Cybercrime cost the world over $1 trillion in 2020

“More than $1 trillion was spent on cybersecurity or given up as a result of a cyberattack last year, representing approximately one percent of the world’s GDP.

This is according to a report from Atlas VPN, which states that the majority ($945 billion) was lost due to cybersecurity incidents, while the remaining $145 billion was spent on putting protections in place.” – read more at ITProPortal!