According to a report computer users will be spending $22 billion to identify, repair and recover from damages caused due to malware. Global commercial enterprises will be spending $114 billion to recover from damages caused by malware. The study was commissioned by Microsoft to assess the cost of recovery from malware attacks.
According to the study which was commissioned by Microsoft Corporation and done by IDC to assess the recovery costs caused by Malware attacks to individuals and corporate entities. There are certain consumers who seek to use pirated software to save money notwithstanding the fact that such software increase many times the risk of a malware attack.
According to the study commissioned by Microsoft Corp and conducted by IDC, although some computer users may actively seek pirated software in hopes of saving money, the chances of infection by unexpected malware are one in three for consumers and three in 10 for businesses.
David Finn, associate general counsel in the Microsoft Cybercrime Center said,”The cybercrime reality is that counterfeiters are tampering with the software code and lacing it with malware. Some of this malware records a person’s every keystroke — allowing cybercriminals to steal a victim’s personal and financial information — or remotely switches on an infected computer’s microphone and video camera, giving cybercriminals eyes and ears in boardrooms and living rooms. The best way to secure yourself and your property from these malware threats when you buy a computer is to demand genuine software,”
Microsft is running a global initiative, ‘Play it safe’ to increase awareness i issues which are related to such software piracy. The study which has been named The Dangerous World of Counterfeit and Pirated Software has been released as a part of the global campaign against pirated software. Microsoft said that people intend to save by running pirated software but instead run up with losses many times the money saved by way of repairs caused by such malwares and also lost productivity.