The Economic Impact of Cybercrime and Cyber Espionage

Is cybercrime, cyber espionage, and other malicious cyber activities what some call “the greatest transfer of wealth in human history,” or is it what others say is a “rounding error in a fourteen trillion dollar economy?”  In their interim report, CSIS Technology and Public Policy Program Director James Lewis and coauthor Stewart Baker put the costs in the context of the global economy, and lay out their next steps for accurately estimating the full costs of these types of cyber activities.

Read the full report here.

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James Andrew Lewis
Senior Vice President; Pritzker Chair; and Director, Strategic Technologies Program

Stewart Baker