Advertisement
Top

The economic impact of cybercrime will reach $8 Trillion by 2022

May 31, 2017

Category:

According to a report published by Juniper Research, the number of data records that will be compromised in security breaches in 2017 will reach 2.8 billion.

The economic impact of cybercrime is expected to reach $8 trillion price tag over the next five years, the diffusion of IoT devices is enlarging our surface of attack and it will be one of the factors that will sustain this trend.

Small-and mid-size businesses (SMBs) are more exposed to cyber attacks, these organizations will reserve an average of under $4,000 a year in 2017 on cyber security expenses.

Read More on Security Affairs