Computer crime on the rise

Wednesday, 22 May 2002, 4:19 PM EST

It won't come as news to IT pros that cybercrime is soaring. But a new slate of stats reveals just how bad the situation really is. Research firm Computer Economics predicts computer crime will more than double this year while virus incidents are expected to increase by 22 percent.

And being porous carries a price: Gartner says the cost of contending with cybercrime could rise an astonishing 10,000 percent over the next three years. That's why it's urging companies to invest in security tools -especially firewalls.

[ Read more ]

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