But just how much damage can cybercrime cause? About
US $67 billion to U.S. companies last year, according to
an estimate based on the Federal Bureau of
Investigation's 2005 Computer Crime Survey, released in
January. The FBI questioned 2000 public and private
organizations in four states and extrapolated some of
the results to the rest of the country. It found that
viruses and spyware were the most common problems
reported [see table], while the effects of viruses and
worms were the most costly. The attacks came from 36
different countries, with half of all the attacks
originating in the United States or China.
A small fraction of the organizations reported the
incidents to law enforcement officials. Most of the
others were either unaware that the attacks were illegal
or believed that law enforcement would not help
them—and might even harm them.
"There's this incorrect myth that once you call law
enforcement, you're going to have your hard drive and
files taken away and you'll lose your business because
all your equipment is gone," says Tim Rosenberg, a
research professor at George Washington University, in
Washington, D.C., and CEO of Lancaster, Pa.based White
Wolf Security. Many companies also wrongly believe that
reporting the crimes invites negative publicity.
What can organizations do about the pervasive
cybersecurity threats? According to Rosenberg, companies
need to stop measuring security investments just in
monetary terms. He says that companies should start
thinking of information security as a kind of marathon.
"It's a lifestyle," he says. "It should affect every
decision you make every day. You can't eat healthy and
then not work out...you must change your lifestyle."
US $67 billion
Estimated financial losses from
security attacks in the United States, extrapolated from
survey data
$32 million
Financial losses from security attacks
reported by respondents to the FBI
$12 million
Respondents' losses from viruses and worms
90%
Portion of organizations sampled by the FBI that
suffered a cybersecurity attack
84%
Portion of respondents that had virus problems
9%
Portion of those organizations that reported the
problem to authorities
79%
Portion of respondents that had spyware attacks
Whether it is an experiment by an amateur virus writer
somewhere in India, done just for the individual's
personal entertainment, or the carefully planned and
executed for-profit scheme of an Israeli spyware
company, a computer security attack is annoying and
damaging.