Cerberus Sentinel Poised with Solutions as Costs for Cybercrime Expected to Hit $10.5T by 2025
LOS ANGELES, CA - ( NewMediaWire ) - December 21, 2022 - (InvestorBrandNetwork via NewMediaWire) -– IBN, a multifaceted financial news, content creation and publishing company, is utilized by both public and private companies to optimize investor awareness and recognition.
Cerberus Sentinel (NASDAQ: CISO) is an industry leader as a managed cybersecurity and compliance provider based in Scottsdale, Arizona. This positions the company in a rapidly growing sector, with Cybersecurity Ventures projecting that cybercrime damages will cost the world a whopping $8 trillion in 2023 in an expected upward trend. “We predict that global cybercrime damage costs will grow by 15% per year over the next three years, reaching $10.5 trillion USD annually by 2025, up from $3 trillion USD in 2015,” reads a recent article published by Cybersecurity Ventures. “The 2022 Official Cybercrime Report published by Cybersecurity Ventures and sponsored by eSentire, provides cyber economic facts, figures, predictions and statistics, which convey the magnitude of the cyber threat we are up against, and market data to help understand what can be done about it.”
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About Cerberus Cyber Sentinel Corporation
Cerberus Sentinel is an industry leader as a managed cybersecurity and compliance provider. The company is rapidly expanding by acquiring world-class cybersecurity, secured managed services and compliance companies with top-tier talent that utilize the latest technology to create innovative solutions to protect the most demanding businesses and government organizations against continuing and emerging security threats and compliance obligations. For more information about the company, visit www.CerberusSentinel.com.
NOTE TO INVESTORS: The latest news and updates relating to CISO are available in the company’s newsroom at https://ibn.fm/CISO
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