A new report from the Center for Strategic and International Studies (CSIS) and sponsored by McAfee, says that cybercrime costs businesses approximately $400 billion worldwide,with an impact on approximately 200,000 jobs in the U.S. and 150,000 jobs in the EU.
Acccording to the 2014 U.S. State of Cybercrime Survey, most U.S. organizations' cybersecurity capabilities do not rival the persistence and technological skills of their cyber adversaries.
Police in 16 countries seized cash, firearms and drugs and arrested 80 people suspected of peddling virus software believed to have infected hundreds of thousands of computers.
Credit and debit card fraud tops Americans' security concerns in 2014, against a recent backdrop of major retail and banking security breaches, according to the 2014 Unisys Security Index.