Markets

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?

Free Trial

Proudly annoying those in power since 2000.

Sign up for a FREE 21-day trial to keep reading and get the best of Crikey straight to your inbox

By starting a free trial, you agree to accept Crikey’s terms and conditions

3 comments

Leave a comment

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! http://www.youtube.com/watch?v=J_UUNO4wWFw

  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.

Share this article with a friend

Just fill out the fields below and we'll send your friend a link to this article along with a message from you.

Your details

Your friend's details

Sending...