Cybercrime damage costs to hit £5 trillion annually by 2021. It all begins and ends with cybercrime. Without it, there's nothing to cyber-defend.

Cybersecurity spending to exceed £1 trillion from 2017 to 2021. The rising tide of cybercrime has pushed cybersecurity spending on products and services to more than £75 billion in 2016, according to Gartner.

As the world goes digital, humans have moved ahead of machines as the top target for cybercriminals. Microsoft estimates that by 2020, 4 billion people will be online - twice the number that are online today. The hackers smell blood now, not silicon.

What does it all mean? Last year, Ginni Rometty, IBM's chairman, president and CEO, said "Cybercrime is the greatest threat to every company in the world."

Online fraud is now the most common crime in the UK with almost one in ten people falling victim, the latest figures have revealed.

More than five and a half million cyber offences are now thought to take place each year accounting for almost half of all crime in the UK.

Contact SBS Cyber Security





Please leave this field empty.

Our Partners