Enterprises to spend $500bn on piracy problems | Business Day


A new study has shown that enterprises worldwide are expected to spend nearly $500 billion (N85.5trn) in 2014, to deal with issues caused by malware deliberately loaded onto pirated software. The study conducted by International Data Corporation (IDC) and the National University of Singapore (NUS) shows that $127 billion will be spent dealing with security issues, of which $8 billion of that amount would be from the Middle East and Africa and $364 billion will be used in dealing with data breaches. Read more

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