Global cybercrimes cost $114b annually

A study by Symantec Corp, the maker of Norton computer security software, estimates the cost of global cybercrimes at $114 billion annually.The Norton Cybercrime Report 2011 said 431 million adults were victims globally in the past year, with costs of cybercrime surpassing the combined global black market in marijuana, cocaine and heroin. see:Cybercrime costs $109bn, Norton Cybercrime Report 2011 says [AFP]
Cybercrime claimed 431 million adult victims last year and cost $US114 billion ($109bn), according to a report published today.The Norton Cybercrime Report 2011 said more than 74 million people in the US were cybercrime victims last year, suffering $32bn in direct financial losses.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.