Norton

Consumer cybercrimes cost India Rs 42,000 crore in 12 months

Consumer cybercrimes cost India Rs 42,000 crore in 12 monthsConsumer cybercrimes cost India a whopping Rs 42,000 crore (nearly $8 billion) over the past twelve months, computer security firm Norton said.

In its 2012 cybercrime report, Norton said that more than 42 million consumers in India fell victim to cybercrimes in the last one year, and suffered nearly US$8 billion in direct financial losses.

Global economy looses £242 billion a year to cyber crime

Global economy looses £242 billion a year to cyber crime A new report by security firm, Norton claims that the global economy looses £242 billion to cyber crimes in a year.

The Norton Cybercrime report says that more than one million internet users fall victim to cyber criminals every day. Adam Palmer, lead advisor at Norton Cybersecurity Institute pointed out that the figure of £242 billion is more than the entire global trade in cocaine, heroin and marijuana, which is worth £180bn.




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