Computer Crime Research Center


FBI and CSI release new Computer Crime report

Date: October 31, 2005

The U.S. Federal Bureau of Investigation (FBI) and the Computer Security Institute (CSI) last week released their tenth annual Computer Crime Report, outlining the nasty things that go on inside corporate data centers and on corporate desktops that no one wants to talk about publicly. The FBI-CSI survey of 700 companies, which you can read in full here, showed that attacks by computer viruses still represent the biggest financial losses for companies, but denial of service attacks have moved into the slot two position when it comes to causing the most economic damage.

While cybercrime--by which the FBI and the CSI mean manual rather than viral unauthorized access to computer systems--was up slightly in 2005, the amount of economic damage it caused was down. Web sites are getting slammed more frequently. In fact, 95 percent of respondents reported ten or more incidents of hacking or attempted hacking on their Web sites.

Across the 700 companies surveyed, 639 suffered economic damage, and the total bill for computer crime at these sites came to over $130 million. $42.8 million was the result of viruses, $31.2 million from unauthorized access, $30.9 million from the theft of proprietary information, $7.3 million from denial of services attacks, $6.9 million from employee Internet abuse, and $4.1 million from laptop theft. Misuse of a public Web application only accounted for $2.2 million in damages, lower than the $2.6 million in damages from financial fraud.
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