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Cybersecurity News > Cybercrime costs global economy $445 billion a year: a recent McAfee Report
Cybercrime costs global economy $445 billion a year: a recent McAfee Report
June 09, 2014

Cybercrime costs the global economy about $445 billion every year, with the damage to business from the theft of intellectual property exceeding the $160 billion loss to individuals from hacking, according to research published on Monday. A conservative estimate would be $375 billion in losses, while the maximum could be as much as $575 billion, said the study, sponsored by security software company McAfee.

A copy of the McAfee report summary can be downloaded here:
http://www.mcafee.com/es/resources/reports/rp-economic-impact-cybercrime2-summary.pdf

Read the complete article here:
http://www.reuters.com/article/2014/06/09/us-cybersecurity-mcafee-csis-idUSKBN0EK0SV20140609



 
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