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[News] The Cost of (In)Security in US: $61 Billion per Annum

Study: Billions of dollars spent on security

,----[ Quote ]
| Large U.S. businesses will spend $61 billion on security by the end
| of this year, representing 7.3 percent of total IT budgets in the
| country, according to a new report from Info-Tech Research Group.
`----

http://news.com.com/2110-7350_3-6135989.html?part=rss&tag=2547-1_3-0-20&subj=news


For context:

US lost $8 billion to computer crime

,----[ Quote ]
| Consumer reports' latest "State of the Net" survey has revealed that
| US punters lost more than $8 billion over the last two years to
| viruses, spyware and con tricks.
` ^^^^^^^^^^^^^^^^

http://www.theinquirer.net/default.aspx?article=33554

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