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Tag Archives: Cybercrime costs to top $1tr this year: researchers

Cybercrime costs to top $1tr this year: researchers


December 8, 2020

WASHINGTON: Cyber­crime is expected to cost the global economy more than $1 trillion this year, up more than 50 percent since 2018, a research report said on Monday. The report by McAfee Corp, in cooperation with the Center for Strategic and International Studies (CSIS), concluded that the cost of online criminal activity was more than one percent of global economic …

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