Computer Crime Research Center


Viruses cost money

Date: July 15, 2006

Companies and organizations continue to lose money because of virus attacks and other computer network breaches, but the losses have declined due to improved security, according to a report released Thursday.

Virus attacks remain the leading cause of network security financial losses, followed by unauthorized access to networks and lost or stolen laptops, according to a survey by the Computer Security Institute together with the FBI's Computer Intrusion Squad.

The study, which was based on a survey of 616 U.S. companies and organizations, found that these forms of security breaches accounted for more than 74 percent of their financial losses.
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