Digital Trends - Symantec has released its Norton CyberCrime Report for 2011, and if you thought business was good for smartphone and mobile device makers…well, business appears to be good for cybercriminals too. According to Symantec, some 431 million adults worldwide were victims of cybercrime in the last year, with the total cost of those crimes amounting to some $114 billion. And when Symantec figures in the value of the time victims lost to that crime, the cost goes up another $274 billion to $388 billion. If those figures hold water, it potentially makes the the cost of online crime worldwide larger than the global trade in heroin, marijuana, and cocaine combined.
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Security Symantec: Cybercrime costs $114 billion a year
(Digital Trends)
Security Symantec: Cybercrime costs $114 billion a year
(Digital Trends)
