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Windows 7: New research forecasts the staggering cost of cybercrime


20 Mar 2014   #1

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New research forecasts the staggering cost of cybercrime

Quote:
A new study released Tuesday reaffirms what we in Microsoft’s Digital Crimes Unit have seen for some time now – cybercrime is a booming business for organized crime groups all over the world. The study, conducted by IDC and the National University of Singapore (NUS), reveals that businesses worldwide will spend nearly $500 billion in 2014 to deal with the problems caused by malware on pirated software. Individual consumers, meanwhile, are expected to spend $25 billion and waste 1.2 billion hours this year because of security threats and costly computer fixes.
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 New research forecasts the staggering cost of cybercrime




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