Extensive cost increases for cyber security
According to a survey, about 200,000 people may have been affected by identity fraud in 2016, which is one of Sweden’s most common crimes. As a comparison, “only” 65 300 bicycles were reported stolen the same year.
An analyst predicts that cyber security-related crimes will soon cost global society the equivalent of 60 billion SEK annually, which is three times higher than Sweden’s GDP and a higher turnover than global trade in illegal drugs.
According to the same report, a company will suffer from ransomware every fourteen seconds. The Internet of Things and self-driving cars will lead to new types of crimes and there will soon be 3.5 million cybersecurity-related jobs, as it will not be possible to hire staff until the skills are missing.
“Small and medium-sized enterprises are expected to become a target for cyber security-related crime”