassing the wealth of entire nations.Ĭybersecurity Ventures is excited to release this special third annual edition of the Cybersecurity Almanac, a handbook containing the most pertinent statistics and information for understanding cybercrime and the cybersecurity market. If it were measured as a country, then cybercrime - which is predicted to inflict damages totaling $8 trillion USD globally in 2023, according to Cybersecurity Ventures - would be the world’s third-largest economy after the U.S. The past, present, and future of cybercrime.

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