Our Thinking | Intercity Technology

Cybercrime is the world's most expensive crisis.

Written by Intercity | Aug 18, 2025 4:46:58 PM

The cost of cybercrime on the global economy is expected to hit $10.5 trillion this year. That's four times more expensive than all of the world's natural disasters.

For many of us at the moment, everything seems urgent. 

And the problem is that “getting ahead” when we're busy can feel like a luxury. It’s not that businesses don’t care about cyber risk. It’s that budgets, bandwidth, and attention spans are limited.

It’s no wonder that, for most businesses, cyber risk sits on a growing list of “we’ll get to it” priorities. The problem however is Cybercriminals aren’t waiting for you to get there.

 

 

Cybercrime is four times more expensive than all natural disasters combined.

Ransomware gangs are multiplying. Phishing success rates are climbing. And AI has given attackers a serious upgrade in speed and sophistication. The victims are ordinary people, ordinary businesses, like Paul's...

 

Being reactive is costly too...

When a breach hits, it’s not just an IT problem.

It’s downtime, legal costs, customer loss, reputational damage, and regulatory fines, all landing at once. The responsibility shouldn't just be the IT department, it requires a vigilant workforce and security on the strategic agenda. Regulatory changes in the UK will be making business leaders directly accountable for security failings.

 

It's not impossible to get ahead.

But the work needs to start now. It can seem daunting, but there are quick wins that can get you a head start. You don’t need a 12-month transformation to make a serious difference from the get go.

Start with the high-impact wins that close the biggest gaps, fast:

  • Know your vulnerabilities. A security assessment can highlight where you’re exposed. Often times the biggest gaps in your defences are caused by misconfigurations, bolt-on systems and legacy tech
  • Make identity your control point. Zero trust is your new frontline. Educate your people and adjust your process to always verify first.
  • Get expertise without the overhead. There's a shortage of cybersecurity professionals, but there are still ways to gain access to their expertise without the C-level salary.

 

We're helping businesses join the top 10%.

If you're reading this, you are holding the winning lottery ticket. Not one that makes you millions, one that saves them.

We've been consulting our closest customers on how to up their security in two straight-forward steps: Our rapid-fire Microsoft 365 Security Assessment and newly released Virtual CISO (Chief Information Security Officer).

It doesn't involve adding new tech to your stack, it doesn't involve excessive fees or massive contracts.

 

We're talking about two sure-fire moves to cover you tactically and strategically. Click here to find out, or get in touch with us below 👇