30 May Cyber Rica: The Global Cybercrime Industry As A Country
This week in cybersecurity from the editors at Cybercrime Magazine
Sausalito, Calif. – May 30, 2025
– Read the full story in Cybercrime Magazine
To understand the magnitude of the modern cybersecurity threat, it’s instructive to think of the global cybercrime industry as a country. In its ‘2025 Official Cybercrime Report‘, Cybersecurity Ventures calls this rogue state Cyber Rica.
With gross domestic product (GDP) of $10.5 trillion this year, Cyber Rica’s economy is one-third of that of the U.S. – whose GDP this year will be around $30 trillion – and two-thirds as large as that of China, with GDP of $19.2 trillion.
Third-place Germany, by contrast, will have a GDP of around $4.7 trillion this year – meaning that in 2031, the residents of Cyber Rica will be collectively stealing and causing harm that equals the GDPs of Germany, India ($4.2 trillion), and Japan ($4.2 trillion) combined.
For any other country, such accumulation of wealth would be a laudable achievement – but the massive amount of money at play in Cyber Rica comes at the expense of the citizens and businesses of other countries, who face relentless and unceasing assault from crypto scammers, data-scraping botnets, credential theft, identity theft, card theft, and the outright extortion that once-straightforward ransomware has now become.
The citizens of Cyber Rica, in other words, are leeches – taking from the world’s other residents but giving nothing back.
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.
