Cybercrime Among World’s Biggest Economies

Here’s a mind-boggling measurement of the size of the cybercrime problem: its $1.5 trillion in estimated earnings annually is roughly equivalent to Russia’s gross domestic product (GDP). If cybercriminals were a country, they would have the 13th highest GDP in the world. A recent study also pointed out the rise of the “cybercrime as a service” model, which makes launching a denial of service attack or ordering stolen data sets as easy as using a consumer platform — and sometimes even uses a consumer platform to do it.

As digital transformation helps criminals do their job more effectively, having an up-to-date cybersecurity program to protect you is more critical than ever. Contact Xantrion for help developing or improving yours.

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