Monthly Archives: July 2015

According to a recent study performed by the Center of Strategic and International Studies, the annual cost of cybercrime is more than $400 billion. This is equal to almost 1 percent of global income and higher than the national income of most countries. The report states that "The most important loss from cybercrime is in the theft of IP (intellectual property) and business confidential information, as this has the most significant economic implications". In fact, some estimates place the cost ...
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