Computer crime costs $67 billion

["Gary Funck" <gary () intrepid com>]

Computer crime costs $67 billion, FBI says

By Joris Evers
http://news.com.com/Computer+crime+costs+67+billion%2C+FBI+says/2100-7349_3-
6028946.html

Dealing with viruses, spyware, PC theft and other computer-related crimes
costs U.S. businesses a staggering $67.2 billion a year, according to the
FBI.
The FBI calculated the price tag by extrapolating results from a survey of
2,066 organizations. The survey, released Thursday, found that 1,324
respondents, or 64 percent, suffered a financial loss from computer security
incidents over a 12-month period.
[...]
Responding to worms, viruses and Trojan horses was most costly, followed by
computer theft, financial fraud and network intrusion, according to the
survey. Respondents spent nearly $12 million to deal with virus-type
incidents, $3.2 million on theft, $2.8 million on financial fraud and $2.7
million on network intrusions.

These figures do not include much of the staff, technology, time and
software employed to prevent security incidents, Verduyn said. Also, losses
to individuals who are victims of computer crime or victims in other
countries are not included, he said.
[...]
Defenses in place
Survey respondents use a variety of security products for protection.
Antivirus software is almost universally used, with 98.2 percent of
respondents stating they use it. Firewalls follow in second place, with 90.7
percent, and anti-spyware and antispam are each used by about three-quarters
of respondents, according to the survey.

The results mean that close to one in 10 organizations does not have a
hardware or software firewall. Or perhaps they don't know they have one--the
Windows Firewall in Windows XP, for example. "Some are very small businesses
that should have that technology, but they don't," Verduyn explained.
[...]


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