“The cost of cybercrime includes the effect of hundreds of millions of people having their personal information stolen—incidents in the last year include more than 40 million people in the US, 54 million in Turkey, 20 million in Korea, 16 million in Germany, and more than 20 million in China. One estimate puts the total at more than 800 million individual records in 2013″ states the report.
“GDP can affect employment. In the United States alone, studies of how employment varies with export growth suggest that the losses from cybercrime could cost as many as 200,000 American
jobs, roughly a third of 1% decrease in employment for the US.”
“The cost of cybercrime will continue to increase as more business functions move online and as more companies and consumers around the world connect to the Internet. Losses from the theft of intellectual property will also increase as acquiring countries improve their ability to make use of it to manufacture competing goods”