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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

 

Cyber Crime Costs U.S. Up to $140B Annually (Not $1 Trillion)

2013-07-24 00:33:42| PC Magazine Security Product Guide

Cybercrime costs the U.S. economy an estimated $70 billion to $140 billion annually, and skewers more than 500,000 jobs.

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Cyber Crime Costs U.S. Up to $140B Annually (Not $1 Trillion)

2013-07-23 22:34:19| PC Magazine Software Product Guide

Cybercrime costs the U.S. economy an estimated $70 billion to $140 billion annually, and skewers more than 500,000 jobs.

Tags: costs crime annually cyber

 

Invensys Offers Cyber Security Assessment Service

2013-07-23 06:00:00| Chemical Processing

Invensys has a new cyber security assessment service to help its customers understand the risks that might impact the safety and reliability of their operations. The assessment is a key part of any security best-practice program, helping to ensure critical infrastructure protection and compliance with corporate, industry and/or government mandates.

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MIT Says Release of Swartz Docs Could Prompt Cyber Attacks

2013-07-19 22:34:03| PC Magazine Software Product Guide

The Massachusetts Institute of Technology (MIT) has moved to stop the full release of documents related to activist Aaron Swartz for fear that they will result in cyber attacks on its systems

Tags: mit release docs attacks

 

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