Friday, July 25, 2014

Cybercrime: still only a tiny percentage of GDP, but it’s growing

http://www.csoonline.com/article/2456080/data-protection/cybercrime-still-only-a-tiny-percentage-of-gdp-but-it-s-growing.html


Even so, the losses for most individual countries, including the U.S., amount to less than 1% of gross domestic product (GDP). For the U.S. it is estimated at 0.64%. The worst of the G20 countries is Germany, at 1.6%. By some reckoning, that could be viewed simply as another minor cost of doing business.

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