7 Reasons Global Attacks will increase in 2023

Caute_cautim — Mon, 09 Oct 2023 10:25:08 GMT

Hi All

In 2023, the global annual cost of cyber crime is predicted to top $8 trillion, according to a recent Cybersecurity Ventures report. This seemingly enormous figure might still be a major underestimate.

In 2021, U.S. financial institutions lost nearly $1.2 billion in costs due to ransomware attacks alone. That was a nearly 200% increase over the previous year. If we continue at that rate, next year could see global costs approaching $16 trillion.

Why might costs be so high? Here are seven reasons why cyberattack rates and costs will rise dramatically in 2023.

https://securityintelligence.com/articles/7-reasons-global-attacks-will-soar-2023/

Regards

Caute_Cautim

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7 Reasons Global Attacks will increase in 2023