Economic Impact of Cyber Espionage and IP Theft Hits U.S. Businesses Hard
Amid a week of economic meetings between top U.S. and Chinese officials, lawmakers hear warnings about escalating costs of theft of U.S. firms' intellectual property.
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Cybercrime costs US businesses $3.8 million per year, study finds
A new study of 45 U.S. organizations found that cybercrime -- including Web attacks, malicious code and rogue insiders -- costs each one of them $3.8 million per year, on average, and results in about one successful attack each week.