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A new report has found that over 33 billion records will be stolen by cybercriminals in 2023 alone.
The new findings gathered by Juniper Research and published in its report, “The Future of Cybercrime & Security: Threat Analysis, Impact Assessment & Leading Vendors 2018-2023,” shows that there will be a staggering increase of 175 percent in cybercrime in 2023. That’s compared to the 12 billion records expected to be compromised this year, resulting in a cumulative loss of over 146 billion records for the whole period.
The report notes that “in spite of legislation like GDPR and PSD2 mandating strong cybersecurity and authentication measures to protect personal and financial data, average levels of cybersecurity spend will
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