Global losses from cybercrime are close to becoming a ‘trillion-dollar’ shackle that is weighing down the global economy, with the annual global cost of cybercrime pegged at $945 billion – or 1% of the entire world’s GDP.
These are some of the figures from McAfee’s The Hidden Costs of Cybercrime report, conducted in partnership with the Center for Strategic and International Studies.
Source: Global cybercrime losses rapidly approaching trillion-dollar mark – McAfee report
