Cybercrime Expected to Become World's Third-Largest Economy by 2026
Forbes
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Contributed by: Drex DeFord
Summary
By 2026, cybercrime is expected to become the world's third-largest economy, valued at $20 trillion, fueled by the evolution of AI and quantum computing technologies. These advancements will enable both sophisticated cyber attacks and enhanced defense mechanisms, yet humans will continue to be the weakest link in cybersecurity. The rise of ransomware-as-a-service and deepfake technology will empower even non-technical criminals to exploit vulnerabilities, necessitating a stronger focus on human-centric security training within organizations. Furthermore, the advent of quantum computing threatens existing encryption methods, prompting urgent action to safeguard sensitive information against imminent threats.
