"Cybercrime Causes over $600 Billion in Damage Annually"

According to a report released by the Center for Strategic and International Studies (CSIS) and McAfee, the total annual cost of damages resulting from cybercrime and espionage is more than $600 billion. The total annual cost of cybercrime is rising as the adoption of new technology and the complexity of hacking tools continues to grow. This article continues to discuss the findings of the report in relation to the driving forces behind the rising cost of damages caused by cybercrime, targets of cybercrime, and possible solutions. 

CyberScoop reports "Cybercrime Causes over $600 Billion in Damage Annually"