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The time for proactive cyber defense was yesterday. By 2031, cybercrime will cost the global economy over $1 million in damages every 3 seconds, according to Cybersecurity Ventures. But the growth patterns tell a more interesting story.

Evolution Equity Partners believes that cybercrime is evolving from a “wild west” landscape to an optimized, industrialized economy.

Global cybercrime damage costs have been growing chaotically but is expected to stabilize. Evolution breaks down our prediction into three phases over 15 years:

Early Phase (2015-2021): ~16.7 percent annual growth;

Mid Phase (2021-2025): ~18.75 percent annual growth

Late Phase (2025-2031): Stabilizing at 2.5 to 3 percent annual growth.

Cybercrime is reaching industrial efficiency. This isn’t good news. We no longer fight chaos but an industrialized, efficient machine extracting maximum value with minimum effort.

Evolution’s mission is to support discerning entrepreneurs who choose the battle to defend and protect what matters most. Listen to Richard Seewald, founder and Managing Partner at Evolution, for regular insights on the quarterly Cybercrime Magazine Podcast Venture Capital Report.

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Welcome to CryptoInsightful.com, your trusted source for in-depth analysis, news, and insights into the world of cryptocurrencies, blockchain technology, NFTs (Non-Fungible Tokens), and cybersecurity. Our mission is to empower you with the knowledge and understanding you need to navigate the rapidly evolving landscape of digital assets and emerging technologies.