GAO Report On Cybercrime

GAO recently published a new report entitled "Public and Private Entities Face Challenges in Addressing Cyber Threats." From the Executive Summary: "Cybercrime has significant economic impacts and threatens U.S. national security interests. Various studies and experts estimate the direct economic impact from cybercrime to be in the billions of dollars annually. The annual loss due to computer crime was estimated to be $67.2 billion for U.S. organizations, according to a 2005 Federal Bureau of Investigation (FBI) survey."