The Covert Devaluation Of US Businesses – Hackers Getting Their Hands On Intellectual Property Proving Costly

businessfuturz

The Center for Strategic and International Studies recently released a report estimating the cost of cybercrime and how it has been affecting economies and businesses around the world, evaluating everything from direct theft of funds, to the much harder to gauge ramifications on business due to things like the loss of Intellectual Property, as well as the effect on employment. Drawing on years of experience and some of the conclusions relayed in the report, GDF’s founder talks about how businesses can be devalued without anyone, from those running businesses, to those investing in them, even knowing it’s happening.

The Center for Strategic and International Studies (CSIS) was commissioned by MacAfee to gather data and crunch the numbers on the global economic impact of cybercrime, and on Monday, June 9th, the report, Net Losses: Estimating the Global Cost of Cybercrime, was released. While the number making headlines from the report is…

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