U.S. contributes to 44% of cyberattacks; public administration targeted for financial gains

Global cybercrime is accelerating toward a projected cost of 15.63 trillion dollars by 2029, up from an estimated 10.5 trillion dollars today, as criminals exploit new technologies faster than businesses can defend against them.

Yet 59% of organisations say they suffered at least one successful cyber attack in the past 12 months, and one in five small and medium-sized businesses report having no cybersecurity technology in place at all.

Against this backdrop, fresh data reveals a stark concentration of attacks on the United States and on public institutions worldwide.

Read more at GB Hackers