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It might be including the cost of the entire cybersecurity business sector? Salaries of security engineers, security vendors, etc. Not just fallout from hacks.
by varenc 1y ago
It might be including the cost of the entire cybersecurity business sector? Salaries of security engineers, security vendors, etc. Not just fallout from hacks.
edit: cybersecurity ventures seems to be the real source for the 10.5T number: https://cybersecurityventures.com/cybercrime-damage-costs-10-trillion-by-2025 https://cybersecurityventures.com/cybercrime-damage-costs-10...
Apparently their methodology is just assume $3T cybercrime cost in 2015, then compound it by 15% annual.