MyDoom rings up $4 billion in damage

By

Damage from the MyDoom virus may exceed $4 billion worldwide, making it one of the most costly internet attacks, according to Computer Economics, a research firm based in Carlsbad, Calif.

In terms of economic impact, MyDoom ranks second, below the Love Letter virus, which caused about $7.75 billion in damages, said Mark McManus, the firm's vice president of technology and research.


Network Associates estimates that 500,000 PCs were infected by MyDoom worldwide.

www.computereconomics.com, www.nai.com

 

Got a news tip for our journalists? Share it with us anonymously here.
Copyright © SC Magazine, US edition
Tags:

Most Read Articles

Microsoft knew of SharePoint security flaw in May, initial patch ineffective

Microsoft knew of SharePoint security flaw in May, initial patch ineffective

Gov to encourage vuln research, puts insurers and NFPs on notice

Gov to encourage vuln research, puts insurers and NFPs on notice

Palo Alto Networks in talks to buy CyberArk

Palo Alto Networks in talks to buy CyberArk

Allianz Life says majority of US customers' data stolen in hack

Allianz Life says majority of US customers' data stolen in hack

Log In

  |  Forgot your password?