Login Register Subscribe
Current Issue

Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Cybercrime costing global economy up to $450 billion each year: Report

Reprints

U.S.-based consulting firm Hamilton Place Strategies L.L.C. has said in a report that cybercrime is costing the global economy up to $450 billion each year, reports We Live Security.

The average cost of cybercrime has increased by roughly 200% in the past five years, the report said.

The report found that the reputational damage from the cyber attacks can significantly affect a business' bottom line.

Read more