Cybercrime emerges from the dark web

Cyberattacks are now costing the world about $9.5 trillion in 2024, aligning with a 2020 forecast from Cybercrime magazine that projected $10.5 trillion by 2025. With the 2015 price tag at $3 trillion, cybercrime has grown into a major “economic” threat, comparable to the world’s largest national economies if treated as its own sector. The article cites specific incidents: Coupang, a South Korean e-commerce platform, disclosed a December 2025 breach affecting nearly 35 million users; a month earlier, attackers accessed data tied to more than 200 Salesforce-linked companies; Jaguar Land Rover faced a ransomware shutdown linked to the Spider group that cost about $2.2 billion in lost production; and Marks & Spencer reported losses between £200 million and £300 million after a cyber intrusion in April. It adds that 2025 attacks were dominated by cryptocurrency theft, third-party vendor breaches, and disruptive ransomware.