Development of cybercrime and cybersecurity

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Cybercrime is a serious problem and the number of cyberattacks is growing rapidly.

In 2015, cybercrime losses amounted to $3 trillion. By 2024, they will reach $6 trillion, which will exceed the damage from natural disasters. The cybercrime industry has every chance of overtaking the drug trade. This will hinder the development of IT companies and their ability to attract investment.

Cybersecurity Ventures predicts that online ransomware will cost $20 billion in 2024. For comparison, in 2019, the damage was $11.5 billion, in 2017 - $5 billion, and in 2015, only $325 million. In 2016, ransomware attacks occurred every 14 seconds, in 2019 - every 40 seconds.

The World Wide Web was invented in 1989. Digital technologies are evolving. Now, people, not devices, are more often the targets of cyber attacks. In 2015, 2 billion people went online, and by 2020 their number will exceed 6 billion. In 2017, the number of Internet users reached 3.8 billion people, which is more than half of the world's population. By 2020, the number of network users will exceed 6 billion, which is 75% of the planet's inhabitants. By 2030, 90% of the world's population will use the Internet. Experts predict that by 2024 there will be 6 million hackers in the world.

In 2004, the global cybersecurity market was worth $3.5 billion, and in 2017, it was more than $120 billion. By 2024, companies will spend $170 billion on data protection.

Spending on security in the Internet of Things (IoT), industrial control systems (ICS), and the automotive industry will increase. The total cost of cybersecurity will be $1 trillion.

By 2024, 3.5 million cybersecurity jobs will be created. Large companies are training employees to resist cyberattacks. By 2027, training costs will reach $10 billion, up from about $1 billion in 2014. Much of the training is focused on fighting phishing and ransomware attacks.
 
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