Posted on the United Nations Public Administration Network on October 15, 2014, a study produced by Intel’s McAfee Security and the Center for Strategic and International Studies (CSIS) claimed that cybercrimes are the culprit for $400 billion in U.S. funds that are lost by companies each year. The data for the research was extracted from organizations all over the world with Germany, the Netherlands, China, Australia and Malaysia being cited as specific locations in conjunction with industry extras. This is the second such study on the same topic from McAfee Security. The researchers determined the lowest price tag for cybercrimes stands at $375 billion with the limit reaching $575 billion. As the study points out even the figure of $375 billion is more than most countries’ entire income for a year.
The article then goes on to reveal more data and how it was evaluated, as many cybercrimes go unreported. The study suggests the figure could actually be close to $1 trillion but after further analysis it was determined the cost of cybercrimes would most likely not exceed $600 billion, which is the world’s estimated salary from the drug trade is. Also, the data was accumulated from countries that compose 80 percent of the planet’s net worth. The research revealed the United States had the largest dollar figure losses from cybercrimes and direct as well as indirect attacks were included in the research. In conclusion, the article suggested there was some connection between a nation’s net worth and the amount of money it loses due to cybercrimes, but any other discoveries were beyond the scope of the study’s abilities to ascertain.
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Although it was posted on a United Nation’s network, the website was geared towards public administration events in Asia and the Pacific as it clearly states it in the title. This is probably why the selected countries where it was revealed data was accrued where primarily in that region. Oddly enough, it wanted to discuss the position of the United States but not of other countries in that region which also possess large economies. Granted there are some communist regimes, but it appeared the United States was singled out when other countries are poised to overtake it as the world’s largest economy. What is also intriguing, is how the article jumped from subject to subject, as it commenced with a strong lead and concise data, but shortly thereafter did not begin to flow. The data presented was acknowledged to be disputed, then the article began to discuss how the study could truly not verify statistics because most countries do not report these types of crimes. It was also interesting that figures for global cybercrime were not introduced or discussed in addition to comparisons between certain countries. Therefore, the article actually put a number that was lost on cybercrimes out there that it could not ever really verify.
The news source is a public administration system for the Asian and Pacific areas operated by a division of the United Nations media group. Known for its role in world affairs as a neutral party that promotes peace, equality, clean air, education and access to health care, the United Nations would seem to be a fairly unbiased organization. That, however, can be called into question. First of all, the Asian and Pacific regions are not known for the devotion to public administration policies with many of their governments having huge human rights violations and not operating transparently. In addition, Cambodia, which has been focused on globally for decades for its horrible human rights record was the subject of a recent press release where the U.N. representative told the U.N. media the nation was on the right track and had made advances in that arena only days prior to it signing an agreement with Australia to accept that nation’s cast offs the government wanted to rid themselves of. What better place to send them than Cambodia? So activities like this raise questions on just how impartial the United Nations and its organizations truly are if they at times have agendas just like individual nations.
