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Steve Morgan continues his unashamed touting of absurd guesstimates (see below).
So, let's chart his multi-trillion annual "global cost of cybercrime" as the individual cost to every man, woman, and child on Earth:
cc: @sawaba @KimZetter @shanvav @JMBooyah @nicoleperlroth
Steve Morgan's guesstimates stretch from 2015 to the end of 2025. This chart shows how, in less than two years, everyone on Earth will be on the hook for $8,441 of his "global cost of cybercrime."
And that's just by 2025! It gets WAY worse as you project a few years forward...
"$10.5 trillion" exceeds $1,000 annually for only 8+ billion people on Earth. It's simple math.
When we project the 20th year of Steve Morgan's absurd guesstimates, we see the "global cost of cybercrime" per capita in 2034 will reach $19,507 for every man, woman, and child:
If we REALLY want to get absurd, we can use Steve Morgan's "$10.5 trillion" as a static value and chart it against the U.N.'s population estimates through the end of this century.
Every human on Earth born in 2015 who lives to see the year 2100 will be on the hook for $87,715:
In all this, I'm the only one who cites sources. Steve Morgan has not revealed where his data comes from--
--and he's known to commit elementary math errors in something as simple as a percentage calculation:
Now, at some point I'll get yelled at for HELPING Steve Morgan.
Yes: "helping."
He's learning from my research efforts against him.
For example, it appears he didn't compare his values as a % of the global GDP before I did -- and he STILL got it WRONG:
So, I fully expect Steve Morgan will start wailing how "the global cost of cybercrime" will exceed $1,000 per year per capita NEXT YEAR.
Because he must, now that I've covered it.
He's adamant that cybercrime costs now rise 15% annually. And we only have 8+ billion people...
Now, full disclosure: I don't calculate Morgan's values as a 15% annual rise. Rather, I calculate it as a linear daily increase based on his specific numeric #guesstimates for 2015, 2021, and 2025.
I log some extra math just to make sure I hit every target year out to 2100:
And there's the rub:
Steve Morgan doesn't cite sources for his alleged data, and he refuses to correct even the most obvious elementary math errors.
Oh, and he'll be spouting all his bullshit at the upcoming RSA shindig:
@threadreaderapp unroll
Okay, now for the fun part:
I inserted an elementary math error in one of my tweets. Can you find it?
Or did you just take me blindly at face value like so many people in our industry take Steve Morgan at face value?
@threadreaderapp please unroll
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