Cybercrime to surpass $6 Trillion by 2021: Cybersecurity Ventures

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Scottsdale, AZ – November 14, 2016: A report by information-security analyst firm, Cybersecurity Ventures, estimates that cybercrime will double within just five years, reaching $6-trillion annually by 2012, up from an expected $3-trillion this year.

“One of the reasons that cybercrime damage is rapidly on the rise is because of everything that is computerized and connected to the Internet,” said Rohit Pillai, tech support analyst with Jupiter Support, an online remote tech support organization.

Other key findings in the report include:

  • By 2020, the dramatic increase in the number of people and devices connected to the Internet will need 50 times the protection than it needs today

  • The number of points at which an attacker can target is expected to grow ten times larger over the next five years.

  • There is no effective law enforcement against financial cybercrime today.

The best way to protect yourself against the rising tide of cybercrime is to be prepared. Visit www.jupitersupport.com for more information.

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Cybercrime to surpass $6 Trillion by 2021: Cybersecurity Ventures
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