What is cybercrime rate in the world?
Welcome to Answerclub.org
Questions | Answers | Discussions | Knowledge sharing | Communities & more.
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
Questions | Answers | Discussions | Knowledge sharing | Communities & more.
The global cybercrime rate is challenging to quantify precisely due to underreporting and the evolving nature of cyber threats. However, estimates suggest that cybercrime costs the global economy hundreds of billions to over a trillion dollars annually. For instance, a 2023 report by Cybersecurity Ventures projected that cybercrime would cost the world $8 trillion in 2023 and could grow to $10.5 trillion by 2025. The frequency and impact of cyberattacks continue to rise, highlighting the growing importance of cybersecurity.