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Information Security News: Re: From Russia with malice

Re: From Russia with malice

From: InfoSec News <isn_at_c4i.org>
Date: Mon, 10 Jan 2005 09:19:16 -0600 (CST)

Forwarded from: Thor <thor_at_hammerofgod.com>

> Kaspersky's figures are backed by estimates from the Ukraine-based
> Computer Crime Research Centre which says the total amount of
> financial losses worldwide resulting from cybercrime exceeded $411bn
> at the end of last year.

411 billion in *losses*?? Does anyone else have issues with this
figure? To give some perspective, that is more than the reported 2003
earnings of Citigroup, Bank of America, JP Morgan Chase, Morgan
Stanley, Wells Fargo, Prudential Financial, Merrill Lynch, American
Express, Bank One Corp, Hartford Financial, and US Bancorp all
*COMBINED* with about 10 billion to spare.

T
 

_________________________________________
Open Source Vulnerability Database (OSVDB) Everything is Vulnerable - http://www.osvdb.org/
Received on Jan 10 2005

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