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True Spies: Espionage | Investigation | Crime | Murder | Detective | Politics cover image

True Spies: Debriefs - Eric O'Neill on the frontiers of cyberwarfare

True Spies: Espionage | Investigation | Crime | Murder | Detective | Politics

INSIGHT

Cybercrime's Economic Impact

  • Cybercrime is the fastest-growing industry globally, fueled by the dark web's anonymity and vast marketplaces for illicit activities.
  • The dark web facilitates various cybercrimes, including ransomware attacks, and other illegal trades.
  • By 2026, the cost of cybercrime is projected to exceed $20 trillion, making the dark web the third-largest economy globally after the U.S. and China.
  • The dark web's growth fuels cybercrime's expansion, attracting skilled individuals with financial incentives and enabling sophisticated, large-scale attacks through AI.
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