Cybercrime means a high cost to the global economy

5:12 PM
Cybercrime means a high cost to the global economy -

McAfee security solutions publisher has published a report by the Center for Strategic and International studies (CSIS). After some research conducted by a group of economists, property experts and researchers in intellectual security, CSIS found that, internationally, cybercrime acts could generate a huge loss of about $ 500 billion per year.

On a global cyber activities represent a percentage of GDP (gross domestic product) equivalent to 0.4% to 1.4%. In the US, it can reach 24 billion $ 0 billion and representing 0.2 to 0.8% of US GDP.

"In the 10 most powerful economies, intangible assets represent between 50% and 70% of GDP, taking this into account, the range would be between $ 80 billion and 400 billion," the report said .

and these losses have a direct impact on employment. In the US, if it is based on a high estimate of US $ 100 billion lost, the number of jobs sacrificed reached 500,000. The methodology used to assess these figures are based on those used to measure the economic impact of the crime, car accidents or drug trafficking. Researchers have indeed identified six main sources of losses:

- Loss of intellectual property

- Cybercrime

- Loss of sensitive data

- The opportunity costs, including downtime and reduced confidence in the online activities

- additional cost of network security, insurance and damage a cyber attack

- damage to the reputation of the company hacked

Moreover, the pirates do not just drain the global economy, they also know how to enter an impressive number of more or less sensitive data . In February 2013, a study conducted by the team Cymru revealed that hackers can steal at least one terabyte of data daily from governments, universities, and military bases and businesses. According to the United Nations Office against Drugs and Crime, identity theft is the most profitable form of cyber crime and could create $ 1 billion in revenue for cyber crime experts around the world on a basis annual.

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