$10.5trn or 45% of the projected GDP of China – this is the expected cost of cybercrime on the global economy by 2025. The 2021 estimate is $3.5trn, with South Africa estimated to lose $157m to cybercrimes yearly. Perhaps the most telling statistic, however, is that 95% of cybersecurity breaches are caused by human error.

Sources: one, two, three, four