Thursday, April 26, 2012

Bad stats sink cyber crime costs claims

If you follow computer security and have a good memory, you might remember a story from early 2009 that claimed cyber crime costs businesses as much as $1 trillion in just one year -- that's "trillion" with a "t." The version I saw was by Cnet writer Elinor Mills, whom I've always considered quite reliable. Somehow, her reporter's BS detector didn't go off, and she regurgitated that wild assertion by McAfee, a company that makes a living selling security products and services.

Source: http://www.infoworld.com/d/the-industry-standard/bad-stats-sink-cyber-crime-costs-claims-191138?source=rss_the_industry_standard

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