Sunday, July 17, 2005

Worldwide digital attack damages $500B

#115. This is actually a February report, but not a lot of people know about it (including myself as of today). But I think its important. Its the first time I've been to this site too.

According to research firm mi2g Intelligence Unit, the worldwide economic damage inflicted by overt and covert digital attacks, malware, phishing scams, DDoS attacks, and spam ranged between $470 and $578 billion in 2004.

According to my estimates that 10 times the value of the actual IT security market itself!
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