Cybercrime Magazine Update: Cybercrime Costs. Evolution From "Wild West" To Industrialized Economy.

The time for proactive cyber defense was yesterday. By 2031, cybercrime will cost the global economy over $1 million in damages every 3 seconds, according to Cybersecurity Ventures. But the growth patterns tell a more interesting story. Evolution Equity Partners believes that cybercrime is evolving from a "wild west" landscape to an optimized, industrialized economy. In this episode, host Paul John Spaulding is joined by Steve Morgan, Founder of Cybersecurity Ventures and Editor-in-Chief at Cybercrime Magazine, to discuss. The Cybercrime Magazine Update airs weekly and covers the latest news, interviews, podcasts, reports, videos, and special productions from Cybercrime Magazine, published by Cybersecurity Ventures. For more on cybersecurity, visit us at https://cybersecurityventures.com.