Cybercrime Magazine extrapolates the top 5 market data points from our research in order to summarize the cybersecurity industry through 2021.

Although the numbers listed below have been featured and quoted (with attribution to us as the source) by hundreds of major media outlets, vendors, academia, governments, associations, event producers, and industry experts – the material is all original research which first appeared in reports published by Cybersecurity Ventures.

1. Cybercrime damage costs are predicted to hit $6 trillion annually by 2021.

Cyber crime damages will cost the world $6 trillion annually by 2021, up from $3 trillion in 2015. This represents the greatest transfer of economic wealth in history, risks the incentives for innovation and investment, and will be more profitable than the global trade of all major illegal drugs combined.

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