Tag Archives: Cybersecurity Ventures

C-Suites: Cybercrime Damages Expected to Reach $6 Trillion by 2021

According to Cybersecurity Ventures, cybercrime is the fastest growing crime in the U.S., with damages expected to reach $6 trillion globally by 2021. Therefore, it is axiomatic that C-Suites continue to address the risk associated with cybercrime and how cybercrime will affect the business. Ransomware continues to be one of the biggest risks to company … Continue Reading

Ransomware Attacks Predicted to Occur Every 11 Seconds in 2021 with a Cost of $20 Billion

Confirming what we are seeing in the field, cybersecurity firm Cybersecurity Ventures has predicted that, globally, businesses in 2021 will fall victim to a ransomware attack every 11 seconds, down from every 14 seconds in 2019. That figure is based on historical cybercrime figures. It is estimated that the cost of ransomware to businesses will … Continue Reading
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