"What's the trend for Russian and global economic damage from cyberattacks? Unfortunately, we forecast continuing growth. We see that it can reach from $8 trillion to $10 trillion by 2022 if the situation does not change. We used to forecast that in Russia the damage would amount to 1.3 trillion rubles [$19.6 billion in 2018]", Kuznetsov said at a panel session of the Russia House, held as part of the World Economic Forum, which is currently underway in the Swiss resort city of Davos.
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Meanwhile, in the first eight months of 2018, the damage that the Russian banks suffered from cyber attacks reduced fourteenfold year-on-year to 76.5 million rubles.
In November, the Central Bank of Russia said that while the number of hacker attacks was increasing, related economy and financial damages tended to decrease.
