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Browse: Home / 2015 / May / 15 / Cybercrime Costs to Soar to $2T By 2019 — CFO.com

Cybercrime Costs to Soar to $2T By 2019 — CFO.com

By Securities Docket on May 15, 2015, 1:32 pm

Cybercrime will cost businesses over $2 trillion by 2019, almost four times the estimated cost of security breaches this year, according to a report by Juniper Research.

Most breaches will target existing information technology and network infrastructure, the U.K. research and analytics firm said.  While attacks on mobile devices and the Internet of Things are being reported at an increasing rate, the number of infected devices is minimal compared to more traditional computing devices.

via Cybercrime Costs to Soar to $2T By 2019 — CFO.com

Posted in Risk Mgmt, Top | Tagged Reports

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