Which of the following statements is TRUE of the financial losses due to computer crimes?
A) All studies on the costs of computer crimes are based on surveys.
B) There are several set standards for tallying computer crime costs and financial losses.
C) Companies are legally required to calculate their financial losses due to computer crime every month.
D) Knowledge about the cost of computer crimes is restricted to large companies.

Question

Quizplus · Accepted Answer

The statement that all studies on the costs of computer crimes are based on surveys is true. While various organizations and experts have attempted to estimate the financial losses due to computer crimes, there is no standardized method, and all estimates rely on surveys or other forms of data collection.

Which of the Following Statements Is TRUE of the Financial