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.
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