Cybersecurity And The Economy

Ceos see cybersecurity as the number one threat to the global economy over the next five to ten years a new report has claimed. The global cyber security market is forecast to grow at a slower average rate of 6 2 per year to 2023 due to the economic consequences of the coronavirus pandemic in 2020. Gold standard cyber security for the gig economy.

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Cybersecurity and the economy. By 2021 cybercriminals are projected to cost the global economy more than 6 trillion annually up from 3 trillion in 2015. Cybercrime and the economy have always been intertwined but with covid 19 on the road to causing a seemingly inevitable global recession many are asking what exactly will the impact be on cybercrime. Cyber security etfs have been pretty resilient amid the coronavirus led market selloffs. Will criminals step up and increase malware production ramp up phishing attacks do whatever it takes to pull in some cash.

The gig economy is said to be many things but one thing that isn t talked about enough is the potential cyber attack vectors it can open up. In its 2019 ceo imperative study published tuesday management. Instead news articles and op eds variously depict it as symptomatic of the decline in the traditional nine to five day characterised by a stable income and healthcare or the jet fuel.