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The Actuary The magazine of the Institute & Faculty of Actuaries
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Cyber security breaches to rise 70% by 2024

Cyber security breaches will increase by nearly 70% over the next five years and cost businesses around $5trn (£4trn) annually, up from approximately $3trn today. 


23 AUGUST 2019 | CHRIS SEEKINGS
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Criminals will learn behaviour of security systems ©Shutterstock


That is according to a new report from Juniper Research, which said that global cyber security costs are likely to rise by around 11% every year up until 2024.

Read the full article on our Predictions site here. 

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