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Cyber crime costs U.S economy $100 billion and 500,000 jobs

2013-07-24 16:17:51| InfoWorld: Top News

Attacks on businesses and consumers are a blight on the economy, with criminals foreign and domestic using the Internet to steal identities, intellectual property, trade secrets and just about anything else they can get their hands on. A new economic model developed at a prominent D.C. think tank puts the cost to the U.S. economy as high as $100 billion annually, with a corresponding loss of as many as half a million jobs.

Tags: jobs costs crime economy

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