Cybercrime Profits Soar to $1.5 Trillion

Threat actors are generating, spending and reinvesting $1.5 trillion worth of cybercrime profits, according to a nine-month academic study.

For its new report titled “The Web of Profit,” Bromium worked with criminology researcher Dr. Mike McGuire at the University of Surrey to examine the revenue flow and profit distribution from money laundering, data trading, ransomware and other illicit activities.

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