Cybercrime Costs to Reach $8 Trillion by 2022

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Cybercrime costs are expected to saddle businesses with a whopping $8 trillion price tag over the next five years, as connectivity to the Internet rises but security system upgrades don’t keep pace, according to a Juniper Research report released today. In this year alone, 2.8 billion data records held by business customers are expected to be breached, according to the report, The Future of Cybercrime & Security:

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