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[ NNSquad ] Cybersecurity hacking estimates exaggerated for profit


Cybersecurity hacking estimates exaggerated for profit

http://j.mp/167eQG4  (Reuters)

   "A $1 trillion estimate of the global cost of hacking cited by
    President Barack Obama and other top officials is a gross
    exaggeration, according to a new study commissioned by the company
    responsible for the earlier approximation.  A preliminary report being
    released Monday by the Center for Strategic and International Studies
    and underwritten by Intel Corp's (INTC.O) security software arm McAfee
    implicitly acknowledges that McAfee's previous figure could be triple
    the real number."

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Like we've been saying all along. Follow the money!

--Lauren--
Lauren Weinstein (lauren@vortex.com): http://www.vortex.com/lauren 
Co-Founder: People For Internet Responsibility: http://www.pfir.org/pfir-info
Founder:
 - Network Neutrality Squad: http://www.nnsquad.org 
 - PRIVACY Forum: http://www.vortex.com/privacy-info
Member: ACM Committee on Computers and Public Policy
Lauren's Blog: http://lauren.vortex.com
Google+: http://google.com/+LaurenWeinstein 
Twitter: http://twitter.com/laurenweinstein
Tel: +1 (818) 225-2800 / Skype: vortex.com
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