Norton Cybercrime Report 2011
For the first time a Norton study calculates the cost of global cybercrime: $114 billion annually.Based on the value victims surveyed placed on time lost due to their cybercrime experiences, an additional $274 billion was lost. With 431 million adult victims globally in the past year and at an annual price of $388 billion globally based on financial losses and time lost, cybercrime costs the world significantly more than the global black market in marijuana, cocaine and heroin combined ($288 billion).
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For the first time a Norton study calculates the cost of global cybercrime: $114 billion annually.Based on the value victims surveyed placed on time lost due to their cybercrime experiences, an additional $274 billion was lost. With 431 million adult victims globally in the past year and at an annual price of $388 billion globally based on financial losses and time lost, cybercrime costs the world significantly more than the global black market in marijuana, cocaine and heroin combined ($288 billion).
Read more on Norton
