Worldwide Cyberattacks Caused Up to $1 Trillion Losses in 2016 - FSB

Recent cyberattacks across the world have cost its victims from $300 billion to $1 trillion, Russia's Federal Security Service (FSB) said Thursday.

MOSCOW (Sputnik) — FSB Center deputy chief Nikolai Murashov made the assessment at the "Inforforum" annual IT security event in Moscow.

"According to data for the last few years, on the basis of different assessment methods, the damage from malicious programs amounted from $300 billion to $1 trillion," Murashov said.