MyDoom rings up $4 billion in damage

By
Follow google news

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

 

Add iTnews as your trusted source

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

Most Read Articles

Services Australia describes fraud, debt-related machine learning use cases

Services Australia describes fraud, debt-related machine learning use cases

Medibank reveals attack vector and cost of 2022 security breach

Medibank reveals attack vector and cost of 2022 security breach

Qld gov says students, staff caught in Canvas cyber incident

Qld gov says students, staff caught in Canvas cyber incident

Aus universities and TAFEs investigating exposure to Canvas cyber incident

Aus universities and TAFEs investigating exposure to Canvas cyber incident

Log In

  |  Forgot your password?