Economics of CyberCrime

Update 03-May-2012:

Microsoft Researchers say cybercrime loss estimates are a bunch of bunk. In "Sex, Lies and Cybercrime Surveys", the Microsoft Researchers wrote, "Cyber-crime, like sexual behavior, defies large-scale direct observation and the estimates we have of it are derived almost exclusively from surveys." The research paper concludes. 

Pretty Interesting

Update 08-Oct-2012:
As per, "The 2012 Cost of Cyber Crime Report", some highlights:

• The frequency of successful cyber attacks has more than doubled over the last three years
• The annual cost to organizations has slowed dramatically in the last two years
• The average time to resolve a successful attack has grown from 14 days in 2010, through 18 days in 2011, to 24 days in 2012
• Most costly cyber crimes are those caused by malicious insiders, denial of services, and malicious code

Update 14-Aug-2013:
Another good post on a similar subject of - CyberCrime as a service.

Update 01-Sep-2013:
A report based on "The econimic impact of cybercrime and cyber espionage", dated July-2013