Cybercrime Expensive Cost To National Economies

embed video
[From article]
Failing to protect yourself online is so irresponsible, it could threaten the economy of entire nations.
That's according to a security report by California-based group, McAfee, which suggests cybercrime is now such big business, it is worth more than the wealth of some countries.
As a business, cybercrime would be ranked 27th in the world based on revenue, and the attacks are currently costing the world more than £238 billion ($400 billion) a year.

http://www.dailymail.co.uk/sciencetech/article-2652759/Hackers-holding-world-ransom-Cyber-attacks-cost-global-economy-328-billion-year-claims-report.html

Hackers are holding the world to ransom: Cyber attacks cost the global economy more than £328 billion a year, claims report
Cyber attacks cost world more than 0.5% of its gross domestic product
It damages global economy almost as much as illegal drugs and piracy
McAfee report found 200,000 jobs had been lost as a result of attacks
There are 20 to 30 cybercrime groups operating on a ‘nation-state' level
The challenge remains in the lack of understanding among the public
The report comes in the wake of Operation Tovar, which disrupted the viruses that led to the National Crime Agency issuing a two-week alert
By ELLIE ZOLFAGHARIFARD
Daily Mail (UK)
PUBLISHED: 05:33 EST, 9 June 2014 | UPDATED: 07:32 EST, 9 June 2014

Who Doubts US Politicians Will Think of This?

What politicians will oppose this?



To help save the economy, the Government will announce next month that the Immigration Department will start deporting seniors (instead of illegals) in order to lower Social Security and Medicare costs. Older people are easier to catch and will not remember how to get back home.

Rick Santelli Opines on Economy

Rick Santelli discusses economy with and gets interrupted by Ezra Klein, elitist journalist, who knows it all.