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Global Cybercrime Costs Top $600 Billion

Cybercrime currently costs the global economy a startling $600 billion annually, or 0.8% of the global GDP. The figure represents a 20% jump from the $500 billion that cybercrime cost in 2014. Malicious activity on the Internet is at an all-time high, with some vendors reporting 80 billion malicious scans, 4,000 ransomware attacks, 300,000 new malware samples and 780,000 records lost to hacking on a daily basis. Nearly half of all attacks these days end up costing the victim at least $500,000.”]

Source: https://www.darkreading.com/attacks-breaches/global-cybercrime-costs-top-600-billion

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