Cost of malware soars to $166bn in 2004

Wednesday, 2 February 2005, 12:01 AM EST

Malware, including viruses, worms and Trojans, cost global businesses between $169bn and $204bn last year, making it the worst year on record by a wide margin, newly published research has claimed.

According to digital risk management firm mi2g, malware in 2003 did not account for even half of the economic damage sustained in 2004.

By Robert Jaques at vnunet.

[ Read more ]




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