Society Bears A Huge Cybercrime Burden

This week in cybersecurity from the editors at Cybercrime Magazine

Sausalito, Calif. – Nov. 25, 2025

Read the full story from American Enterprise Institute

The annual cost of cybercrime is expected to reach $10.5 trillion in 2025, according to Cybersecurity Ventures, who says that if cybercrime were a country, it would be the fourth-largest economy, closely following the U.S., China, and India.

This isn’t a minor threat; it’s a global economic force driven by theft, fraud, and disruption, writes Shane Tews, an Internet policy analyst, in an article published by the American Enterprise Institute, a public policy think tank dedicated to defending human dignity, expanding human potential, and building a freer and safer world.

While criminals clearly profit from their actions, their actual earnings account for only a small share of the total economic damage they cause.

The $10.5 trillion amount reflects not just direct losses to victims but also the substantial costs of incident response, system recovery, regulatory fines, insurance claims, and long-term reputational harm. Attackers walk away with their payouts, but society bears the much larger burden, often hundreds of times more than what criminals earn.

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