RealNews

Cost of virus cleanups goes up

Malicious code attacks are costing enterprises four times as much as they did in 2002, according to a recent study by Britain’s Corporate IT Forum. The forum, an organization of IT professionals from some of the U.K.’s largest blue-chip companies, estimates that each incident costs an average of $213,000 in man-hours and related costs. That’s a hefty upturn when compared with the results from a 2002 survey conducted by Britain’s Department of Trade and Industry (DTI) and PricewaterhouseCoopers. That study put the per-incident price tag at $52,000. Three quarters of the administrators surveyed by the Corporate IT Forum reported an average of 365 man-hours lost. Of those, one-third reported an average of 3,080 man-hours lost. Full Story

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