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8 Fastest-Growing Types Of Cybercrime To Guard Against

Here's a look at eight of the most threatening types of cybercrime from botnets to cryptojacking to ransomware identified by threat researchers and technical leaders at Kaspersky, Panda Security, and Symantec.

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Cybercrime And Punishment

Cybercrime is causing unprecedented damage to both private and public enterprises, driving up information and cybersecurity budgets for commercial enterprises of all sizes as well as governments and educational institutions. In fact, cyberattacks are the fastest-growing crime in the United States, increasing every year in size, sophistication and cost.

By 2021, cybercrime is expected to be more profitable than the global trade of all major illegal drugs combined, costing the world $6 trillion annually, up from just $3 billion in 2015, according to Cybersecurity Ventures. This represents the greatest transfer of economic wealth in history, and puts the incentives associated with innovation and investment at risk.

From botnets and cryptojacking to business email compromise and ransomware, here's a deep dive for CRN's Cybersecurity Week 2019 into eight of the most threatening types of cybercrime threat researchers and technical experts at Kaspersky, Panda Security, and Symantec believe are on the horizon.

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