'); //]]>//--> By Jack M. Germain Feb 16, 2021 5:00 AM PT Some cybersecurity experts agree with a report by Cybersecurity Ventures and expect financial damages from cybercrime to reach $6 trillion by the end of this year. Industry studies show that cyberattacks are among the fastest-growing crimes in the United States. Cyberattacks are absolutely on the rise. Based on everything we know and every single analyst we have spoken with, there is no doubt that attacks are increasing, according to Robert McKay, senior vice president, risk solutions at Neustar. "Cybersecurity experts predict that in 2021 there will be a cyberattack incident every 11 seconds. This is nearly twice what it was in 2019 (every 19 seconds), and four times the rate five years ago (every 40 seconds in 2016)," he told TechNewsWorld.