Accenture-Report  - Accenture Report - Cybercrime could cost companies trillions over the next five yearsA new report (PDF) by Accenture indicates that over the next years, cyberattacks could result in global costs totaling $.2 trillion.

That amount includes both lost revenue for companies and the expenses businesses are likely to incur due to . The high costs have to do with the growth of the digital economy and the poor cybersecurity controls applying to new technologies. 

Based on the survey of around 1,700 C-suite members from across the globe, Accenture claims that “Internet is lagging behind the sophistication of cybercriminals and is leading to an erosion of trust in the digital economy”. 

As a point of comparison, the U.S. economy is expected to be USD 19 Trillion in . Helpnet has a more in-depth story and the link to the PDF is to the full report:

https://www.helpnetsecurity.com/2019/01/21/cybercrime-could-cost-companies-trillions/

 



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