Cyber-crime hit over 1 mn worldwide (3)

Increased five-fold since 2011 - Italian report

(ANSA) - Rome, February 28 - Cyber-crime hit over one million people around the world last year, according to a report out Wednesday from the Italian web security association CLUSIT.
    The report said the phenomenon caused damage estimated at $500 billion.
    The cost of 'IT insecurity' made a "quantum leap! in the last six years, increasing five-fold, the report said.
    There has been a 240% rise in cyber crimes since 2011, the year of the first CLUSIt report.
    Cyber-crime was up 7% last year compared to 2016, the report said.