Analyst Index · Cybersecurity

Steve Morgan

Founder and Editor-in-Chief, Cybersecurity Ventures

59%
Accuracy: 8 of 14
Analyst ranking: 5
Predictions scored: 8
Still to fall due

2 right1 half right1 mostly wrong1 wrong

All 13 Right Wrong Pending

Cybersecurity ▾

All categories Cybersecurity Leadership & GTM

Scored predictions2

Half right · 50%cost the world $30 billion in 2025 aloneCybersecurity · made Apr 2022 · due Dec 2025

What happened. The article never defines cryptocrime. On a losses basis, Chainalysis counts over $3.4bn stolen in 2025 plus about $17bn lost to scams and fraud, roughly $20bn. On an illicit-volume basis, Chainalysis puts 2025 at a record $154bn+ (TRM Labs: $158bn), driven by sanctions evasion. On either measure the figure rose from the $17.5bn 2021 baseline, but the $30bn forecast is more than 25% away (about $20bn of losses, or $154bn of illicit volume). Sources: chainalysis.com, chainalysis.com, chainalysis.com, trmlabs.com.

Source: Cryptocrime To Cost The World $30 Billion Annually By 2025 (Cybercrime Magazine)

Specific · long-range · counts 1.5Forecast $30bn · actual $20.4bnLow confidence

Right · 100%Cybersecurity Ventures predicts the cyberinsurance market will grow from approximately $8.5 billion in 2021 to $14.8 billion in 2025Cybersecurity · made Nov 2021 · due Dec 2025

What happened. Munich Re estimates the global cyber insurance market totalled nearly US$15bn in 2025, with premium growth slowing over the previous three years. The forecast of $14.8bn for 2025 is within about 1% of Munich Re's independent estimate of nearly $15bn. Sources: munichre.com, businessinsurance.com.

Source: Cyberinsurance Market To Reach $34 Billion By 2031 (Cybercrime Magazine)

Specific · long-range · counts 1.5Forecast $14.8bn · actual $15bnHigh confidence

Still to fall due7 predictions

Dec 2026Cybersecurity Ventures predicts that global spending on cybersecurity products and services will hit $522 billion annually (USD) in 2026, up from $260 billion in 2021.Cybersecurity · made Dec 2025 · source
Dec 2031will propel global spending on cybersecurity products and services to $1 trillion (USD) annually by 2031Cybersecurity · made Nov 2025 · source
Dec 2031Cybersecurity Ventures predicts that Y2Q will arrive on or around Jan. 1, 2031.Cybersecurity · made Mar 2025 · source
Dec 2027Cybersecurity Ventures predicts the global security awareness training market will exceed $10 billion annually by 2027Cybersecurity · made Apr 2023 · source
Dec 2031by 2031 that will climb to 50 percentCybersecurity · made Aug 2022 · source
Dec 2025by 2025, 35 percent of Fortune 500 companies will have board members with cybersecurity experienceCybersecurity · made Aug 2022 · source
Dec 2031and exceed $34 billion by 2031, based on a CAGR (compound annual growth rate) of 15 percent over an 11-year period (2020 to 2031)Cybersecurity · made Nov 2021 · source

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