"Experts estimate in a new analysis that cyber crime costs the global economy as much as $600 billion annually, underscoring the massive growth in malicious activity online in recent years.
The report, jointly released Wednesday by U.S.-based cybersecurity firm McAfee and the Center for Strategic and International Studies, follows a series of high-profile breaches and cyberattacks over the past year, including the massive Equifax data breach and global “WannaCry” and “NotPetya” attacks.
The report highlights the increasing threat posed by nation-state hackers and tools like ransomware."
http://thehill.com/policy/cybersecurity/374854-cybercrime-costs-global-economy-600-billion-annually-experts-estimate
The report, jointly released Wednesday by U.S.-based cybersecurity firm McAfee and the Center for Strategic and International Studies, follows a series of high-profile breaches and cyberattacks over the past year, including the massive Equifax data breach and global “WannaCry” and “NotPetya” attacks.
The report highlights the increasing threat posed by nation-state hackers and tools like ransomware."
http://thehill.com/policy/cybersecurity/374854-cybercrime-costs-global-economy-600-billion-annually-experts-estimate