Abstract This paper focuses on cyber-attacks and its impact on the global economy. It depicts that cyber-crime is a global issue because businesses that function in an online world often are the victims and have to deal with it in some way. Statistics have shown that the price paid by the businesses in terms of economic costs and losses is very high in magnitude and ever increasing. Cyber-attacks not only have a significant impact on the high-tech industry, but also affect local businesses, governments, and other small scale or large scale industries. Cyber-attacks can potentially result in lo...

• Word Count: 2935
• Approx Pages: 12
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