The high costs of hacking

Friday, 17 June 2005, 7:39 AM EST

One fixture of computer break-in stories is the estimated cost of these crimes. The price often runs as high as seven figures—totals hard to ken for merely pilfering the digits out of a few boxes of metal, plastic and silicon.

One source of these high figures is the Department of Justice. Last year, the agency reported that a one-night hacking spree by a disgruntled ex-employee set back Cyber City, a computer network consultancy, more than $100,000—and that Acxiom, a data broker, spent more than $7 million to repair 139 remote attacks against its database.

By Michael Jackman at CIO.

[ Read more ]




Spotlight

Email scammers stole $215M from businesses in 14 months

Posted on 29 January 2015.  |  In 14 months there have been nearly 1200 US and a little over 900 non-US victims of BEC scams, and the total money loss reached nearly $215 million.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  
DON'T
MISS

Fri, Jan 30th
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //