Norton ’12 Cybercrime Report Magically Makes $278B in Damages Disappear

Source: CIO.com, 6th September 2012

Norton released its annual cybercrime report on Wednesday, and the company put the “direct costs associated with global consumer cybercrime at US $110 billion over the past twelve months.”

Last year’s report put the total “at an annual price of $388 billion globally based on financial losses and time lost.”…