Evidence suggests that the U.S. loses hundreds of billions to cybercrime, possibly as much as 1% to 4% of GDP annually


Cybercrime puts America’s competitive edge and economic future at risk; however, there is some debate as to the extent that this activity is impacting economic activity. Many have questioned the validity of estimates of cybercrime losses, concluding that “they are so compromised and biased that no faith whatever can be placed in their findings” (Florencio and Herley 2016). NIST AMS 100-32 addresses a number of issues and challenges by using a large dataset and taking a number of approaches to increase accuracy and reliability.





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