Damages caused by cybercrime are expected to reach more than $27 billion by 2025.
Throughout the last six years, cybercrime damages increased by an average of 37,44 percent per year. Atlas VPN expects that in 2020, financial losses growth caused by hacker attacks will exceed the six year average due to the COVID-19 pandemic.
Lockdowns might act as a catalyst for the biggest hacker attack outbreak to date. People are stuck at home, surfing the web, and working remotely. Meaning, the pool for potential cybercrime victims has never been larger.