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Re: [ISN] From Russia with malice

Subject: Re: [ISN] From Russia with malice
Date: Mon, 10 Jan 2005 09:19:16 -0600 (CST)
Forwarded from: Thor <thor@hammerofgod.com>

Kaspersky's figures are backed by estimates from the Ukraine-based
Computer Crime Research Centre which says the total amount of
financial losses worldwide resulting from cybercrime exceeded $411bn
at the end of last year.

411 billion in *losses*??  Does anyone else have issues with this
figure?  To give some perspective, that is more than the reported 2003
earnings of Citigroup, Bank of America, JP Morgan Chase, Morgan
Stanley, Wells Fargo, Prudential Financial, Merrill Lynch, American
Express, Bank One Corp, Hartford Financial, and US Bancorp all
*COMBINED* with about 10 billion to spare.

T
 


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