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

Phishing attack nets enormous npm supply chain compromise

Phishing attack nets enormous npm supply chain compromise

"VoidProxy" PhishKit targets Google and Microsoft users

"VoidProxy" PhishKit targets Google and Microsoft users

Apple adds "mercenary spyware" protection to new A19 chip

Apple adds "mercenary spyware" protection to new A19 chip

VicRoads to phase out passwords in favour of passkeys

VicRoads to phase out passwords in favour of passkeys

Log In

  |  Forgot your password?