×

Welcome to the Slashdot Beta site -- learn more here. Use the link in the footer or click here to return to the Classic version of Slashdot.

Thank you!

Before you choose to head back to the Classic look of the site, we'd appreciate it if you share your thoughts on the Beta; your feedback is what drives our ongoing development.

Beta is different and we value you taking the time to try it out. Please take a look at the changes we've made in Beta and  learn more about it. Thanks for reading, and for making the site better!

Norton '12 Cybercrime Report Magically Makes $278B in Losses Disappear

Curseyoukhan (2601315) writes | about a year and a half ago

Businesses 0

Curseyoukhan writes "Norton released its annual cybercrime report on Wednesday, and the company put the “direct costs associated with global consumer cybercrime at US $110 billion over the past twelve months.” Last year’s report put the total “at an annual price of $388 billion globally based on financial losses and time lost." That's more than the estimated value of the global black market in marijuana, cocaine and heroin combined ($288 billion), the report said.
But Norton makes no mention of the vast difference in 2011 and 2012 numbers. That's because last year’s number was entirely fictitious."

Link to Original Source

0 comment

Check for New Comments
Slashdot Account

Need an Account?

Forgot your password?

Don't worry, we never post anything without your permission.

Submission Text Formatting Tips

We support a small subset of HTML, namely these tags:

  • b
  • i
  • p
  • br
  • a
  • ol
  • ul
  • li
  • dl
  • dt
  • dd
  • em
  • strong
  • tt
  • blockquote
  • div
  • quote
  • ecode

"ecode" can be used for code snippets, for example:

<ecode>    while(1) { do_something(); } </ecode>
Sign up for Slashdot Newsletters
Create a Slashdot Account

Loading...