Economic impact of cybercrime and cyber espionage

In the US for example the government notified 3000 companies in 2013 that they had been hacked. A British company reported that it lost 1.3 billion from a single attack. Brazilian banks say their customers lose millions annually to cyber fraud. The US has also used the cyber world for attacks on sovereign nations with the aim of destroying a particular infrastructure like Stuxnet computer worm used by the US against the Iranian nuclear program. On this edition of the Economic Divide we explore cyber-crime and cyber espionage and its effect on economies,

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