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Cybercrime costs will hit $6 trillion annually, damage costs from ransomware will rise to $20 billion. Cybercrime is estimated to reach the $10.5 trillion mark annually by 2025. Cyberattacks on iPhones, iPads, and Macs are still susceptible to cyberattacks. Cybercriminals are very quick to catch in on these lapses, leading to the increase we are seeing in cyberattacks. The cost of a ransomware attack on businesses averages $133,000. According to Cybersecurity Ventures, any business on the list of these cybercriminals will fall victim to ransomware attacks every 11 seconds by 2021.
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