Sep 30, 2013

Awkward silence greets the falling cost of cybercrime

While governments hype the cost of cybercrime, the data contradicts them -- and even IT companies are pulling back on their claims.

Bernard Keane — Politics editor

Bernard Keane

Politics editor

Quick quiz: is the cost of cybercrime going up or down?

Up, you say? Up rapidly? Isn’t it one of the fastest growing crimes?

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3 thoughts on “Awkward silence greets the falling cost of cybercrime

  1. Harry Rogers

    Well done again Bernard.

    I live in hope that there are more than the two of us who can see the motivations and hypocrisy behind this issue.

  2. Brendan Jones

    TEDx Noosa 2013: Entrepreneur Chris Drake on Cybercrime. Can’t say he hypes it, but he makes the point there’s a lot less red tape!

  3. Richard Horsley

    Hang on. The median cost PER VICTIM says nothing about the total cost. It could be going up, down, or sideways – you just can’t tell without information about movement (or lack of movement) in the incidence of cyber crime.

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