According to the World Economic Forum (WEF), cybercrime has become the world’s third-largest economy after the US and China. According to the study, it is projected to cost globally $8 trillion in 2023 and $10.5 trillion by 2025. Read more
According to a recent article published by ABS CBN, the Dutch Prosecutors have been able to seize a hacker account and return the ransom money to the university, with some interest. Read more about the case here.