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It's 'never been easier' to become an online scammer as cybercrime markets flourish, security experts warn

1. Cybercrime is rapidly evolving with lower barriers for entry. 2. Cybercrime-as-a-Service (CaaS) enables organized crime networks globally. 3. Criminals use AI tools, making scams more sophisticated and hard to detect. 4. Dark web markets enable easy access to illegal services and tools. 5. The growing cybercrime economy poses significant threats to various industries.

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FAQ

Why Bearish?

Increased cybercrime can damage corporate security, affecting market confidence, similar to past ransomware incidents.

How important is it?

As cyber threats rise, companies in S&P 500 may face increased costs, impacting earnings.

Why Long Term?

Cybersecurity threats will likely escalate over time, prompting chronic economic impacts on affected sectors.

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