cybercrime damages will cost the world $6 trillion annually by 2021
Ransomware, the fastest growing and one of the most damaging types of cybercrime, will ultimately convince senior executives to take the cyber threat more seriously, says Montgomery — but he hopes it doesn’t come to that. Cybersecurity Ventures predicts that ransomware damages will cost the world $20 billion in 2021, which is 57X more than it was in 2015.
