{"slug": "cybercrime-to-become-world-s-3rd-largest-economy-mastercard-ceo", "title": "Cybercrime to become world's 3rd largest economy: Mastercard CEO", "summary": "Mastercard CEO Michael Miebach warned that global cybercrime will reach $15.6 trillion by 2030, making it the world's third-largest economy, and highlighted the generative AI arms race between fraudsters and banks as well as risks of AI agents managing finances.", "body_md": "Mastercard CEO Michael Miebach warns Yahoo Finance Executive Editor** **[Brian Sozzi](https://finance.yahoo.com/author/brian-sozzi/) that global cybercrime will reach $15.6 trillion by 2030, making it the world's third-largest economy. He breaks down the generative AI \"arms race\" between fraudsters and banks, and explains the hidden risks of letting AI agents manage your purchases and money.", "url": "https://wpnews.pro/news/cybercrime-to-become-world-s-3rd-largest-economy-mastercard-ceo", "canonical_source": "https://ca.finance.yahoo.com/video/cybercrime-become-worlds-3rd-largest-120000307.html", "published_at": "2026-08-22 12:00:00+00:00", "updated_at": "2026-08-22 12:13:08.518410+00:00", "lang": "en", "topics": ["generative-ai", "ai-agents", "ai-safety"], "entities": ["Mastercard", "Michael Miebach", "Yahoo Finance", "Brian Sozzi"], "alternates": {"html": "https://wpnews.pro/news/cybercrime-to-become-world-s-3rd-largest-economy-mastercard-ceo", "markdown": "https://wpnews.pro/news/cybercrime-to-become-world-s-3rd-largest-economy-mastercard-ceo.md", "text": "https://wpnews.pro/news/cybercrime-to-become-world-s-3rd-largest-economy-mastercard-ceo.txt", "jsonld": "https://wpnews.pro/news/cybercrime-to-become-world-s-3rd-largest-economy-mastercard-ceo.jsonld"}}