|23 Jul 2013||#1|
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Cyberattacks account for up to $1 trillion in global losses
While still costly, cyberattacks might not be depleting government cash at the rate previously thought.
A new joint report released Monday by security firm McAfee and the Center for Strategic and International Studies has lowered the estimate from $1 trillion in global annual losses to a range of $300 billion to $1 trillion.
The report's authors say that estimating the annual costs of cyberattacks is extremely difficult because some companies hide their losses, while others don't even know the value of what has been stolen from them.
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