Cybercrime loss estimates about as reliable as piracy estimates

21 05 2012

Most instances of wild exaggeration are eventually brought back down to earth (at least for a while). It happened with the wild estimates of economic harm done by piracy. The latest aspect of our shared interaction to be punctured is cybercrime, the extent and pervasiveness of which has been described in terms of near-Apocalyptic overstatement, according to the authors of a new report.

The report, “Sex, Lies and Cyber-crime Surveys” (PDF), by Dinei Florencio and Cormac Herley of Microsoft Research, has now been released.


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