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The True Cost of Cybercrime: Why Global Damages Could Reach $1.2 – $1.5 Trillion by End of Year 2025
Introduction: The Escalating Economic Threat of Cybercrime Cybercrime is no longer just an IT problem—it has evolved into a global economic crisis, affecting corporations, governments, and individuals alike. With increasing ransomware attacks, nation-state cyberwarfare, and financial fraud, the total global cost of cybercrime is projected to reach $1.2 trillion annually by the end of 2025. Unlike exaggerated claims of $10+ trillion in cybercrime damages, this article presents a realistic, data-driven estimate based on FBI IC3…
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