Global Cybercrime Damage Predicted To Hit $10.5 Trillion Annually By 2025

Did you know that over $6 trillion – the damage that cybercrime caused in 2022. If we were to measure as a country, then cybercrime — which is predicted to inflict damages totaling $8 trillion USD globally in 2023 — would be the world’s third-largest economy after the U.S. and China.

Global cybercrime costs to grow by 15 percent per year over the next three years, reaching $10.5 trillion USD annually by 2025 as per various reports, up from $3 trillion USD in 2015.

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