Global cybercrime costs $600 billion annually: Report
The annual cost of cybercrime has reached $600 billion (about â¹39 lakh crore) worldwide, according to a report by security firm McAfee. The report found that intellectual property theft represented about one-fourth of the cost of cybercrime in 2017. Russia, North Korea, and Iran were main sources of hackers, while China was most active in cyber espionage, the report added.