According to recent research, cyber crime incomes have begun to form a bigger economy than countries. Worldwide, more than $ 1.5 trillion a year goes to the banks of cybercriminals.
Cybercriminals are challenging countries
A report issued by Bromium indicates that cybercriminals as a whole earn more money each year than Russia.
Indeed, if all the cybercrime were a country, total GDP (gross domestic product) from cybercrime activities settled in the 13th place of the world.
Illegal cyber criminal markets earn $ 860 billion a year. This is followed by theft of commercial secrets ($ 500 billion), data trade ($ 160 billion), cybercrime software ($ 1.6 billion) and ransom software ($ 1 billion).
Online crime funds fund offline crime
Raporda also notes that cybercriminals use funds they obtain from illegal activities, often funding illegal activities that go beyond the digital realm and that are involved in the "offline world".
Thus, 20 percent of the funds are re-invested in other crimes, including drug production, human trafficking and terrorism. According to the report, $ 300 billion is transferred annually to these activities.
The new cybercrime, which is progressing by multiplying its effect, looks like it will open bigger problems to the world in the future.
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