Down The Security Rabbithole

The Cost of Cybercrime - Let’s Take a Different Perspective Cybercrime is reported as a $450B drag on the economy; the absolute number sounds big The question to ask: “How big is the global economy?” Turns out that this is only 0.57% of the global economy, in 2014 (nominal) By way of contrast - how many minutes are in a day? What is 0.57% of your day? What it means - we’re doing a good job. Fraud is low. Cybercrime might be on the rise, but for now, it’s at low relative percentages Does it mean we don’t matter? No. Don’t be silly. Our efforts are why the numbers are low Keep up the good work http://www.en.netralnews.com/news/business/read/1249/cybercrime.costs.the.global.economy..450.billion https://en.wikipedia.org/wiki/Gross_world_product Home Depot to Pay Banks $25 Million in Data Breach Settlement New settlement with banks http://fortune.com/2017/03/09/home-depot-data-breach-banks/http://www.cnbc.com/2017/02/21/home-depot-earnings-q4-2016.html → has autoplay with the same video Survey: Experience