This week in cybersecurity from the editors at Cybercrime Magazine
Sausalito, Calif. – Jun. 23, 2025
– Read the full story from Maddyness
Globally, the cost of cybercrime was projected to reach $9.5 trillion in 2024 and $10.5 trillion in 2025, according to Cybersecurity Ventures — an alarming trend that highlights the urgency of Europe developing secure, sovereign space and digital infrastructure.
Faced with persistent armed conflicts on the continent, a rise in cyber threats, and intensifying militarisation of space, Europe can no longer think about its security in silos, according to a Maddyness op-ed by Yvan-Michel Ehkirch, Managing Partner at Karista.
Security must now be global, interconnected — and fully European. Confronted with hybrid threats and accelerating global technological competition, the European Union stands at a strategic turning point. It must act swiftly: nurturing new industrial champions, supporting breakthrough innovation, and shaping a common doctrine fit for 21st-century challenges.
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