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Cybercrime is on the rise in the United States and around the world.<\/p>\n
According to Statista\u2019s Cybersecurity Outlook, the global cost of cybercrime is set to rise by a whopping 284 percent over the next five years.<\/p>\n
The study estimates that the cost of cybercrime is expected to increase from $8.44 trillion in 2022 to $23.82 trillion by 2027.<\/p>\n
As a result, cybersecurity companies are expected to be the main beneficiary of the surge in cybercrime, especially in the United States, which is expected to generate the most revenue.<\/p>\n
Here are the main highlights from Statista’s findings:<\/p>\n