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CSIS, McAfee Study Tackles Problem Of Estimating Costs Of Cyber Threat

Estimates of annual losses related to cyber crime and espionage vary widely due to a number of reasons, according to in interim report by a Washington, D.C.-based think tank and the network security firm McAfee, which attempts to establish an economic model for identifying cyber-related losses. “As cybercrime increases and evolves over time, it’s hard to know precisely the impact it has on people’s wallets and the nation’s coffers,” said Tom Gann, vice president of Government Relations at McAfee in…

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