RealNews

Feds take up arms as computer crime becomes multibillion-dollar problem

The rise of computer crime as a major threat to the world economy can be spelled out in a few numbers. The first is $2 billion — the estimated damage done during just eight days in August when the so-called Blaster worm blitzed personal computers and corporate networks worldwide. The second number, more than $200 million, is the financial toll among a group of U.S. companies surveyed recently by the FBI and the Computer Security Institute, a San Francisco security trade association. Internet attacks were one of the largest contributors to that figure, which is considered to be a fraction of the U.S. total. And then there is No. 3. That is the new priority assigned to combating technology crime by the FBI, trailing only the prevention of terrorism and espionage in the bureau’s mission goals. Full Story

OODA Analyst

OODA Analyst

OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.