The Staggering Cost of Cybercrime Shown in New Joint Report

Consumers will spend $25 billion and waste 1.2 billion hours in 2014 dealing with security issues created by malware on pirated software.

Rating their biggest fears of a security event, 60% of consumers put loss of data or personal information as the top fear; 51% placed unauthorized access or online fraud in the top three fears.

Enterprises will spend $127 billion in dealing with security issues and $364 billion dealing with data breaches because of malware on pirated software.

It is estimated that governments could lose more than $50 billion to deal with the costs associated with malware on pirated software.

A forensics analysis of 203 new PCs loaded with pirated software found that 61% of the PCs were pre-infected with unsafe malware, including Trojans, worms, viruses, hacktools, rootkits and adware. These PCs, purchased through resellers and PC shops in 11 markets, included more than 100 discrete threats.