Cyber threats to cost $10.5T by 2025 as cybersecurity investments surge Related news

Cristiana Gigina

ISTANBUL   The financial impact of cyberattacks is expected to reach $10.5 trillion annually by 2025, pushing global companies and governments to rapidly increase investments in cybersecurity, according to a sector expert. Senad Aruc, founder and CEO of Netherlands-based security operations firm Imperum, told Anadolu that while the cybersecurity sector continues to expand, threats are evolving just as fast — and becoming more costly. “Cybersecurity investments are not a cost but necessary

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