Comments: How much damage does one hacker do? FBI provides some estimates.

Hi,

I would compare it to the economics of vandalism. Its likely less costly to cleanup vandalism and prosecute vandals that were cought, than to make everything vandalism-safe. I read an economics paper about it, but I dont recall its name.

Posted by Best regards, Philipp at May 26, 2014 07:31 AM

Yes, if we assume that the things stolen were not then distributed (sold) into the crime network.

Back in the old days, Universities were hotbeds of this sort of activity. So there was more scope for young hackers to find their place. Not these days. Is that a good thing or a bad thing?

Posted by Iang (How the Classical Scholars dropped security from the canon of Computer Science) at May 26, 2014 07:36 AM

Federal prosecutors are notorious for grossly exaggerating damages for sentencing purposes. It would be more accurate if one could learn the actual monetary loss, in terms of stolen cash.

Posted by Ken at June 9, 2014 08:37 AM
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