Cybercrime Cost Russia $6.1Bln In Jan-Aug, Damage Up 44% Year-on-Year - Official

Cybercrime Cost Russia $6.1Bln in Jan-Aug, Damage Up 44% Year-on-Year - Official

Damage caused by cybercrime in Russia increased by almost 44 percent to 400 billion rubles ($6.1 billion) in January-August this year, the Russian Prosecutor General's Office's spokeswoman, Tatyana Zakharova, said Monday.

MOSCOW (Pakistan Point News / Sputnik - 01st October, 2018) Damage caused by cybercrime in Russia increased by almost 44 percent to 400 billion rubles ($6.1 billion) in January-August this year, the Russian Prosecutor General's Office's spokeswoman, Tatyana Zakharova, said Monday.

"Between January and August 2018, Russian law enforcement agencies registered 107,980 crimes committed using information and telecommunication technologies or in the field of computer data, with 28,329 such crimes preliminary investigated. The damage amounted to almost 400 billion rubles, which is 43.6 percent more than in the corresponding period last year," Zakharova said while aired by the office's new interactive video service Efir.

According to a study of the US-based Center for Strategic and International Studies (CSIS) released in February, the annual cost of cybercrime for the global economy amounts to $600 billion or 0.8 percent of the world's gross domestic product (GDP).