Cyber crime costs $100 billion a year
The logos of the U.S. Department of Homeland Security are seen on computer terminals at the Cyber Crimes Center of the U.S. Immigration and Customs Enforcement in Fairfax, Virginia.
This final note today on the latest estimate on the cost of cybercrime to American businesses. A study from McAfee, the antivirus and consulting firm, estimates cyber theft and crime costs the U.S. $100 billion annually.
That's actually lower than estimated in the past -- but still a not-insignificant 1 percent of the overall U.S. economy.
For some context: The cost of car crashes in 2010?
Also around $100 billion a year.