Printed from

Cybercrime to cost global economy $3 trillion by 2020: Experts

Posted On: Jul. 5, 2017 4:00 AM CST

Cyber security experts have said that cybercrimes are expected to cost the global economy $3 trillion by 2020, The Newpaper reported. That’s compared with $450 billion in 2016, the experts said. Meanwhile, a survey by Quann Singapore Pte. Ltd. and Singapore-based research firm IDC Asia/Pacific found that more than 90% of Singaporean businesses are in the early stages of security preparedness.

Read more.