Trainees work in front of their computers at the 'Cyber Gym' center, where IT and infrastructure company employees train to defend against cyber attacks. (credit: MENAHEM KAHANA/AFP/Getty Images)

Study: Cyberattacks Cost Global Economy $445 Billion

According to a new study, cyberattacks cost the global economy about $445 billion.


A McAfee network security report shows that a massive cyberattack against US banks had been linked to Russian cybercriminals. (Photo credit: ATTILA KISBENEDEK/AFP/GettyImages)

“Project Blitzkrieg” Cyber-Attack Threatens Largest US Banks

The threat of a massive cyber-attack on 30 of the largest U.S. banks has been confirmed by a recent report issued by the McAfee network security firm.