IT Security: The Essential Guide to Malware
The basic issues you need to know about malicious software and how it can affect you.

by John Edwards
May 5, 2008

Like hangnails, cracked sidewalks and flat tires, malware is a fact of life. Unfortunately, malware is no longer just a petty annoyance. For a growing number of enterprises, malware has become a major operational and financial burden.

According to a June 2007 survey conducted by technology-research firm Computer Economics Inc., organizations experience an average of five malware events per year. For organizations with over 5,000 desktop computers, the number climbs to 10 events per year. In 2006, the most recent year for which statistics are available, malware damage cost businesses worldwide $13.3 billion.

Malware is an umbrella term that describes any type of software capable of damaging a computer, network or mobile device, or a tool that's designed to be used to surreptitiously view or steal data from targeted systems.

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