Printed from BusinessInsurance.com

Cybercrime market worth $1.5 trillion a year: Report

Posted On: Oct. 15, 2020 8:54 AM CST

A report by France-based Thales SA said that the global cybercrime market is worth $1.5 trillion a year, Gulf Business reports. Of this amount, 60% comes from illegal online markets, 30% from theft of intellectual property and trade secrets and 0.07% from ransomware, which causes the most damage.

Read more.