The annual cost of cybercrime is set to hit $10.5 trillion by 2025. The losses caused by theft, fraud and
embezzlement are compounded by the disruption that follows. Forensic investigations, restoration and
deletion of hacked data and systems, lost productivity and, inevitably, reputational harm all add to the
bill.
Of course, cybercrime is a shape-shifting enemy that quickly adapts to its surroundings. As more of our
national, corporate and personal business goes digital, new threats emerge and priorities shift.
Fore-warned is fore-armed, however! So, to ensure we have the right cybersecurity technologies in place
and carry out meaningful techstack reviews, here are the top five cybersecurity trends that X-PHY has
identified for 2022.