According to a recent survey completed by Cybersecurity Ventures, the cost of global cybercrime will exceed $6 trillion annually by 2021. This is more than double the annual costs of cybercrime in 2015. The costs included in this figure are data damage and destruction, stolen money, loss of productivity, intellectual property theft, personal or financial data theft, fraud, embezzlement, business disruption, investigation, as well as restoration and deletion of hacked data and systems.
In 2015, the healthcare industry topped the list of the most cyber-attacked industries. Healthcare was followed by manufacturing, financial services, government, and transport agencies respectively.
The survey also found that cybersecurity defense costs will most likely exceed $1 trillion cumulatively from 2017 to 2021.
Ransomware attacks have risen 300% in 2016. The survey found that in 2015, cybercriminals produced malware at a rate of 230,000 new samples per day. The rate of new malware samples created daily are expected to be much higher in 2016. In 2015, a new zero day vulnerability was discovered every day. A zero day vulnerability is a security hole in software that is unknown to the vendor. This vulnerability is exploited by cybercriminals before the vendor is aware of it and can fix it.