Global cybercrime costs $600 billion annually: Report













The annual cost of cybercrime has reached $600 billion (about ₹39 lakh crore) worldwide, according to a report by security firm McAfee. The report found that intellectual property theft represented about one-fourth of the cost of cybercrime in 2017. Russia, North Korea, and Iran were main sources of hackers, while China was most active in cyber espionage, the report added.



short by Shifa Naseer /
05:30 pm on 22 Feb




Source
https://www.inshorts.com/en/news/global-cybercrime-costs-$600-billion-annually-report-1519300840962