A study by McAfee put out after surveying almost a thousand chief information officers across the U.K, Germany, China, Japan, U.S, Dubai, Brazil and India stated that cyber crimes cost companies as much as $1 trillion. The report to be released today highlights on protection of vital information. The other notable mention is that more is spend t protect properties in developing countries as compared by those in the West. The survey proved particularly interesting as both China and the U.S questioned security issues, blaming each other that both offered threats to privacy.
