EU to lose billions through spam and viruses

Tuesday, 23 March 2004, 3:52 PM EST

Spam emails will cost European companies a total of €85bn euros over the next four years, according to research released on Monday by analyst firm The Radicati Group.

In a study of the European email market, the group predicted that the cost to businesses of unsolicited emails and viruses is set to soar over the next few years.

The Radicati Group estimated that 46 percent of emails received in Europe will be spam in 2004, rising to 71 percent in 2008. The impact on the corporate wallet will be considerable.

By Graeme Wearden at ZDNet.

[ Read more ]

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