Get a Pentest and security assessment of your IT network.

News

Don’t be fooled by study’s dramatically lower cyberthreat estimate, experts say

A recent study greatly reduces an often-cited estimate on the economic impact of cybercrime and cyberespionage should not give companies a reason to spend less on security, experts say. The McAfee-sponsored report, released on Monday, found that Internet-based crime and spying cost the U.S. economy as much as $100 billion a year, not the $1 trillion originally estimated by the Intel-owned security vendor. McAfee acknowledges that the earlier figure, included in President Barack Obama’s 2009 cybersecurity speech, was inflated.”]

Source: https://www.csoonline.com/article/2133788/don-t-be-fooled-by-study-s-dramatically-lower-cyberthreat-estimate–experts-say.html

Related posts
News

Ashley Madison 2.0 Hackers Leak 20GB Data Dump, Including CEO's Emails

News

Art of Twitter account hacking

News

Who and why is attacking companies in the Nordic Countries?

News

Shamoon Malware, cyber espionage tool, cyber weapon or