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Cybercrime to cost over $10 Trillion by 2025

Security Boulevard

With cybercrime rising by 600% during the pandemic, businesses are more vulnerable than ever to the financial and reputational repercussions of cyberattacks. Costs of Cybercrime Global cybercrime costs are on the rise, increasing 15 per cent year over year, according to a 2021 cyberwarfare report by CyberSecurity Ventures.

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News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies

The Last Watchdog

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. The economic impact of cybercrime on business across the globe continues to reach new levels, with the cost predicted to reach US$10.5

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Hackers shifting cybercrime focus towards smart phones and tablets

CyberSecurity Insiders

trillion by 2025, and among the guestimate, half of the amount is expected to be made through phishing targeting mobiles and tablets. Agility, awareness and alertness are the only mantra to mitigate risks. The post Hackers shifting cybercrime focus towards smart phones and tablets appeared first on Cybersecurity Insiders.

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PECB Certified Lead Ethical Hacker: Take Your Career to the Next Level

The Hacker News

Cybercrime is increasing exponentially and presents devastating risks for most organizations. According to Cybercrime Magazine, global cybercrime damage is predicted to hit $10.5 trillion annually as of 2025. This method identifies potential security vulnerabilities in its early

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6 Consensus Principles for Cyber Risk Governance: A Roadmap for Boards

SecureWorld News

And a report by the World Economic Forum estimates that the global cost of cybercrime could reach $10.5 trillion by 2025. They need to understand the economic drivers and impact of cyber risk, and they need to ensure that cyber risk management is aligned with business objectives.

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Three Biggest Issues Driving Cybersecurity

Security Boulevard

Cybercrime will cost companies $10.5 billion annually by 2025. The estimated cost of cybercrime in 2021 was $6.1 Cyberattacks have become one of the top concerns for technology executives and business owners. trillion, which is expected to grow 15% each year. The number of online.

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Mind the Gap – How to Ensure Your Vulnerability Detection Methods are up to Scratch

The Hacker News

With global cybercrime costs expected to reach $10.5 trillion annually by 2025, it comes as little surprise that the risk of attack is companies' biggest concern globally. To help businesses uncover and fix the vulnerabilities and misconfigurations affecting their systems, there is an (over)abundance of solutions available.