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Cybercrime Costs Projected To Reach Trillion Dollar Mark
Cybercrime costs are expected to reach $14 trillion globally by 2028, according to Munich Re’s latest Cyber Insurance report. The 10 sectors hit hardest by cyberattacks in 2025 have been identified, with rapid AI adoption potentially outpacing necessary cybersecurity measures. The average cost of a data breach has hit $10.2 million, highlighting the need for robust cybersecurity measures. This information was reported by PropertyCasualty360.