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Economic Impact of Cybercrime— up to $600 billion (McAfee report)

Source: https://www.mcafee.com/us/resources/reports/restricted/economic-impact-cybercrime.pdf In 2014, taking into account the full range of costs, CSIS estimated that cybercrime cost the world between $345 billion and $445 billion. As a percentage of global GDP, cybercrime cost the global economy 0.62% of GDP in 2014. Using the same methods, CSIS now believe the range is now between $445 billion and $600 billion. Our […]