November 15, 2026

The Australian News

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Cybercriminal economy set to hit $27 billion as businesses brace for sophisticated attacks


Chief Security Officer of Fortinet Glenn Maiden says there are going to be “profound changes” over the next few years as cybersecurity becomes a top priority for companies.

“By next year, 2027, there’s going to be a $27 billion cybercriminal economy,” Mr Maiden told News24 host Ross Greenwood.

“The resources are there; it’s extremely lucrative.

“They’re getting away with it more than we’d like … unfortunately the incentive for some very, very sophisticated large-scale attacks remains.”

In partnership with Fortinet


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