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FBI Says Computer Crime Costs Billions Every Year
JamesAlfaro wrote to mention a C|Net article putting a pricetag on computer crime. From the article: "The FBI calculated the price tag by extrapolating results from a survey of 2,066 organizations. The survey, released Thursday, found that 1,324 respondents, or 64 percent, suffered a financial loss from computer security incidents over a 12-month period. The average cost per company was more than $24,000, with the total cost reaching $32 million for those surveyed. Often survey results can be skewed, because poll respondents are more likely to answer when they have experienced a problem. So, when extrapolating the survey results to estimate the national cost, the FBI reduced the estimated number of affected organizations from 64 percent to a more conservative 20 percent. "
Is that including rootkits and other crimes from industry or just the ordinary non-corporate (i.e. punishable) crimes?
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
Under their model, as I understood it - if you had to buy anti-virus software, that was a business loss due to cybercrime!
In that case you'd better include the costs of Windows and Office in there, too. : p
This guy's the limit!
was thiiiiiiiiiiiiiiiiiisssssss big.
and when they hacked our system, it cost us a trillion, billion dollars.
In a related note, the costs associated with train robberies is way down. And cattle rustling related costs have virtually dissapeared.
As the world changes, so does the crime.
Don't worry. The data is good. The respondants were all members of the RIAA.