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Russian Foreign Ministry: Global Damage From Cybercrimes In 2024 Could Reach $ 6 Trillion

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The global damage from cybercrimes will increase significantly this year compared to the past.




The global damage from cybercrimes in 2021 may increase significantly compared to previous years. This is reported in an article by Andrei Krutskikh, Director of the Department of International Information Security of the Russian Foreign Ministry, and Airat Khamidullin, third secretary of this structure, published in the journal International Affairs.

The structure calculated the possible losses of the world economy from cybercrimes. According to the Foreign Ministry, in 2021 the damage from the actions of hackers could reach $ 6 trillion. The COVID-19 epidemic had a significant impact on the growth of such crime, due to which people moved to the online space, according to Krutskikh and Khamidullin.

"At the same time, the specificity of ICT crimes lies in the fact that they are committed remotely, often from the territory of other countries, and no state in the world is capable of fighting them alone," the article says. Krutskikh and Khamidullin stressed that the tense situation in the cyber sphere is associated with the shortcomings of the modern system of international cooperation on relevant issues.

The results of computer attacks can be "very destructive" and even lead to disasters, including in the field of national security. Most of the IT criminals operate for financial gain.

Russia, according to diplomats, is ready for comments on the draft global convention on countering the use of the Internet for criminal purposes.
 
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