QualityStocksNewsBreaks – Cerberus Cyber Sentinel Corporation (NASDAQ: CISO) Poised with Solutions as Costs for Cybercrime Expected to Hit $10.5T by 2025
Cerberus Sentinel (NASDAQ: CISO) is an industry leader as a managed cybersecurity and compliance provider based in Scottsdale, Arizona. This positions the company in a rapidly growing sector, with Cybersecurity Ventures projecting that cybercrime damages will cost the world a whopping $8 trillion in 2023 in an expected upward trend. “We predict that global cybercrime damage costs will grow by 15% per year over the next three years, reaching $10.5 trillion USD annually by 2025, up from $3 trillion USD in 2015,” reads a recent article published by Cybersecurity Ventures. “The 2022 Official Cybercrime Report published by Cybersecurity Ventures and…