21 Jan AI’s Market Value To Exceed $1.5 Trillion In 2025. What This Means For Cybersecurity.
This week in cybersecurity from the editors at Cybercrime Magazine
–Read the Full Story in DailyFT
Sausalito, Calif. – Jan. 21, 2025
With cybercrime costs projected to reach an astronomical $10.5 trillion annually by 2025, according to Cybersecurity Ventures, the stakes have never been higher.
DailyFT, Sri Lanka’s first and only national daily business paper, reports that AI’s market value is expected to surpass $ 1.5 trillion within the same timeframe, underlining its growing dominance in every industry. This convergence represents a dual-edged sword: while AI offers unprecedented capabilities for detecting, preventing, and mitigating cyber threats, it also equips malicious actors with new tools for sophisticated attacks.
The critical question is no longer whether AI will shape the future of cybersecurity, but how effectively it can be harnessed to build a resilient digital ecosystem.
In such a background, the 10th Daily FT-CICRA Annual Cybersecurity Summit held recently in Sri Lanka discussed these challenges and explored the potential of AI-driven solutions to combat escalating cyber threats.
Cybercrime Magazine is Page ONE for Cybersecurity. Go to any of our sections to read the latest:
- SCAM. The latest schemes, frauds, and social engineering attacks being launched on consumers globally.
- NEWS. Breaking coverage on cyberattacks and data breaches, and the most recent privacy and security stories.
- HACK. Another organization gets hacked every day. We tell you who, what, where, when, and why.
- VC. Cybersecurity venture capital deal flow with the latest investment activity from various sources around the world.
- M&A. Cybersecurity mergers and acquisitions including big tech, pure cyber, product vendors and professional services.
- BLOG. What’s happening at Cybercrime Magazine. Plus the stories that don’t make headlines (but maybe they should).
- PRESS. Cybersecurity industry news and press releases in real time from the editors at Business Wire.
- PODCAST. New episodes daily on the Cybercrime Magazine Podcast feature victims, law enforcement, vendors, and cybersecurity experts.
- RADIO. Tune into WCYB Digital Radio at Cybercrime.Radio, the first and only round-the-clock internet radio station devoted to cybersecurity.
Contact us to send story tips, feedback and suggestions, and for sponsorship opportunities and custom media productions.
