Simple steps to keep your PCs shut to online criminals
According to the Norton Cybercrime Report 2011, the cost of global cybercrime is $114 billion annually. Based on the value victims surveyed placed on time lost due to their cybercrime experiences, an additional $274 billion was lost. In India it is estimated that more than 29.9 million people fell victim to cybercrime last year, suffering $4 billion in direct financial losses and an additional $3.6 billion in time spent resolving the crime. With 431 million adult victims globally in the past year and at an annual price of $388 billion globally based on financial losses and time lost, cybercrime costs the world significantly more than the global black market in marijuana, cocaine and heroin combined ($288 billion).
For a growing business, a single financial attack could put a smaller company out of business or irrevocably cut into annual profits for a medium sized business. The implications
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