International cybersecurity experts have worked out that in 2019, cyberattacks take place throughout the world every 14 seconds, Sberbank’s web page reports. This year, fraud using social engineering will also continue to grow worldwide — Sberbank’s specialists have determined that instances of this type of crime grew by 6% in 2018. In 2019, corporate data leaks due to targeted attacks on employees will also be one of the biggest challenges.
As the number of cyberattacks increases, the extent of the damage caused by them also grows. Last year, damage caused to companies from various sectors reached $1.5 tln. In 2019, Sberbank forecasts that damage will amount to $2.5 tln. The World Economic Forum predicts that cyberattacks will be responsible for $8 tln worth of damage by 2022.
Specialists believe that one of the reasons for the rapid growth of cybercrime is technological trends. By 2022, more than 1 tln devices will be connected to the internet. By 2023, 80% of people will have a digital avatar. Furthermore, in 2024 more than 50% of internet traffic of households will be generated by smart devices and home appliances.